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Article | 08-April-2018

Optimal Pricing Strategies for Resource Allocation in IaaS Cloud

In cloud computing environment, pricing is an effective method for resource allocation and it provides efficient incentive for cloud providers to provide cloud services. In this paper, we investigate two pricing schemes for the allocation of cloud resources in a monopoly cloud market subject to constrained capacity of the cloud provider. There are two main pricing schemes, on-demand and reserved pricing mechanisms adopted by leading cloud providers, i.e., Amazon and Gogrid. We analyze how cloud

Zhengce Cai, Xianwei Li

International Journal of Advanced Network, Monitoring and Controls, Volume 2 , ISSUE 2, 60–67

Article | 08-April-2018

Optimal Pricing for Service Provision in an IaaS Cloud Market with Delay Sensitive Cloud Users

Cloud computing has received a significant amount of attentions from both engineering and academic fields. Designing optimal pricing schemes of cloud services plays an important role for the success of cloud computing. How to set optimal prices of cloud resources in order to maximize these CSPs’ revenues in an Infrastructure as a Service (IaaS) cloud market while at the same time meeting the cloud users’ demand satisfaction is a challenging problem that CSPs should consider. However

Gang Fang, Xianwei Li

International Journal of Advanced Network, Monitoring and Controls, Volume 2 , ISSUE 2, 1–8

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