Grid Economics and Businesses: Meeting the Challenges

Even though the new and advanced technologies can provide benefits for business their wide adoption in industrial settings requires always clear evidences how, and under which conditions these technological advantages can be turn into business benefits. The economic, business and legal factors should not be underestimated but rather examined in detail together with the technological context. Based on this statement, this paper presents a number of valuable conclusions and hands-on advice for new players that wish to enter the market by adopting Grid technology. The authors discuss the main challenges to be dealt with, provide a set of business advice and suggestions and place this discussion in the context of new architectural paradigms such as Cloud computing. The paper has been built on the experience of a business and legal consultancy team with the responsibility of assisting the adoption of Grid technologies in the EU.