Provisioning Spot Market Cloud Resources to Create Cost-effective Virtual Clusters

@inproceedings{Voorsluys2011ProvisioningSM,
  title={Provisioning Spot Market Cloud Resources to Create Cost-effective Virtual Clusters},
  author={William Voorsluys and Saurabh Kumar Garg and Rajkumar Buyya},
  booktitle={ICA3PP},
  year={2011}
}
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 spot instances, users specify a maximum price they are willing to pay per hour and VMs will run only when the current price is lower than the user’s bid. This paper proposes a resource allocation policy that addresses the problem of running deadlineconstrained… CONTINUE READING
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