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Shaping the Future of Fog Computing Economics: A Systematic Review of the Most Important Business Models

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Fog Computing, which decentralizes the computing infrastructure and extends cloud capabilities closer to the network edge, emerges as a solution to this challenge. In this paper, the authors review the relevant critical business models of Fog Computing from an economic point of view through business models in different scenarios. Specifically, we will describe the economic interaction of the significant players in the Fog Computing markets: End users, service providers, infrastructure providers, and edge resource owners. The results obtained in this research show that, first, the principal business models depend on infrastructure providers, service providers, and end users' requirements. Second, this review's future issues and opportunities are compelling tradeoff management, adapting to end-user dynamic conditions, and architecture standardization and transparency. Third, the analysis conducted in this article shows the vital role of business model analysis in developing the Fog Computing market based on different architectures, to foster competition and stakeholder collaboration, which will significantly impact the future development of Fog Computing.

Original languageEnglish
Title of host publicationIEEE Andescon, ANDESCON 2024 - Proceedings
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9798350355284
DOIs
StatePublished - 2024
Event12th IEEE Andescon, ANDESCON 2024 - Cusco, Peru
Duration: 11 Sep 202413 Sep 2024

Publication series

NameIEEE Andescon, ANDESCON 2024 - Proceedings

Conference

Conference12th IEEE Andescon, ANDESCON 2024
Country/TerritoryPeru
CityCusco
Period11/09/2413/09/24

Bibliographical note

Publisher Copyright:
© 2024 IEEE.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 7 - Affordable and Clean Energy
    SDG 7 Affordable and Clean Energy

Keywords

  • bussines models
  • fog computing
  • fog economics
  • IoT

CACES Knowledge Areas

  • 216A Network and Database Design and Administration

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