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We analyze in details the building blocks of the software stack for supporting Big Data Science as a commodity service for data scientists.
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In that way, it serves more as a comparison shopping site like Expedia as opposed to a book-right-now option for a commodity service.
"There will come a time in the not-so-distant future where that will change--the delivery component will become a commodity service that companies outsource, making it possible for any company to get product to customers' doorsteps.
We consider a model where commodity service providers are offering commodity computational services to a set of customers.
Costs are generally defined as the monetary value of the resource consumption for producing a commodity or service, frequently expressed as a composite sum of quantities of some activity multiplied by their respective prices [ 6].
Even Dell Computer last week said it would focus on building a business for commodity services.
Degradable polyolefins are designed to retain functionality as a commodity plastic for the required service life but degrade to non-toxic end products in a disposal environment.
Cloud providers such as Amazon Web Services (AWS) and Windows Azure can be counted on to drop prices for commodity services.
"What companies are finding is that offshore can be good for generic, commodity services," said Howard Rubin, executive vice president of the Meta Group Inc., a consulting firm.
Bitcoin conversions with traditional currencies are slowly becoming a commodity industry, especially for B2C services.
Data warehouses and the ability to pinpoint customers are especially important for those selling "commodity" services in recently deregulated markets, such as airlines, telecoms and financial services.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com