Auction-based Resource Provisioning in Cloud Computing. A Taxonomy
Sara Arevalos$^{1}$, Fabio Lopez-Pires$^{1,3}$, Benjamín Barán$^{2}$
$^{1}$National University of Asunción. Paraguay,
$^{2}$East National University. Paraguay,
$^{3}$Itaipu Technological Park. Paraguay
email: sarevalos@pol.una.py, fabio.lopez@pti.org.py, bbaran@cba.com.py

Schedule:Mon 19th@16:45, Room: D

Amazon Web Services marketizes its idle computing resources through its spot instances offer. These resources are offered through an auction-based scheme at extremely low prices. A running instance can be shutdown whenever the spot price rises above the user bid. Several challenges and opportunities emerge from this new computing paradigm. This work proposes for the first time a taxonomy on auction-based cloud computing resource provisioning, based on the study of the most relevant literature. The studied works are classified according to: (1) provider or user perspective, (2) problem solved, (3) optimization approach, (4) objective functions and (5) solution techniques. Finally, new prospective research subjects are identified and proposed for this promising research area.

BibTex

@InProceedings{CLEI-2015:144368,
	author 		= {Sara Arevalos and Fabio Lopez-Pires and Benjamín Barán},
	title 		= {Auction-based Resource Provisioning in Cloud Computing. A Taxonomy},
	booktitle 	= {2015 XLI Latin American Computing Conference (CLEI)},
	pages 		= {158--168},
	year 		= {2015},
	editor 		= {Hector Cancela and Alex Cuadros-Vargas and Ernesto Cuadros-Vargas},
	address 	= {Arequipa-Peru},
	month 		= {October},
	organization 	= {CLEI},
	publisher 	= {CLEI},
	url 		= {http://clei.org/clei2015/144368},
	isbn 		= {978-1-4673-9143-6},
	}