Provisioning spot market cloud resources to create cost-effective virtual clusters
ICA3PP'11 Proceedings of the 11th international conference on Algorithms and architectures for parallel processing - Volume Part I
The Aneka platform and QoS-driven resource provisioning for elastic applications on hybrid Clouds
Future Generation Computer Systems
Developing a cost-effective virtual cluster on the cloud
GECON'11 Proceedings of the 8th international conference on Economics of Grids, Clouds, Systems, and Services
Failure-aware resource provisioning for hybrid Cloud infrastructure
Journal of Parallel and Distributed Computing
Characterizing spot price dynamics in public cloud environments
Future Generation Computer Systems
Deconstructing Amazon EC2 Spot Instance Pricing
ACM Transactions on Economics and Computation
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Dedicated computing clusters are typically sized based on an expected average workload over a period of years, rather than on peak workloads, which might exist for relatively short times of weeks or months. Recent work has proposed temporarily adding capacity to dedicated clusters during peak periods, by purchasing additional resources from Infrastructure as a Service (IaaS) providers such as Amazon's EC2. In this paper, we consider the economics of purchasing such resources by taking advantage of new opportunities offered for renting virtual infrastructure such as the spot pricing model introduced by Amazon. Furthermore, we define different provisioning policies and investigate the use of spot instances compared to normal instances in terms of cost savings and total breach time of tasks in the queue.