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arXiv · 2103.07133

A Risk-taking Broker Model to Optimise User Requests placement on On-demand and Contract VMs

Chalee Boonprasop·Yuhui Lin·Adam Barker
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Abstract

Cloud providers offer end-users various pricing schemes to allow them to tailor VMs to their needs, e.g., a pay-as-you-go billing scheme, called \textit{on-demand}, and a discounted contract scheme, called \textit{reserved instances}. This paper presents a cloud broker which offers users both the flexibility of on-demand instances and some level of discounts found in reserved instances. The broker employs a buy-low-and-sell-high strategy that places user requests into a resource pool of pre-purchased discounted cloud resources. By analysing user request time-series data, the broker takes a risk-oriented approach to dynamically adjust the resource pool. This approach does not require a training process which is useful at processing the large data stream. The broker is evaluated with high-frequency real cloud datasets from Alibaba. The results show that the overall profit of the broker is close to the theoretical optimal scenario where user requests can be perfectly predicted.

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Chalee Boonprasop, Yuhui Lin, Adam Barker. 2021-03-12. A Risk-taking Broker Model to Optimise User Requests placement on On-demand and Contract VMs. https://arxiv.org/abs/2103.07133

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