Objective
The overall goal of the GridEcon project is to advance the functionality of existing Grid technology with respect to its capability to allow the economics-aware operation of Grid applications. The project will propose the necessary solutions and extensions to this technology, so that new Grid business models can be implemented.
The specific objectives that will be pursued are to:
- Define Grid economics based on current Grid business models using scenarios
- Define micro-economic models for resource sharing across organizations
- Analyze new paradigms of accounting and settlement in the utility services model
- Validate these findings by implementing specific components
- Maximize the commercial impact of GridEcon by influencing existing technology trends
To reach these objectives a consortium of European organisations of excellence has been assembled to cover the broad spectrum of expertise required to carry out such a demanding task, combining Grid technology and services experts with economists and computer scientists. The GridEcon consortium envisages the Grid as being more than just a large distributed system which provides virtualized services to its users and enables computing on demand on a best-effort basis at zero cost. Instead, GridEcon expects the Grid to offer services that span many economically independent enterprises, forming a real economy. The Grid is expected to evolve into a platform allowing the resolution of differences in service preferences of its users and the expression of their utility through interaction in an economy.
The benefits to the end-user will include:
- The ability to generate income by selling services or sharing resources across individual organization boundaries
- The capability of choosing the appropriate level of service by paying the appropriate price
- A robust and highly utilized system that reacts more effectively to dynamic changes of demand
- The fast deployment of Grid infrastructures
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences economics and business economics
- social sciences economics and business business and management business models
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Data not available
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
76646 BRUCHSAL
Germany
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.