Related papers: SpotLake: Diverse Spot Instance Dataset Archive Se…
Cloud vendors offer discounted spot instances to maximize surplus resource utilization, but these instances are subject to the risk of sudden interruption. Traditional pricing datasets have been employed to predict this risk, yet recent…
Infrastructure-as-a-Service providers are offering their unused resources in the form of variable-priced virtual machines (VMs), known as "spot instances", at prices significantly lower than their standard fixed-priced resources. To lease…
Cloud computing providers are now offering their unused resources for leasing in the spot market, which has been considered the first step towards a full-fledged market economy for computational resources. Spot instances are virtual…
Cloud providers sell their idle capacity on markets through an auction-like mechanism to increase their return on investment. The instances sold in this way are called spot instances. In spite that spot instances are usually 90% cheaper…
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…
In late 2009, Amazon introduced spot instances to offer their unused resources at lower cost with reduced reliability. Amazon's spot instances allow customers to bid on unused Amazon EC2 capacity and run those instances for as long as their…
Cloud computing offers a variable-cost payment scheme that allows cloud customers to specify the price they are willing to pay for renting spot instances to run their applications at much lower costs than fixed payment schemes, and…
Cloud users aim to minimize cost while maximizing performance by selecting the most suitable instance types for their workloads. To reduce expenses, spot instances have been widely adopted due to their steep discounts compared to on-demand…
Cloud computing is becoming an almost ubiquitous part of the computing landscape. For many companies today, moving their entire infrastructure and workloads to the cloud reduces complexity, time to deployment, and saves money. Spot…
Microservices architecture, known for its agility and efficiency, is an ideal framework for cloud-based software development and deployment. When integrated with containerization and orchestration systems, resource management becomes more…
Cloud spot markets rent VMs for a variable price that is typically much lower than the price of on-demand VMs, which makes them attractive for a wide range of large-scale applications. However, applications that run on spot VMs suffer from…
Cost optimization is a common goal of workflow schedulers operating in cloud computing environments. The use of spot instances is a potential means of achieving this goal, as they are offered by cloud providers at discounted prices compared…
Cloud computing delivers value to users by facilitating their access to computing capacity in periods when their need arises. An approach is to provide both on-demand and spot services on shared servers. The former allows users to access…
Recent years have witnessed an explosive growth of AI models. The high cost of hosting AI services on GPUs and their demanding service requirements, make it timely and challenging to lower service costs and guarantee service quality. While…
Public clouds increasingly expose heterogeneous hardware, but their allocation interface remains built around rigid on-demand and spot service classes. This makes it hard to satisfy time-varying tenant objectives and operator constraints in…
The increasing reliance on dynamic pricing models, such as spot instances, in public cloud environments presents new challenges for workload scheduling and reliability. While these models offer cost advantages, they introduce volatility and…
Cloud data lakes provide a modern solution for managing large volumes of data. The fundamental principle behind these systems is the separation of compute and storage layers. In this architecture, inexpensive cloud storage is utilized for…
Spot instances offer significant cost savings of up to 90% over on-demand prices, making them an attractive resource for large-scale computing workloads. However, understanding their availability dynamics is essential for building systems…
This paper presents the economic impacts of spot instance service on the cloud service providers (CSPs) and the customers when the CSPs offer it along with the on-demand instance service to the customers. We model the interaction between…
Many businesses possess a small infrastructure that they can use for their computing tasks, but also often buy extra computing resources from clouds. Cloud vendors such as Amazon EC2 offer two types of purchase options: on-demand and spot…