Towards a reusable and executable pricing model in the internet of services
Tom Kiemes, Daniel Oberle, Francesco Novelli · 2010
The Internet of Services envisions the trading of services where pricing information is an important aspect to enable cost comparisons. So far, there is a lack of a comprehensive pricing model that can be reused in different settings. XML-based electronic product catalogs are not comprehensive enough and established enterprise applications or billing engines bury their pricing model in the source code. Therefore, we present a directly applicable pricing model in the form of an ontology. We also contribute a runtime environment that determines the price on the basis of a context-aware declarative service description.