Maximum revenue-oriented resource allocation in cloud

Abstract

Cloud computing is distinguished from such conventional computing paradigms as grid computing and cluster computing in that it provides a practical business model for customers to use the resources remotely. It is natural for service providers to allocate the pooled cloud resources dynamically among the differentiated customers to maximise their revenue. This paper addresses the problem of the revenue maximisation through the SLA-aware resource allocation. Firstly, two TSF Time Service Factor based pricing models are proposed since TSF is a widely used metric to determine the billings of internet services with variable performance. Then the resource allocation problem is formulised with queuing theory and its optimal solutions are proposed. The optimal solution considers various Quality of Service QoS parameters such as pricing, arrival rates, service rates and available resources. Finally, the experiment results, both with the synthetic dataset and traced dataset, are presented. They have validated our optimal resource allocation solutions and shown that our algorithms outperform the related work.