Agent-based pricing determination for cloud services in multi-tenant environment

Cloud computing acts as a resource sharing pool that provides services to multiple customers, which are called tenants through the Internet. One of the big challenges in cloud is providing a price for leasing the services while adapting with budget limit of the tenants. In order to meet the rapidly...

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Main Authors: Hussin, Masnida, Abdullah, Azizol, Latip, Rohaya
Format: Article
Language:English
Published: International Academy Publishing 2014
Online Access:http://psasir.upm.edu.my/id/eprint/36347/
http://psasir.upm.edu.my/id/eprint/36347/1/Agent.pdf
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author Hussin, Masnida
Abdullah, Azizol
Latip, Rohaya
author_facet Hussin, Masnida
Abdullah, Azizol
Latip, Rohaya
author_sort Hussin, Masnida
building UPM Institutional Repository
collection Online Access
description Cloud computing acts as a resource sharing pool that provides services to multiple customers, which are called tenants through the Internet. One of the big challenges in cloud is providing a price for leasing the services while adapting with budget limit of the tenants. In order to meet the rapidly growing and dynamic demands of tenants, this paper proposes a pricing determination scheme for cloud services using mathematical analysis. It aims to balance satisfaction between tenants and service provider in terms of budget and profit. Specifically, our pricing determination procedure aggregated the budget constraint of tenants and service cost to calculate the potential price of service. Service level agreement (SLA) is handled by an agent for determining minimum and maximum prices that represent in a range. Hence, the service cost that charged by the provider is identified within the price range in order to meet tenants’ requests. The results from our simulation demonstrate that the proposed pricing determination scheme provides better tenant satisfaction while sustaining provider profitability.
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spelling upm-363472015-09-10T03:35:49Z http://psasir.upm.edu.my/id/eprint/36347/ Agent-based pricing determination for cloud services in multi-tenant environment Hussin, Masnida Abdullah, Azizol Latip, Rohaya Cloud computing acts as a resource sharing pool that provides services to multiple customers, which are called tenants through the Internet. One of the big challenges in cloud is providing a price for leasing the services while adapting with budget limit of the tenants. In order to meet the rapidly growing and dynamic demands of tenants, this paper proposes a pricing determination scheme for cloud services using mathematical analysis. It aims to balance satisfaction between tenants and service provider in terms of budget and profit. Specifically, our pricing determination procedure aggregated the budget constraint of tenants and service cost to calculate the potential price of service. Service level agreement (SLA) is handled by an agent for determining minimum and maximum prices that represent in a range. Hence, the service cost that charged by the provider is identified within the price range in order to meet tenants’ requests. The results from our simulation demonstrate that the proposed pricing determination scheme provides better tenant satisfaction while sustaining provider profitability. International Academy Publishing 2014-11 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/36347/1/Agent.pdf Hussin, Masnida and Abdullah, Azizol and Latip, Rohaya (2014) Agent-based pricing determination for cloud services in multi-tenant environment. International Journal of Computer and Communication Engineering, 3 (6). pp. 454-459. ISSN 2010-3743 http://www.ijcce.org/index.php?m=content&c=index&a=show&catid=44&id=436 10.7763/IJCCE.2014.V3.368
spellingShingle Hussin, Masnida
Abdullah, Azizol
Latip, Rohaya
Agent-based pricing determination for cloud services in multi-tenant environment
title Agent-based pricing determination for cloud services in multi-tenant environment
title_full Agent-based pricing determination for cloud services in multi-tenant environment
title_fullStr Agent-based pricing determination for cloud services in multi-tenant environment
title_full_unstemmed Agent-based pricing determination for cloud services in multi-tenant environment
title_short Agent-based pricing determination for cloud services in multi-tenant environment
title_sort agent-based pricing determination for cloud services in multi-tenant environment
url http://psasir.upm.edu.my/id/eprint/36347/
http://psasir.upm.edu.my/id/eprint/36347/
http://psasir.upm.edu.my/id/eprint/36347/
http://psasir.upm.edu.my/id/eprint/36347/1/Agent.pdf