Enforcing service level agreements using an economically enhanced resource manager

Macías, Mario, Smith, Garry, Rana, Omer Farooq ORCID: https://orcid.org/0000-0003-3597-2646, Guitart, Jordi and Torres, Jordi 2010. Enforcing service level agreements using an economically enhanced resource manager. Published in: Neumann, D, Baker, M, Altmann, J and Rana, Omer Farooq ORCID: https://orcid.org/0000-0003-3597-2646 eds. Economic Models and Algorithms for Distributed Systems. Autonomic Systems: Economic Models and Algorithms for Distributed Systems. Autonomic Systems Basel, Switzerland: Birkhauser, pp. 109-127. 10.1007/978-3-7643-8899-7_7

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Abstract

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.

Item Type:	Conference or Workshop Item (Paper)
Date Type:	Publication
Status:	Published
Schools:	Computer Science & Informatics
Subjects:	Q Science > QA Mathematics > QA75 Electronic computers. Computer science
Uncontrolled Keywords:	Primary 91A40, 68M14, 68T99, Secondary 91A10, Grid computing, virtual organization, self organization, cooperative game theory
Publisher:	Birkhauser
ISBN:	978-3-7643-8896-6
Last Modified:	24 Oct 2022 10:30
URI:	https://orca.cardiff.ac.uk/id/eprint/44630

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