This keynote paper: presents a 21st century vision of computing; identifies various computing paradigms promising to deliver the vision of computing utilities; defines Cloud computing and provides the architecture for creating market-oriented Clouds by leveraging technologies such as VMs; provides thoughts on market-based resource management strategies that encompass both customer-driven service management and computational risk management to sustain SLA-oriented resource allocation; presents some representative Cloud platforms especially those developed in industries along with our current work towards realising market-oriented resource allocation of Clouds by leveraging the 3rd generation Aneka enterprise Grid technology; reveals our early thoughts on interconnecting Clouds for dynamically creating an atmospheric computing environment along with pointers to future community research; and concludes with the need for convergence of competing IT paradigms for delivering our 21st century vision.
@article{arxiv.0808.3558,
title = {Market-Oriented Cloud Computing: Vision, Hype, and Reality for Delivering IT Services as Computing Utilities},
author = {Rajkumar Buyya and Chee Shin Yeo and Srikumar Venugopal},
journal= {arXiv preprint arXiv:0808.3558},
year = {2016}
}