Market-oriented grid and utility computing

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The first single-source reference covering the state of the art in grid and utility computing economy research

This book presents the first integrated, single-source reference on market-oriented grid and utility computing. Divided into four main parts—and with contributions from a panel of experts in the field—it systematically and carefully explores:

  • Foundations —presents the fundamental concepts of market-oriented computing and the issues and challenges in allocating resources in a decentralized computing environment.

  • Business models —covers business models for service providers and brokers supporting different types of distributed applications, as well as business rules-based models for managing virtual organizations and accounting operations and services in grid computing environments.

  • Policies and agreements —introduces policies, agreements, and specifications for the negotiation and establishment of contracts between providers and consumers. It also covers different approaches for resource allocation based on service-level agreements (SLAs) and management of risks associated with SLA violations.

  • Resource allocation and scheduling mechanisms —covers economic models, such as commodity models, reciprocation, auctions, and game theory, and middleware technologies, such as Nimrod/G and Gridbus, for market-oriented grid computing and utility-oriented resource allocation.

This book expertly captures the state of the art in the field while also identifying potential research directions and technologies that will facilitate the creation of global commercial grid and utility computing systems. It is an indispensable reference for systems architects, practitioners, developers, new researchers, and graduate students.

Author(s): Rajkumar Buyya, Kris Bubendorfer
Series: Wiley series on parallel and distributed computing
Publisher: John Wiley & Sons
Year: 2010

Language: English
Pages: 673
City: Hoboken, N.J

MARKET-ORIENTED GRID AND UTILITY COMPUTING......Page 5
CONTENTS......Page 7
CONTRIBUTORS......Page 11
PREFACE......Page 17
ACKNOWLEDGMENTS......Page 19
ACRONYMS......Page 21
PART I FOUNDATIONS......Page 27
1 Market-Oriented Computing and Global Grids: An Introduction......Page 29
2 Markets, Mechanisms, Games, and Their Implications in Grids......Page 55
3 Ownership and Decentralization Issues in Resource Allocation Mechanisms......Page 75
4 Utility Functions, Prices, and Negotiation......Page 93
5 Options and Commodity Markets for Computing Resources......Page 115
PART II BUSINESS MODELS......Page 147
6 Grid Business Models, Evaluation, and Principles......Page 149
7 Grid Business Models for Brokers Executing SLA-Based Workflows......Page 173
8 A Business-Rules-Based Model to Manage Virtual Organizations in Collaborative Grid Environments......Page 193
9 Accounting as a Requirement for Market-Oriented Grid Computing......Page 213
PART III POLICIES AND AGREEMENTS......Page 239
10 Service-Level Agreements (SLAs) in the Grid Environment......Page 241
11 SLAs, Negotiation, and Challenges......Page 263
12 SLA-Based Resource Management and Allocation......Page 287
13 Market-Based Resource Allocation for Differentiated Quality Service Levels......Page 311
14 Specification, Planning, and Execution of QoS-Aware Grid Workflows......Page 335
15 Risk Management In Grids......Page 361
PART IV RESOURCE ALLOCATION AND SCHEDULING MECHANISMS......Page 381
16 A Reciprocation-Based Economy for Multiple Services in a Computational Grid......Page 383
17 The Nimrod/G Grid Resource Broker for Economics-Based Scheduling......Page 397
18 Techniques for Providing Hard Quality-of-Service Guarantees in Job Scheduling......Page 429
19 Deadline Budget-Based Scheduling of Workflows on Utility Grids......Page 453
20 Game-Theoretic Scheduling of Grid Computations......Page 477
21 Cooperative Game-Theory-Based Cost Optimization for Scientific Workflows......Page 501
22 Auction-Based Resource Allocation......Page 521
23 Two Auction-Based Resource Allocation Environments: Design and Experience......Page 539
24 Trust in Grid Resource Auctions......Page 567
25 Using Secure Auctions to Build a Distributed Metascheduler for the Grid......Page 595
26 The Gridbus Middleware for Market-Oriented Computing......Page 615
INDEX......Page 649