SYSTEM AND METHOD FOR METERING OF APPLICATION SERVICES IN UTILITY COMPUTING ENVIRONMENTS

A system for metering of application services in utility computing environments includes one or more meter agents and a meter aggregator. A meter agent may be configured to periodically collect usage data corresponding to one or more resources, and provide the usage data to the meter aggregator. The meter aggregator may be configured to aggregate the usage data associated with an application service, where the application service includes a plurality of application processes. In addition, the meter aggregator may be configured to compute a billing amount based on an aggregate resource usage by the application service over a specified time period.