Seoul National University (SNU) honors the ideals of liberal education and aims to teach students a lifelong love of learning that will form the basis for continuous personal growth. The mission of Seoul National University in the twenty-first century is to create a vibrant intellectual community where students and scholars join together in building the future. As one of Korea's leading research universities, Seoul National University is committed to fostering global exchange, and promoting path-breaking research in all fields of knowledge. SNU is also recognized as a world-class university in rankings by subject such as Natural Sciences, Life Sciences, Engineering & Technology, Social Sciences, and Humanities.
The IT Services Economics Group is a strong and innovative research group within the Technology, Management, Economics and Policy Program and the Department of Industrial Engineering of the College of Engineering at Seoul National University. The group, which includes 9 researchers, is headed by Prof. Dr. Jörn Altmann. The research of the group centers on the interdisciplinary aspects of Internet technologies, economics, and sociology. The group develops new architectures and technologies, which allow economically efficient resource allocation based on economic and sociological models. Currently, the group focuses on the following two research areas: i) Cloud economics; ii) complex networks;iii) techno-economic analysis.
Extendable Architecture and Service Infrastructure for Cloud-Aware Software