Envisioning SLO-driven Service Selection in Multi-cloud Applications

The current large selection of cloud instances that are functionally equivalent makes selecting the right cloud service a challenging decision. We envision a model driven engineering (MDE) approach to raise the level of abstraction for cloud service selection. One way to achieve this is through a domain specific language (DSL) for modelling the service level objectives (SLOs) and a brokerage system that utilises the SLO model to select services. However, this demands an understanding of the provider SLAs and the capabilities of the current cloud modelling languages (CMLs). This paper investigates the state-of-the-art for SLO support in both cloud providers SLAs and CMLs in order to identify the gaps for SLO support. We then outline research directions towards achieving the MDE-based cloud brokerage

Cloud Market Maker: An automated dynamic pricing marketplace for cloud users

© 2015 Elsevier B.V. Abstract Cloud providers commonly incur heavy upfront set up costs which remain almost constant whether they serve a single or many customers. In order to generate a return on this investment, a suitable pricing strategy is required by providers. Established industries such as the airlines employ dynamic pricing to maximize their revenues. In order to increase their resource utilization rates, cloud providers could also use dynamic pricing for their services. At present however most providers use static schemes for pricing their resources. This work presents a new dynamic pricing mechanism for cloud providers. Furthermore, at present no platform exists that provides a dynamic unified view of the different cloud offerings in real-time. Due to a rapidly changing landscape and a limited knowledge of the cloud marketplace, consumers can often end up choosing a cloud provider that is more expensive or does not give them what they really need. This is because some providers spend significantly on advertising their services online. In order to assist cloud customers in the selection of a suitable resource and cloud providers in implementing dynamic pricing, this work describes an automated dynamic pricing marketplace and a decision support system for cloud users. We present a multi-agent multi-auction based system through which such services are delivered. An evaluation has been carried out to determine how effectively the Cloud Market Maker selects the resource, dynamically adjusts the price for the cloud users and the suitability of dynamic pricing for the cloud environment

Optimal Selection Techniques for Cloud Service Providers

Nowadays Cloud computing permeates almost every domain in Information and Communications Technology (ICT) and, increasingly, most of the action is shifting from large, dominant players toward independent, heterogeneous, private/hybrid deployments, in line with an ever wider range of business models and stakeholders. The rapid growth in the numbers and diversity of small and medium Cloud providers is bringing new challenges in the as-a-Services space. Indeed, significant hurdles for smaller Cloud service providers in being competitive with the incumbent market leaders induce some innovative players to "federate" deployments in order to pool a larger, virtually limitless, set of resources across the federation, and stand to gain in terms of economies of scale and resource usage efficiency. Several are the challenges that need to be addressed in building and managing a federated environment, that may go under the "Security", "Interoperability", "Versatility", "Automatic Selection" and "Scalability" labels. The aim of this paper is to present a survey about the approaches and challenges belonging to the "Automatic Selection" category. This work provides a literature review of different approaches adopted in the "Automatic and Optimal Cloud Service Provider Selection", also covering "Federated and Multi-Cloud" environments

Measuring the Business Value of Cloud Computing

The importance of demonstrating the value achieved from IT investments is long established in the Computer Science (CS) and Information Systems (IS) literature. However, emerging technologies such as the ever-changing complex area of cloud computing present new challenges and opportunities for demonstrating how IT investments lead to business value. Recent reviews of extant literature highlights the need for multi-disciplinary research. This research should explore and further develops the conceptualization of value in cloud computing research. In addition, there is a need for research which investigates how IT value manifests itself across the chain of service provision and in inter-organizational scenarios. This open access book will review the state of the art from an IS, Computer Science and Accounting perspective, will introduce and discuss the main techniques for measuring business value for cloud computing in a variety of scenarios, and illustrate these with mini-case studies

Measuring the Business Value of Cloud Computing

The importance of demonstrating the value achieved from IT investments is long established in the Computer Science (CS) and Information Systems (IS) literature. However, emerging technologies such as the ever-changing complex area of cloud computing present new challenges and opportunities for demonstrating how IT investments lead to business value. Recent reviews of extant literature highlights the need for multi-disciplinary research. This research should explore and further develops the conceptualization of value in cloud computing research. In addition, there is a need for research which investigates how IT value manifests itself across the chain of service provision and in inter-organizational scenarios. This open access book will review the state of the art from an IS, Computer Science and Accounting perspective, will introduce and discuss the main techniques for measuring business value for cloud computing in a variety of scenarios, and illustrate these with mini-case studies

A service broker for Intercloud computing

This thesis aims at assisting users in finding the most suitable Cloud resources taking into account their functional and non-functional SLA requirements. A key feature of the work is a Cloud service broker acting as mediator between consumers and Clouds. The research involves the implementation and evaluation of two SLA-aware match-making algorithms by use of a simulation environment. The work investigates also the optimal deployment of Multi-Cloud workflows on Intercloud environments