Authors
Adel Nadjaran Toosi, Kurt Vanmechelen, Kotagiri Ramamohanarao, Rajkumar Buyya
Publication date
2014/12/18
Journal
IEEE transactions on Cloud Computing
Volume
3
Issue
3
Pages
261-274
Publisher
IEEE
Description
Infrastructure-as-a-Service cloud providers offer diverse purchasing options and pricing plans, namely on-demand, reservation, and spot market plans. This allows them to efficiently target a variety of customer groups with distinct preferences and to generate more revenue accordingly. An important consequence of this diversification however, is that it introduces a non-trivial optimization problem related to the allocation of the provider's available data center capacity to each pricing plan. The complexity of the problem follows from the different levels of revenue generated per unit of capacity sold, and the different commitments consumers and providers make when resources are allocated under a given plan. In this work, we address a novel problem of maximizing revenue through an optimization of capacity allocation to each pricing plan by means of admission control for reservation contracts, in a setting where …
Total citations
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Scholar articles
AN Toosi, K Vanmechelen, K Ramamohanarao… - IEEE transactions on Cloud Computing, 2014