Revenue maximization using adaptive resource provisioning in cloud computing environments

Abstract

Compared with the traditional computing models such as grid computing and cluster computing, a key advantage of Cloud computing is that it provides a practical business model for customers to use remote resources. However, it is challenging for Cloud providers to allocate the pooled computing resources dynamically among the differentiated customers so as to maximize their revenue. It is not an easy task to transform the customer-oriented service metrics into operating level metrics, and control the Cloud resources adaptively based on Service Level Agreement (SLA). This paper addresses the problem of maximizing the provider's revenue through SLA-based dynamic resource allocation as SLA plays ..