{"title":"Reducing the VM Rental Cost in the Cloud Spot Market","authors":"Jianxiong Wan, Gefei Zhang, X. Gui, Ran Zhang","doi":"10.1145/2996890.3007892","DOIUrl":null,"url":null,"abstract":"In this work, we propose a bidding policy for cloud users to reduce the instance rental bill by using the spot instance. Our approach is based on the recently developed two-timescale Lyapunov Optimization framework. It is shown that our approach is effective to save the instance rental cost.","PeriodicalId":350701,"journal":{"name":"2016 IEEE/ACM 9th International Conference on Utility and Cloud Computing (UCC)","volume":"8 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2016-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"2016 IEEE/ACM 9th International Conference on Utility and Cloud Computing (UCC)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1145/2996890.3007892","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 2
Abstract
In this work, we propose a bidding policy for cloud users to reduce the instance rental bill by using the spot instance. Our approach is based on the recently developed two-timescale Lyapunov Optimization framework. It is shown that our approach is effective to save the instance rental cost.