Mandi: A Market Exchange for Trading Utility and Cloud Computing Services

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Executive Summary

The recent development in Cloud computing has enabled the realization of delivering computing as an utility. Many industries such as Amazon and Google have started offering Cloud services on a "Pay as you go" basis. These advances have led to the evolution of the market infrastructure in the form of a Market Exchange (ME) that facilitates the trading between consumers and Cloud providers. Such market environment eases the trading process by aggregating IT services from a variety of sources, and allows consumers to easily select them. In this paper, the authors propose a light weight and platform independent ME framework called "Mandi", which allows consumers and providers to trade computing resources according to their requirements.

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