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Grid Business Models for Brokers Executing SLA-Based Workflows

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Author Info

  • Dang Minh Quan

    ()

  • Jorn Altmann

    ()
    (Technology Management, Economics, and Policy Program (TEMEP), Seoul National University)

Abstract

In the Grid Computing environment, many users need the results of their calculations within a specific period of time. Those users are willing to pay for getting their work completed on time. However, this requirement must be agreed on in a Service Level Agreement (SLA) by both, the user and the Grid provider, before the application is executed. In order to finish the workflow on time, sub-jobs of the workflow must be distributed to Grid resources. To free users from assigning sub-jobs of the workflow, it is necessary to have a SLA workflow broker. We introduce a set of business models that are based on incentive structure for users to consume the HPCC services, and for brokers to perform efficiently. The business model also leads to several economic issues. In particular, there is asymmetric information regarding the execution environment. The asymmetric information may have negative effect on the business relation between the broker and the user. We will analyze this effect. We also propose some possible solutions for the asymmetric information issue. They include the pricing/fining policy of the broker and the negotiation strategy between users and brokers.

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File URL: ftp://147.46.237.98/DP-46.pdf
File Function: First version, 2010
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Bibliographic Info

Paper provided by Seoul National University; Technology Management, Economics, and Policy Program (TEMEP) in its series TEMEP Discussion Papers with number 201046.

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Length: 23 pages
Date of creation: Jan 2010
Date of revision: Jan 2010
Publication status: Published in Rajkumar Buyya, Kris Bubendorfer, “Market-Oriented Grid and Utility Computing,?Wiley, New York, USA, August 2009
Handle: RePEc:snv:dp2009:201046

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Related research

Keywords: Service Level Agreements (SLA); Business Model; Workflow Management; Resource Allocation; Optimization; Information Asymmetry; Negotiation;

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Cited by:
  1. Jorn Altmann & Matthias Hovestadt & Odej Kao, 2011. "Business Support Service Platform for Providers in Open Cloud Computing Markets," TEMEP Discussion Papers, Seoul National University; Technology Management, Economics, and Policy Program (TEMEP) 201179, Seoul National University; Technology Management, Economics, and Policy Program (TEMEP), revised Sep 2011.

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