Economically Enhanced Resource Management for Internet Service Utilities

Abstract. As competition on global markets increases the vision of utility computing gains more and more interest. To attract more providers it is crucial to improve the performance in commercialization of resources. This makes it necessary to not only base components on technical aspects, but also to include economical aspects in their design. This work presents an framework for an Economically Enhanced Resource Manager (EERM) which features enhancements to technical resource management like dynamic pricing and client classification. The introduced approach is evaluated considering various economic design criteria and example scenarios. Our preliminary results, e.g. an increase in achieved revenue from 77% to 92% of the theoretic maximum in our first scenario, show that our approach is very promising.

• Type: Conference
• Year: 2007
• Where: WISE
• Authors: Tim Püschel, Nikolay Borissov, Mario Macías, Dirk Neumann, Jordi Guitart, Jordi Torres
• Keywords: Enhanced Resource Manager, Internet Technology, Technical Resource Management, Utility Computing Gains, WISE 2007