Revenue Management for Cloud Providers--A Policy-Based Approach under Stochastic Demand

  title={Revenue Management for Cloud Providers--A Policy-Based Approach under Stochastic Demand},
  author={Tim P{\"u}schel and Fabian Putzke and Dirk Neumann},
  journal={2012 45th Hawaii International Conference on System Sciences},
Competition on global markets forces enterprises to make use of new applications, reduce process times and cut the costs of their IT-infrastructure. To achieve this commercial users harness the benefits of Cloud computing as they can outsource data storage and computation facilities, while saving on the overall cost of IT ownership. Cloud services can be accessed on demand at any time in a pay-as-you-go manner. However, it is this flexibility of customers that results in great challenges for… CONTINUE READING
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