Title
Modeling the use of spot instances for cost reduction in cloud computing adoption using a Petri net framework
Abstract
An effective decision-making about using Infrastructure as a Service (IaaS) resources in cloud computing projects is still a challenge to managers. We need to optimize resources use in cloud services, to obtain financial success in cloud projects. In this work, we propose a Petri net framework to model possible cost savings using public clouds spot instances pricing scheme. The results from initial simulations indicate that spot instances can be a very interesting option for savings in autoscaling process.
Year
DOI
Venue
2015
10.1109/INM.2015.7140507
Integrated Network Management
Keywords
Field
DocType
Petri nets,cloud computing,cost reduction,pricing,IaaS,Petri net framework,autoscaling process,cloud computing adoption,cloud computing projects,cost reduction,cost savings,decision-making,financial success,infrastructure as a service resources,public clouds spot instances pricing scheme,BDIM,Cloud computing,Petri nets,Spot Instances
Petri net,Computer science,Server,Cloud computing security,Utility computing,Autoscaling,Cloud testing,Cost reduction,Cloud computing,Distributed computing
Conference
Citations 
PageRank 
References 
2
0.35
5
Authors
6
Name
Order
Citations
PageRank
Maristella Ribas181.15
Furtado, C.G.220.35
Giovanni Cordeiro Barroso3116.31
Alberto S. Lima4184.13
José Neuman de Souza549364.45
Antão Moura618219.25