Browse

Enabling Open Cloud Markets Through WS-Agreement Extensions

Cited 0 time in Web of Science Cited 0 time in Scopus
Authors
Risch, Marcel; Altmann, Jorn
Issue Date
2009-10
Publisher
Springer
Citation
In: Service Level Agreements in Grids Workshop, in conjunction with GRID2009, CoreGRID Springer Series, Banff, Canada, October 2009
Keywords
Grid economicsunit of tradesystem resource tradingCloud computing marketsystem virtualizationcontact templatesWS-agreementsservice level contractCloud economics
Abstract
Research into computing resource markets has mainly considered the question of which market mechanisms provide a fair resource allocation. However, while developing such markets, the definition of the unit of trade (i.e. the definition of resource) has not been given much attention. In this paper, we analyze the requirements for tradable resource goods. Based on the results, we suggest a detailed goods definition, which is easy to understand, can be used with many market mechanisms, and addresses the needs of a Cloud resource market. The goods definition captures the complete system resource, including hardware specifications, software specifications, the terms of use, and a pricing function. To demonstrate the usefulness of such a standardized goods definition, we demonstrate its application in the form of a WSAgreement template for a number of market mechanisms for commodity system resources.
Language
English
URI
https://hdl.handle.net/10371/73518
Files in This Item:
Appears in Collections:
College of Engineering/Engineering Practice School (공과대학/대학원)Program in Technology, Management, Economics and Policy (협동과정-기술·경영·경제·정책전공)Others_협동과정-기술·경영·경제·정책전공
  • mendeley

Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.

Browse