OMC Used in Clouds for Maximum Profit

Provided by: The World
Topic: Cloud
Format: PDF
To maximize the profit, a service provider should understand both service charges and business costs, and how they are determined by the characteristics of the applications and the configuration of a multi server system. The problem of optimal multi server configuration for profit maximization in a cloud computing environment is studied. The authors' pricing model takes such factors into considerations as the amount of a service, the workload of an application environment, the configuration of a multi server system, the service-level agreement, the satisfaction of a consumer, the quality of a service, the penalty of a low-quality service, the cost of renting, the cost of energy consumption, and a service provider's margin and profit.

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