Commercialization of computing resources will become more and more important as the transition from Grid computing in academic environments to commercial services based on concepts such as utility or Cloud computing progresses. This results in the necessity to not only base components on technical aspects, but also to include economical aspects in their design. This paper presents a framework that links technical and economical aspects to the management of computational resources. Economic enhancements like dynamic pricing and client classification are introduced based on a technical resource management environment and positioned within this resulting in a proposed architecture for an Economically Enhanced Resource Manager (EERM). The introduced approach is evaluated considering various economic design criteria and example scenarios.

Peer Reviewed