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A Service-Oriented Approach to Assess the Value of Digital Preservation

  • Claudia-Melania Chituc
  • Petra Ristau
Part of the Lecture Notes in Computer Science book series (LNCS, volume 7759)

Abstract

Assessing the economic value of a preservation system that preserves increasing amounts of digital data produced and collected by public and private organizations is a challenging task. The financial sector, in particular the investment business, is characterized by constantly increasing volumes of high frequency market and transaction data which need to be kept for long periods of time (e.g., due to regulatory compliance). Designing and developing appropriate metrics and tools to support the economic performance assessment in the context of long term digital preservation is a complex and difficult process. This article has three main objectives: (1) to present the work pursued towards the elaboration of a set of metrics to support economic performance assessment in the context of long term digital preservation, (2) to exhibit the architecture of the economic performance assessment engine supporting this analysis, (3) to discuss preliminary results of the value assessment of digital preservation for the financial sector obtained by applying the proposed model. This work reflects the R&D activities pursued within the scope of the on-going R&D FP7 project ENSURE – Enabling kNowledge Sustainability Usability and Recovery for Economic value (http://ensure-fp7.eu).

Keywords

Service computing performance assessment digital preservation financial sector 

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Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  • Claudia-Melania Chituc
    • 1
  • Petra Ristau
    • 2
  1. 1.Faculty of Engineering, Informatics Engineering DepartmentUniversity of PortoPortugal
  2. 2.JRC Capital Management Consultancy & Research GmbHGermany

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