Spot Pricing and Revenue Maximization Using Dynamic Cloud Pricing

SUSHMA DODDAMETI

Abstract: We are using Cloud computing for leases and computing resources using virtual machines and price is varied for the period. The fundamental challenge is to design dynamic cloud pricing policy using stochastic demand and recourses demand and perishable resources. The spot price is use to set a price according to market demand. It is important implications on spot market and motivates us to develop and controlled by economic forces using dynamic pricing mechanisms, In this we are going to introduce dynamic cloud pricing using virtual machines, this paper consists some algorithm to implement dynamic cloud pricing and main aim of paper is spot marketing and maximize the revenue using dynamic pricing, in this user pay for the instances and cloud provider provide the services how much user pay and he can also demand the orders.

Keywords: Introduction, Objective and motivation, System architecture, Module description, related work. 

Title: Spot Pricing and Revenue Maximization Using Dynamic Cloud Pricing

Author: SUSHMA DODDAMETI

International Journal of Computer Science and Information Technology Research

ISSN 2348-1196 (print), ISSN 2348-120X (online)

Research Publish Journals

Vol. 3, Issue 2, April 2015 - June 2015

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Spot Pricing and Revenue Maximization Using Dynamic Cloud Pricing by SUSHMA DODDAMETI