Enabling Cloud Service Reservation with Derivatives and Yield Management
Since the cloud computing advent a few years ago this paradigm has proved itself to be extremely successive in the industrial sector. IT and business managers agree that this form of highly-dynamic provision of IT services will play a major role in the IT world during the next decades. Several business models have already been developed and implemented, including also dynamic pricing schemes. Given that, we analyze in this work two distinct reservation system approaches from related areas and how they can be applied to the cloud computing scenario. We state the different requirements and set up a realistic implementable model in order to enable cloud vendors to improve their revenues.
cloud computing derivatives yield management Poisson arrival processes
Thomas Meinl Arun Anandasivam Michiaki Tatsubori
Institute of Information Systems and Management Karlsruhe Institute of Technology (KIT) D- 76131 Kar IBM Research - Tokyo 1623-14 Shimo-tsuruma Yamato, Kanagawa, Japan
国际会议
上海
英文
150-155
2010-11-10（万方平台首次上网日期，不代表论文的发表时间）