TOWARDS AUTONOMIC MARKET MANAGEMENT IN CLOUD COMPUTING INFRASTRUCTURES

Ivan Breskovic, Michael Maurer, Vincent C. Emeakaroha, Ivona Brandic, Jörn Altmann

2011

Abstract

Cloud computing markets face challenges, such as a large variety of different resource types in the market. A large variety of resource types results in a low number of matches of ask and bids. Consequently, the market has a low liquidity, which is economically inefficient and can lead to market failure. To counteract this problem, SLA templates (i.e., templates for electronic contracts) have been introduced. However, until now, SLA templates were static, not able to reflect changes in users' requirements. In this paper, we apply the adaptive SLA mapping approach for deriving public SLA templates from private SLA templates of users. To achieve the adaptation of SLA templates, we combine clustering algorithms with adaptation methods. The result is a set of new public SLA templates, which reflect the market situation more accurately. This way, we enable marketplaces to automatically adapt to observed changes of market conditions. For the simulation-based evaluation of our approach, we formalize a utility and cost model, calculate the overall net utility, and assess the scalability of the approach. Our results show that the use of clustering algorithms can significantly improve the performance of the adaptive SLA mapping approach.

Paper Citation

in Harvard Style

Breskovic I., Maurer M., C. Emeakaroha V., Brandic I. and Altmann J. (2011). TOWARDS AUTONOMIC MARKET MANAGEMENT IN CLOUD COMPUTING INFRASTRUCTURES . In Proceedings of the 1st International Conference on Cloud Computing and Services Science - Volume 1: CLOSER, ISBN 978-989-8425-52-2, pages 24-34. DOI: 10.5220/0003391200240034

in Bibtex Style

@conference{closer11,
author={Ivan Breskovic and Michael Maurer and Vincent C. Emeakaroha and Ivona Brandic and Jörn Altmann},
title={TOWARDS AUTONOMIC MARKET MANAGEMENT IN CLOUD COMPUTING INFRASTRUCTURES},
booktitle={Proceedings of the 1st International Conference on Cloud Computing and Services Science - Volume 1: CLOSER,},
year={2011},
pages={24-34},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0003391200240034},
isbn={978-989-8425-52-2},
}

in EndNote Style

TY - CONF
JO - Proceedings of the 1st International Conference on Cloud Computing and Services Science - Volume 1: CLOSER,
TI - TOWARDS AUTONOMIC MARKET MANAGEMENT IN CLOUD COMPUTING INFRASTRUCTURES
SN - 978-989-8425-52-2
AU - Breskovic I.
AU - Maurer M.
AU - C. Emeakaroha V.
AU - Brandic I.
AU - Altmann J.
PY - 2011
SP - 24
EP - 34
DO - 10.5220/0003391200240034