Resource allocation using dynamic pricing auction mechanism for supporting emergency demands in Cloud computing

2021 ◽  
Author(s):  
R. Ananthakumar ◽  
K. Kartheeban
Keyword(s):  
Resource Allocation ◽  
Cloud Computing ◽  
Dynamic Pricing ◽  
Auction Mechanism

scholarly journals Effectual Resource Allocation using Auction Mechanism in Cloud Computing

2019 ◽  
Vol 9 (2S2) ◽  
pp. 814-819
Keyword(s):  
Resource Allocation ◽  
Cloud Computing ◽  
Emerging Technology ◽  
Dynamic Resource Allocation ◽  
High Cloud ◽  
Auction Mechanism ◽  
On Demand ◽  
Cloud Providers ◽  
Dynamic Resource

Cloud computing(CC) is one of the fastest emerging technology. As we all know, cloud is a wide pool of resource which provides resources based on the users request. Any service can be provided as a service through cloud. As the cloud contains many resources, there may also wastage of resources. To reduce this wastage, cloud providers enter into auctioning of resources when the demand is high. Cloud computing includes distinct resources. Because of the complementary and supplementary effects between distinct assets, bidders have preferences not for just a single resource but also for a set of resources. Auctioning for a bundle of resources is called mergeable auction (MA). Dynamic resource allocation in on demand for a bundle of resource is proposed by using MA – PROVISION algorithm and the scenarios are simulated using Cloudsim, a simulator meant for cloud computing analysis.

Feasibility of Providers' Coalition in Reverse Auction-Based Cloud Market

2020 ◽  
pp. 119-129
Author(s):  
Gaurav Baranwal ◽  
Dinesh Kumar ◽  
Deo Prakash Vidyarthi
Keyword(s):  
Resource Allocation ◽  
Cloud Computing ◽  
Dynamic Pricing ◽  
Relational Databases ◽  
Feasible Solution ◽  
Reverse Auction ◽  
New Challenges ◽  
Cloud Users ◽  
Small Cloud

Cloud computing has revolutionized the IT world by its benefits. Cloud users can take relational and non-relational databases in the form of services or can run their own database on computing resources provided by the cloud. With evolution of cloud, new challenges are emerging, and the responsibility of the professional is to provide solution to these challenges. Dynamic pricing of computing resources in the cloud is now widely acceptable by its users. But in the current market of cloud, reverse auction (a mechanism to implement dynamic pricing) is not getting the attention from professionals that it deserves. This work is an effort to identify the facts in the cloud market that are responsible for current condition of reverse auction. In this work, from the identified limitations of current cloud market and case study on existing model for reverse auction in cloud, one can observe that coalition of small cloud providers with common interoperability standard in reverse auction is a feasible solution to encourage cloud market for adapting reverse auction-based resource allocation.

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