Enforcing service level agreements using an economically enhanced resource manager

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Macias, M., Smith, G., Rana, O., Guitart, J. and Torres, J. (2010) Enforcing service level agreements using an economically enhanced resource manager. In: Economic Models and Algorithms for Distributed Systems. Autonomic Systems. Birkhäuser-Springer, pp. 109-127. ISBN 9783764388966 doi: 10.1007/978-3-7643-8899-7_7

Abstract/Summary

Traditional resource management has had as its main objective the optimisation of throughput, based on parameters such as CPU, memory, and network bandwidth. With the appearance of Grid Markets, new variables that determine economic expenditure, benefit and opportunity must be taken into account. The SORMA project aims to allow resource owners and consumers to exploit market mechanisms to sell and buy resources across the Grid. SORMA’s motivation is to achieve efficient resource utilisation by maximising revenue for resource providers, and minimising the cost of resource consumption within a market environment. An overriding factor in Grid markets is the need to ensure that desired Quality of Service levels meet the expectations of market participants. This paper explains the proposed use of an Economically Enhanced Resource Manager (EERM) for resource provisioning based on economic models. In particular, this paper describes techniques used by the EERM to support revenue maximisation across multiple Service Level Agreements.

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Item Type	Book or Report Section
URI	https://reading-clone.eprints-hosting.org/id/eprint/34797
Identification Number/DOI	10.1007/978-3-7643-8899-7_7
Refereed	Yes
Divisions	Science
Uncontrolled Keywords	Grid computing, virtual organization, self-organization, cooperative game theory
Publisher	Birkhäuser-Springer
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Date Deposited:	08 Nov 2013 13:20	Date item deposited into CentAUR
Last Modified:	09 Jul 2021 09:28	Date item last modified

References

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