© 2011 The SESERV Consortium 1

High-speed Accounting for Virtual

Resources

Martin Waldburger

University of Zurich

Poznan, Poland, October 25, 2011

SESERV Socio-Economic Services for European Research Projects

http://www.seserv.org

European Seventh Framework CSA FP7-2010-ICT-258138

© 2011 The SESERV Consortium 2

• Accounting = Collect and store resource usage records

• Value of accounted for data depends on accounting demand

• Accounting provides quantified basis for • Accountability

• Value creation

High-speed Accounting for Virtual

Resources

© 2011 The SESERV Consortium 3

Data Center Scenario

Bottlenecks:

• Very high speed

• #Customers

• Time/packet

• #flows

Risk:

• Loss of information

• Granularity loss

Jurisdictions:

• Data retention

• Data protection

• Consumer protection

• Contract law

Multi-tier value network:

• Accountability, trust?

Charging and billing:

• Value in terms of revenue

Benefit >

Costs?

© 2011 The SESERV Consortium 4

Conclusions

• Reliable, working accounting system is key

• Basis for accountability and value creation

• Multiple demand drivers – resulting tension

fields

• Accounting essential for value creation

• But consider costs as well!

• Managerial, technical feasibility

• Feasible, but many challenges ahead!