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Cloud providers have introduced pricing models to incentivize long-term commitments of compute capacity. These long-term commitments allow the cloud providers to get guaranteed revenue for their investments in data centers and computing…
Cloud computing has reached significant maturity from a systems perspective, but currently deployed solutions rely on rather basic economics mechanisms that yield suboptimal allocation of the costly hardware resources. In this paper we…
With the unprecedented reliance on cloud computing as the backbone for storing today's big data, we argue in this paper that the role of the cloud should be reshaped from being a passive virtual market to become an active platform for…
Cloud is now the leading software and computing hardware innovator, and is changing the landscape of compute to one that is optimized for artificial intelligence and machine learning (AI/ML). Computing innovation was initially driven to…
With the recent growth in the size of cloud computing business, handling the interactions between customers and cloud providers has become more challenging. Auction theory has been proposed to model these interactions due to its simplicity…
Cloud computing is an opened and distributed network that guarantees access to a large amount of data and IT infrastructure at several levels (software, hardware...). With the increase demand, handling clients' needs is getting increasingly…
Cloud service brokerage is an emerging technology that attempts to simplify the consumption and operation of hybrid clouds. Today's cloud brokers attempt to insulate consumers from the vagaries of multiple clouds. To achieve the insulation,…
Agentic AI, often powered by large language models (LLMs), is becoming increasingly popular and adopted to support autonomous reasoning, decision-making, and task execution across various domains. While agentic AI holds great promise, its…
In cloud computing, users scale their resources (computational) based on their need. There is massive literature dealing with such resource scaling algorithms. These works ignore a fundamental constrain imposed by all Cloud Service…
By acquiring cloud-like capacities at the edge of a network, edge computing is expected to significantly improve user experience. In this paper, we formulate a hybrid edge-cloud computing system where an edge device with limited local…
Increasing number of the cloud-based Internet applications demands for efficient resource and cost management. This paper proposes a real-time group auction system for the cloud instance market. The system is designed based on a…
The competitive nature of Cloud marketplaces as new concerns in delivery of services makes the pricing policies a crucial task for firms. so that, pricing strategies has recently attracted many researchers. Since game theory can handle such…
This paper presents a comprehensive literature review on applications of economic and pricing models for resource management in cloud networking. To achieve sustainable profit advantage, cost reduction, and flexibility in provisioning of…
We present a practical, market-based solution to the resource provisioning problem in a set of heterogeneous resource clusters. We focus on provisioning rather than immediate scheduling decisions to allow users to change long-term job…
In this paper, we design and develop a pricing model applicable to strategy proof pricing. To provide an economic stability towards its consumers. The economic model we use is Vickrey-Clarke-Groves (VCG). By this each service provider has…
Cloud computing has penetrated the Information Technology industry deep enough to influence major companies to adopt it into their mainstream business. A strong thrust on the use of virtualization technology to realize…
With the rapidly growing demand for the cloud services, a need for efficient methods to trade computing resources increases. Commonly used fixed-price model is not always the best approach for trading cloud resources, because of its…
Cloud computing as a potential paradigm offers tremendous advantages to enterprises. With the cloud computing, the market's entrance time is reduced, computing capabilities is augmented and computing power is really limitless. Usually, to…
Cloud computing refers to a paradigm shift to overall IT solutions while raising the accessibility, scalability and effectiveness through its enabling technologies. However, migrated cloud platforms and services cost benefits as well as…
Cloud Computing means a place where we can store our valuable information of data and access the computing and networking services following the pay-as-you-go method without a physical environment. In the present day, cloud computing offers…