Pricing of insurance policies against cloud storage price rises

When a company migrates to cloud storage, the way back is neither easy nor cheap. The company is then locked up in the storage contract and exposed to upward market prices, which reduce the company's profit and may even bring it below zero. We propose a protection means based on an insurance contract, by which the cloud purchaser is indemnified when the current storage price exceeds a pre-defined threshold. By applying the financial options theory, we provide a formula for the insurance price (the premium). By using historical data on market prices for disks, we apply the formula in realistic scenarios. We show that the premium grows nearly quadratically with the length of the coverage period as long as this is below one year, but grows more slowly, though faster than linearly, over longer coverage periods

Analysis of cloud storage prices

Cloud storage is fast securing its role as a major repository for both consumers and business customers. Many companies now offer storage solutions, sometimes for free for limited amounts of capacity. We have surveyed the pricing plans of a selection of major cloud providers and compared them using the unit price as the means of comparison. All the providers, excepting Amazon, adopt a bundling pricing scheme; Amazon follows instead a block-declining pricing policy. We compare the pricing plans through a double approach: a pointwise comparison for each value of capacity, and an overall comparison using a two-part tariff approximation and a Pareto-dominance criterion. Under both approaches, most providers appear to offer pricing plans that are more expensive and can be excluded from a procurement selection in favour of a limited number of dominant providers.Comment: 17 pages, 17 figures, 17 reference

Comparison Of Cloud Storage

This paper focuses on cloud storage industry analysis. Some products of public cloud storage providers are main objects: Google Drive, Dropbox, Amazon Cloud Drive and etc. Based on system dynamics, the study represents a whole map of cloud storage stakeholders. In addition, price and storage space as two main factors are researched to illustrate current situation. Using Vensim simulates future number of users about Google Drive. The result shows that Google Drive has a flexible pricing strategy and Dropbox is a security system. However, most factors are hard to digitize. In the future, user satisfaction test will help system simulation better.Master of Science in Information Scienc