Title: Pricing the Cloud: A QoS-based Optimal Design         PDF

Publisher: INATGI                           

Authors: Yang Lu, Jiacheng Dong

Abstract: Cloud computing has a major impact on the IT industry. How to price and allocate cloud resources to meet users’ requirements is an important problem. This paper proposes a dynamic mechanism to price cloud services, which can work in complex environments such as distributed system and uncertain budget constraints. A directly relationship between QoS and price is established. The approach uses an optimization technique to estimate the potential transaction price in the distributed network. It can allocate cloud resources under uncertainties, where providers can optimize their revenues, and consumers can obtain the resources at a relatively low price.

Keywords: QoS (quality of service), Reliability, Availability, Robust optimization auction, Optimal revenue, Budget constraint.

Date of Publication: December 10, 2023                     DOI: 10.63646.VBHS9335