An Online Auction Framework for Dynamic Resource Provisioning in Cloud Computing

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Provided by: Association for Computing Machinery
Topic: Cloud
Format: PDF
Auction mechanisms have recently attracted substantial attention as an efficient approach to pricing and resource allocation in cloud computing. This work, to the authors' knowledge, represents the first online combinatorial auction designed in the cloud computing paradigm, which is general and expressive enough to both optimize system efficiency across the temporal domain instead of at an isolated time point, and model dynamic provisioning of heterogeneous Virtual Machine (VM) types in practice. Cloud computing has recently emerged as a new computing paradigm that enables prompt and on-demand access to computing resources.
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