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Current reserve procurement approaches ignore the stochastic nature of reserve asset availability itself and thus limit the type and volume of reserve offers. This paper develops a reliability-aware probabilistic approach that allows…
This paper discusses the revenue management (RM) problem to maximize revenue by pricing items or services. One challenge in this problem is that the demand distribution is unknown and varies over time in real applications such as airline…
LLM inference is essential for applications like text summarization, translation, and data analysis, but the high cost of GPU instances from Cloud Service Providers (CSPs) like AWS is a major burden. This paper proposes InferSave, a…
Ridesourcing platforms recently introduced the ``schedule a ride'' service where passengers may reserve (book-ahead) a ride in advance of their trip. Reservations give platforms precise information that describes the start time and location…
Spot instances are virtual machines offered at 60-90% lower cost that can be reclaimed at any time, with only a short warning period. Spot instances have already been used to significantly reduce the cost of processing workloads in the…
Digital platforms use recommendations to facilitate exchanges between platform actors, such as trade between buyers and sellers. Aiming to protect consumers and guarantee fair competition on platforms, legislators increasingly require that…
Demand dispatch is the science of extracting virtual energy storage through the automatic control of deferrable loads to provide balancing or regulation services to the grid, while maintaining consumer-end quality of service (QoS). The…
Maximizing resource utilization by performing an efficient resource provisioning is a key factor for any cloud provider: commercial actors can maximize their revenues, whereas scientific and non-commercial providers can maximize their…
In the past few years, we have envisioned an increasing number of businesses start driving by big data analytics, such as Amazon recommendations and Google Advertisements. At the back-end side, the businesses are powered by big data…
Cloud services have grown rapidly in recent years, which provide high flexibility for cloud users to fulfill their computing requirements on demand. To wisely allocate computing resources in the cloud, it is inevitably important for cloud…
Cloud computing revolutionised the industry with its elastic, on-demand approach to computational resources, but has lead to a tremendous impact on the environment. Data centers constitute 1.1-1.5% of total electricity usage in the world.…
We consider the setting where a service is hosted on a third-party edge server deployed close to the users and a cloud server at a greater distance from the users. Due to the proximity of the edge servers to the users, requests can be…
Recent measurement studies show that there are massively distributed hosting and computing infrastructures deployed in the Internet. Such infrastructures include large data centers and organizations' computing clusters. When idle, these…
The problem of pricing utility-scale energy storage resources (ESRs) in the real-time electricity market is considered. Under a rolling-window dispatch model where the operator centrally dispatches generation and consumption under…
Compute in-memory (CIM) is a promising technique that minimizes data transport, the primary performance bottleneck and energy cost of most data intensive applications. This has found wide-spread adoption in accelerating neural networks for…
Distributed sensor networks such as IoT deployments generate large quantities of measurement data. Often, the analytics that runs on this data is available as a web service which can be purchased for a fee. A major concern in the analytics…
Deploying applications across the computing continuum requires selecting infrastructure nodes from geographically distributed and heterogeneous environments while satisfying constraints (e.g., performance, location). This decision problem…
This paper is split in three parts: first we use labelled trade data to exhibit how market participants accept or not transactions via limit orders as a function of liquidity imbalance; then we develop a theoretical stochastic control…
Due to the presence of reporting and settlement delay, claim data sets collected by non-life insurance companies are typically incomplete, facing right censored claim count and claim severity observations. Current practice in non-life…
With the rapid expansion of cloud computing applications, optimizing resource allocation has become crucial for improving system performance and cost efficiency. This paper proposes an intelligent resource allocation algorithm that…