Abstract Industry as well as academia is working to improve the Internet architecture that was designed over forty years ago. The main problem that industry is facing is that the routers have become too complex and too expensive. Software defined networking and network virtualization are seen as solutions to this problem. The emergence of Cloud computing and smart phones have resulted in significant changes to the traffic and applications on the Internet. Social networking, personalized searches, recommendation based online shopping, online banking, and other similar personalized services form the bulk of the traffic over the Internet today. Application service providers (ASPs) will benefit from an architecture that is easier to manage and optimize for their globally distributed computing resources. These trends and proposed solutions including our own research in this area will be presented.
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