Welcome The IT Services Economics Group is a research group within the Technology Management, Economics and Policy Program of the School of Industrial and Management Engineering, which belongs to the College of Engineering at Seoul National University. The group, which includes 9 researchers, is headed by Prof. Dr. Jorn Altmann.

The research of the group centers on the interdisciplinary aspects of Internet technologies, economics, and sociology. The group analyzes the efficiency of technology, technology markets, and the impact of technology. Based on the analysis results, the group makes policy recommendations, develops new decision support systems and Internet technologies, which achieve economically efficient resource allocation based on economic and sociological models. These technologies are created in several areas, ranging from Cloud computing, Internet data centers, peer-to-peer networks, optical networks, Internet interconnection to services. Currently, two research projects are funded externally:
  • One(Towards Automated Interaction between the Internet and the Carrier Grade Management Ecosystems): One is funded by the European Commission and the Korean National Research Foundation. The IT Services Economics Group focuses on the economic and market aspect of the technologies developed within the project.
  • IDChar (Capacity Planning for Cloud Providers): The project focuses on the development of planning models and decision support tools for Cloud services, helping them to reduce cost for infrastructure services.
For more information, please visit our research Web site.

News
The WIVE2010 - Web Intelligence and Virtual Entreprise will be held in Saint Etienne, France, on October 12-13 in conjunction with the 11th IFIP Working Conference on Virtual Enterprises (PRO-VE'10).
Dr. Kurt Vanmechelen of University of Antwerp, Belgium gave a seminar on "The Cloud Computing Paradigm: Technology, Markets, and Adaptation Factors" at TEMEP on October 1st, 2010. Dr. Kurt Vanmechelen at TEMEP
The Korean NRF and EC-funded project ONE - Towards Automated Interaction between the Internet and the Carrier Grade Management Ecosystems has officially started on September 1st. The kick-off meeting has taken place in Braunschweig, Germany, hosted by Prof. Dr Admela Jukan of the University of Braunschweig.
The GECON 2010 has successfully been held on August 30th-31st in Ischia (Naples), Italy, in conjunction with Euro-Par 2010.
Dr. Ivona Brandic of Technical University of Vienna, Austria gave a seminar on "Fossi - Autonomic Resource Management in Clouds Considering Cloud-Based Resource Monitoring and Knowledge Management" at TEMEP on July 20th, 2020. Dr. Ivona Brandic at TEMEP
Prof. Dr. Ray Buyya of the University of Melbourne, Australia gave a seminar on "Cloud Computing: The Next Revolution in Information Technology" at TEMEP on May25th, 2010. Prof. Dr. Raykumar Buyya at TEMEP
Dr. Peter Gloor of MIT, USA gave a seminar on "Collaborative Innovation Networks: Coolhunting through Swarmcreativity" at TEMEP on November 10th, 2009. Dr. Peter Gloor at TEMEP