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Annals of Telecommunications
Erschienen in: Annals of Telecommunications 11-12/2010

01.12.2010

A marketplace and its market mechanism for trading commoditized computing resources

verfasst von: Jörn Altmann, Costas Courcoubetis, Marcel Risch

Erschienen in: Annals of Telecommunications | Ausgabe 11-12/2010

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Abstract

This paper presents the design and implementation of the GridEcon Marketplace. In addition to supporting a market mechanism for trading computing resources on a pay-per-use basis, this marketplace also provides an environment for integrating value-added support services. These value-added services help consumers to use the utility computing market more efficiently. The GridEcon Market Mechanism for virtual machines specifies in detail the unit-of-trade, the bids and asks, as well as the matching algorithm. The marketplace and market mechanism are validated by using the GridEcon Platform, which is a service-oriented platform for composing market scenarios. Our validation results show that the GridEcon Marketplace fulfills all functional requirements and that the GridEcon Market Mechanism is computationally and economically efficient.
Vorheriger Artikel Towards market-oriented Clouds
Nächster Artikel A market-oriented dynamic collaborative cloud services platform

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Metadaten
Titel
A marketplace and its market mechanism for trading commoditized computing resources
verfasst von
Jörn Altmann
Costas Courcoubetis
Marcel Risch
Publikationsdatum
01.12.2010
Verlag
Springer-Verlag
Erschienen in
Annals of Telecommunications / Ausgabe 11-12/2010
Print ISSN: 0003-4347
Elektronische ISSN: 1958-9395
DOI
https://doi.org/10.1007/s12243-010-0183-1

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