Market Oriented Cloud Computing (Mocc) As customers rely on Cloud providers to cover all of their computing needs, they will expect certain Qe from their providers to fulfill their objectives and continue their operations. Cloud providers must examine and satisfy the various QoS standards of each unique consumer as stipulated in unique SLAs. To do this, cloud providers cannot continue to install traditional system-centric resource management architectures that do not give incentives for them to share their resources while still treating all service requests as equal insignificance. Instead, market-oriented resource management is required to maintain the supply and demand for Cloud resources at market equilibrium, provide feedback in the form of economic incentives for both Cloud consumers and providers, and promote QoS-based resource allocation mechanisms that differentiate service requests based on their utility. The diagram depicts a high-level architecture for enabling market-...
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