Pay for Data You Use—Not Data You Store

Towards using/measuring the value of data you use.

Cloud Services Tool Lets You Pay for Data You Use—Not Data You Store
IEEE Spectrum
Charles Q. Choi

Computer scientists at George Mason University have developed a new caching technique that can support pay-per-use cloud storage service. The team tested the service, InifiniCache, on Amazon Web Services' (AWS) Lambda computing service, and found that the technique achieved at least a 100-fold improvement in latency compared to the Amazon S3 service in about 60% of requests for objects larger than 10 megabytes. InfiniCache performed comparably with the AWS ElastiCache cloud caching service, but when it worked with large objects, InfiniCache cost users about one-thirtieth to one-ninetieth as much as ElastiCache. InfiniCache utilizes a data backup mechanism in which cached objects synchronize with clones of themselves to minimize the chances that reclaiming memory causes data loss.  ... "