An Economic Model for Self-Tuned Cloud Caching

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Executive Summary

Cloud computing, the new trend for service infrastructures requires user multi-tenancy as well as minimal capital expenditure. In a cloud that services large amounts of data that are massively collected and queried, such as scientific data, users typically pay for query services. The cloud supports caching of data in order to provide quality query services. User payments cover query execution costs and maintenance of cloud infrastructure, and incur cloud profit. The challenge resides in providing efficient and resource-economic query services while maintaining a profitable cloud. In this work the authors propose an economic model for self-tuned cloud caching targeting the service of scientific data.

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