Publication | Closed Access
The price is right
51
Citations
17
References
2011
Year
Unknown Venue
Data Center ManagementProvisioning (Technology)Dynamic PricingEngineeringEdge ComputingPrice FormationCloud ComputingPricing ModelBusinessMultitenancyVirtualized InfrastructureIaas OfferingsSimple Pricing SchemeMarket DesignCloud Resource ManagementPricing Policy
The performance and cost for tenants in today's datacenters depends on the location of their virtual machines within the datacenter. However, a tenant's location is a knob for the provider and is of no interest to the tenant. Hence, this paper argues for location independent tenant costs in datacenters. We show how a change in today's IaaS offerings, coupled with a simple pricing scheme, can achieve this. We discuss how such a pricing model can be implemented and show that the consequent increase in system throughput can lead to a win-win situation- tenant costs are location independent and lower while provider revenue increases too.
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