Journal ArticleDOI
Bidding Strategies for Spot Instances in Cloud Computing Markets
TLDR
This work uses data based on Amazon's Elastic Compute Cloud spot market to provide users with guidelines when considering tradeoffs between cost, wait time, and interruption rates, and recommends bidding strategies in spot markets.Abstract:
In recent times, spot pricing -- a dynamic pricing scheme -- is becoming increasingly popular for cloud services. This new pricing format, though efficient in terms of cost and resource use, has added to the complexity of decision making for typical cloud computing users. To recommend bidding strategies in spot markets, we use a simulation study to understand the implications that provider-recommended strategies have for cloud users. We use data based on Amazon's Elastic Compute Cloud spot market to provide users with guidelines when considering tradeoffs between cost, wait time, and interruption rates.read more
Citations
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Book ChapterDOI
Resilient Techniques Against Disruptions of Volatile Cloud Resources
TL;DR: This chapter introduces volatile cloud Resources, their life cycle, pros and cons, and presents several resilient techniques against volatile cloud resources’ disruptions and multiple failures.
Proceedings ArticleDOI
Pricing and bidding strategies for cloud spot block instances
TL;DR: A model for Spot Block prices determination is proposed and analysis of different bidding strategies in creating Spot Blocks requests is provided and two auction-based pricing mechanisms are analyzed: Uniform price auction and Generalized Second-price auction.
Journal ArticleDOI
Improving reliability and reducing cost of task execution on preemptible VM instances using machine learning approach
TL;DR: A checkpointing algorithm has been proposed for saving the task’s progress at optimal time intervals by the use of the proposed spot price prediction algorithm, which is the first attempt of its kind in this field.
Proceedings ArticleDOI
Bidding Strategies for Amazon EC2 Spot Instances-A Comprehensive Review
TL;DR: This paper presents different spot bidding strategies proposed by the authors and provides the suitability of each of the proposed bidding strategies based on the type of application, its fault tolerance, job requirements and other constraints.
Journal ArticleDOI
Review of the quality of service scheduling mechanisms in cloud
K R RemeshBabu,Philip Samuel +1 more
TL;DR: A comparative study about different resource allocation, load balancing and virtual machine consolidation algorithms in cloud computing in terms of their ability to provide QoS for the tasks and Service Level Agreement (SLA) guarantee amongst the jobs served is provided.
References
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Recommender systems in e-commerce
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