text: Abstract 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 infrastructure utilization. Traditionally, batch systems have allowed data centers to fill their resources as much as possible by using backfilling and similar techniques. However, in an IaaS cloud, where virtual machines are supposed to live indefinitely, or at least as long as the user is able to pay for them, these policies are not easily implementable. In this work we present a new scheduling algorithm for IaaS providers that is able to support preemptible instances, that can be stopped by higher priority requests without introducing large modifications in the current cloud schedulers. This scheduler enables the implementation of new cloud usage and payment models that allow more efficient usage of the resources and potential new revenue sources for commercial providers. We also study the correctness and the performance overhead of the proposed scheduler against existing solutions.
  @cite_24: Designing dynamic pricing mechanisms that efficiently price resources in line with a provider's profit maximization goal is a key challenge in cloud computing environments. Despite the large volume of research published on this topic, there is no publicly available software system implementing dynamic pricing for Infrastructure as a Service cloud spot markets. This paper presents the implementation of a framework called Spot instance pricing as a Service SipaaS that supports an auction mechanism to price and allocate virtual machine instances. SipaaS is an open-source project offering a set of web services to price and sell virtual machine instances in a spot market resembling the Amazon EC2 spot instances. Cloud providers, who aim at utilizing SipaaS, should install add-ons in their existing platform to make use of the framework. As an instance, we provide an extension to the Horizon - the OpenStack dashboard project - to employ SipaaS web services and to add a spot market environment to OpenStack. To validate and evaluate the system, we conducted an experimental study with a group of 10 users utilizing the provided spot market in a real environment. Results show that the system performs reliably in a practical test environment. Copyright © 2015 John Wiley & Sons, Ltd.
  @cite_5: Dynamic forms of resource pricing have recently been introduced by cloud providers that offer Infrastructure as a Service (IaaS) capabilities in order to maximize profits and balance resource supply and demand. The design of a mechanism that efficiently prices perishable cloud resources in line with a provider’s profit maximization goal remains an open research challenge, however. In this article, we propose the Online Extended Consensus Revenue Estimate mechanism in the setting of a recurrent, multiunit and single price auction for IaaS cloud resources. The mechanism is envy-free, has a high probability of being truthful, and generates a near optimal profit for the provider. We combine the proposed auction design with a scheme for dynamically calculating reserve prices based on data center Power Usage Effectiveness (PUE) and electricity costs. Our simulation-based evaluation of the mechanism demonstrates its effectiveness under a broad variety of market conditions. In particular, we show how it improves on the classical uniform price auction, and we investigate the value of prior knowledge on the execution time of virtual machines for maximizing profit. We also developed a system prototype and conducted a small-scale experimental study with a group of 10 users that confirms the truthfulness property of the mechanism in a real test environment.
summary: Nadjaran have developed a Spot Instances as a Service (SIPaaS) framework, a set of web services that makes possible to run a Spot market on top of an OpenStack cloud @cite_24 . However, even if this framework aims to deliver preemptible instances on OpenStack cloud, it is designed to utilize normal resources to provide this functionality. SIPaaS utilizes normal resources to create the Spot market that is provided to the users by means of a thin layer on top of a given OpenStack, providing a different API to interact with the resources. From the CMF point of view, all resources are of the same type, being SIPaaS the responsible of handling them, in different ways. In contrast, our work leverages two different kind of instances at the CMF level, performing different scheduling strategies depending on which kind of resource it is being requested. SIPaaS also delivers a price market similar to the Amazon EC2 Spot Instances market, therefore they also provide the Ex-CORE auction algorithm @cite_5 in order to govern the price fluctuations.