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Electronics 2016, 5(4), 65; doi:10.3390/electronics5040065

Energy Aware Pricing in a Three-Tiered Cloud Service Market

1
Singapore Institute of Manufacturing Technology, Singapore 138634, Singapore
2
School of Electrical and Electronic Engineering, Nanyang Technological University, Singapore 639798, Singapore
3
Department of Electrical Engineering, Indian Institute of Technology, Guwahati 781039, India
*
Author to whom correspondence should be addressed.
Academic Editor: Wolfgang Bein
Received: 30 July 2016 / Revised: 8 September 2016 / Accepted: 12 September 2016 / Published: 28 September 2016
(This article belongs to the Special Issue Energy Saving in Data Centers)
View Full-Text   |   Download PDF [4646 KB, uploaded 28 September 2016]   |  

Abstract

We consider a three-tiered cloud service market and propose an energy efficient pricing strategy in this market. Here, the end customers are served by the Software-as-a-Service (SaaS) providers, who implement customized services for their customers. To host these services, these SaaS providers, in turn, lease the infrastructure related resources from the Infrastructure-as-a-Service (IaaS) or Platform-as-a-Service (PaaS) providers. In this paper, we propose and evaluate a mechanism for pricing between SaaS providers and Iaas/PaaS providers and between SaaS providers and the end customers. The pricing scheme is designed in a way such that the integration of renewable energy is promoted, which is a very crucial aspect of energy efficiency. Thereafter, we propose a technique to strategically provide an improved Quality of Service (QoS) by deploying more resources than what is computed by the optimization procedure. This technique is based on the square root staffing law in queueing theory. We carry out numerical evaluations with real data traces on electricity price, renewable energy generation, workload, etc., in order to emulate the real dynamics of the cloud service market. We demonstrate that, under practical assumptions, the proposed technique can generate more profit for the service providers operating in the cloud service market. View Full-Text
Keywords: cloud computing; energy efficiency; pricing; data centers cloud computing; energy efficiency; pricing; data centers
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This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

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Paul, D.; Zhong, W.-D.; Bose, S.K. Energy Aware Pricing in a Three-Tiered Cloud Service Market. Electronics 2016, 5, 65.

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