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    Economic Benefit Analysis of Cloud Based Design, Engineering Analysis, and Manufacturing

    Source: Journal of Manufacturing Science and Engineering:;2015:;volume( 137 ):;issue: 004::page 40903
    Author:
    Wu, Dazhong
    ,
    Terpenny, Janis
    ,
    Gentzsch, Wolfgang
    DOI: 10.1115/1.4030306
    Publisher: The American Society of Mechanical Engineers (ASME)
    Abstract: From a business perspective, cloud computing has revolutionized the information and communication technology (ICT) industry by offering scalable and ondemand ICT services as well as innovative pricing plans such as payperuse and subscription. Considering the economic benefits of cloud computing, cloudbased design and manufacturing (CBDM) has been proposed as a new paradigm in digital manufacturing and design innovation. Although CBDM has the potential to reduce costs associated with high performance computing (HPC) and maintaining ICT infrastructures in the context of cloud computing, it is challenging to justify the potential cost savings associated with design and manufacturing because of the complexity in the economic benefit analysis of migrating to CBDM. In response, this paper provides important insights into the economics of CBDM by identifying key cost factors and potential pricing models that can influence decision making on whether migrating to the cloud for computationally expensive analyses that are commonplace for design and manufacturing (e.g., computeraided design (CAD)/computeraided engineering (CAE)/computeraided manufacturing (CAM)) is economically justifiable. This work, for the first time, identifies the key economic benefits required for a comparative study that supports organizations in determining when traditional inhouse design and manufacturing versus CBDM is most appropriate. Several comparative case studies and a hypothetical application example are provided to demonstrate and quantitatively validate decision support methods. Finally, key issues and road blocks for CBDM are outlined.
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      Economic Benefit Analysis of Cloud Based Design, Engineering Analysis, and Manufacturing

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    contributor authorWu, Dazhong
    contributor authorTerpenny, Janis
    contributor authorGentzsch, Wolfgang
    date accessioned2017-05-09T01:20:24Z
    date available2017-05-09T01:20:24Z
    date issued2015
    identifier issn1087-1357
    identifier othermanu_137_04_040903.pdf
    identifier urihttp://yetl.yabesh.ir/yetl/handle/yetl/158697
    description abstractFrom a business perspective, cloud computing has revolutionized the information and communication technology (ICT) industry by offering scalable and ondemand ICT services as well as innovative pricing plans such as payperuse and subscription. Considering the economic benefits of cloud computing, cloudbased design and manufacturing (CBDM) has been proposed as a new paradigm in digital manufacturing and design innovation. Although CBDM has the potential to reduce costs associated with high performance computing (HPC) and maintaining ICT infrastructures in the context of cloud computing, it is challenging to justify the potential cost savings associated with design and manufacturing because of the complexity in the economic benefit analysis of migrating to CBDM. In response, this paper provides important insights into the economics of CBDM by identifying key cost factors and potential pricing models that can influence decision making on whether migrating to the cloud for computationally expensive analyses that are commonplace for design and manufacturing (e.g., computeraided design (CAD)/computeraided engineering (CAE)/computeraided manufacturing (CAM)) is economically justifiable. This work, for the first time, identifies the key economic benefits required for a comparative study that supports organizations in determining when traditional inhouse design and manufacturing versus CBDM is most appropriate. Several comparative case studies and a hypothetical application example are provided to demonstrate and quantitatively validate decision support methods. Finally, key issues and road blocks for CBDM are outlined.
    publisherThe American Society of Mechanical Engineers (ASME)
    titleEconomic Benefit Analysis of Cloud Based Design, Engineering Analysis, and Manufacturing
    typeJournal Paper
    journal volume137
    journal issue4
    journal titleJournal of Manufacturing Science and Engineering
    identifier doi10.1115/1.4030306
    journal fristpage40903
    journal lastpage40903
    identifier eissn1528-8935
    treeJournal of Manufacturing Science and Engineering:;2015:;volume( 137 ):;issue: 004
    contenttypeFulltext
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