Advertisement

SORMA – Business Cases for an Open Grid Market: Concept and Implementation

  • Jens Nimis
  • Arun Anandasivam
  • Nikolay Borissov
  • Garry Smith
  • Dirk Neumann
  • Niklas Wirström
  • Erel Rosenberg
  • Matteo Villa
Part of the Lecture Notes in Computer Science book series (LNCS, volume 5206)

Abstract

Economic mechanisms enhance technological solutions by setting the right incentives to reveal information about demand and supply accurately. Market or pricing mechanisms are ones that foster information exchange and can therefore attain efficient allocation. By assigning a value (also called utility) to their service requests, users can reveal their relative urgency or costs to the service. The implementation of theoretical sound models induce further complex challenges. The EU-funded project SORMA analyzes these challenges and provides a prototype as a proof-of-concept. In this paper the approach within the SORMA-project is described on both conceptual and technical level.

Keywords

Grid Computing Market Business case 

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. 1.
    Anandasivam, A., Neumann, D.: Reputation-based pricing for grid computing in escience. In: Proceedings of the 16th European Conference on Information Systems (ECIS) (2008)Google Scholar
  2. 2.
    Anjomshoaa, A., Drescher, M., Fellows, D., Ly, A., McGough, S., Pulsipher, D., Savva, A.: Job submission description language (jsdl) specification (2005), www.gridforum.org/documents/GFD.56.pdf
  3. 3.
    Banks, T.: Web Services Resource Framework (WSRF) - Primer v1.2. Technical Report. Technical report, OASIS Open (2006)Google Scholar
  4. 4.
    Bapna, R., Das, S., Garfinkel, R., Stallaert, J.: A Market Design for Grid Computing. INFORMS Journal on Computing (2007)Google Scholar
  5. 5.
    Becker, M., Borissov, N., Deora, V., Rana, O.F., Neumann, D.: Using k-Pricing for Penalty Calculation in Grid Market. In: Hawaii International Conference on System Sciences, Proceedings of the 41st Annual (2008)Google Scholar
  6. 6.
    Blau, B., Schnizler, B.: Description languages and mechanisms for trading service objects in grid markets. In: Multikonferenz Wirtschaftsinformatik 2008, GITO-Verlag, Berlin (2008)Google Scholar
  7. 7.
    Borissov, N., Blau, B., Neumann, D.: Semi-automated provisioning and usage of configurable web services. In: Proceedings of the 16th European Conference on Information Systems (ECIS) (2008)Google Scholar
  8. 8.
    Brunner, R., Chao, I., Chacin, P., Freitag, F., Navarro, L., Ardaiz, O., Joita, L., Rana, O.F.: Assessing a Distributed Market Infrastructure for Economics-Based Service Selection?. LNCS. Springer, Heidelberg (2007)CrossRefGoogle Scholar
  9. 9.
    Buyya, R., Abramson, D., Venugopal, S.: The Grid Economy. In: Proceedings of the IEEE, pp. 698–714 (2005)Google Scholar
  10. 10.
    de Bruijn, J.: The Web Service Modeling Language (WSML) (2005), http://www.wsmo.org/wsml/
  11. 11.
    Distributed Management Task Force. Common Information Model (CIM) Specification (2007), http://www.dmtf.org/standards/cim/
  12. 12.
    Grosu, D., Das, A.: Auctioning resources in grids: model and protocols: Research articles. Concurrency and Computation: Practice & Experience 18(15), 1909–1927 (2006)CrossRefGoogle Scholar
  13. 13.
    Irwin, D.E., Grit, L.E., Chase, J.S.: Balancing Risk and Reward in a Market-Based Task Service. In: Proceedings of the 13th IEEE International Symposium on High Performance Distributed Computing, vol. 4(06), pp. 160–169 (2004)Google Scholar
  14. 14.
    Lai, K.: Markets are dead, long live markets. SIGecom Exch. 5(4), 1–10 (2005)CrossRefGoogle Scholar
  15. 15.
    Lai, K., Rasmusson, L., Adar, E., Zhang, L., Huberman, B.A.: Tycoon: An implementation of a distributed, market-based resource allocation system. Multiagent Grid Syst. 1(3), 169–182 (2005)CrossRefzbMATHGoogle Scholar
  16. 16.
    Li, J., Yahyapour, R.: Learning-Based Negotiation Strategies for Grid Scheduling. In: Proceedings of the International Symposium on Cluster Computing and the Grid (CCGRID 2006), pp. 576–583 (2006)Google Scholar
  17. 17.
    Macias, M., Smith, G., Rana, O.F., Guitart, J., Torres, J.: Enforcing Service Level Agreements using an Economically Enhanced Resource Manager. In: Workshop on Economic Models and Algorithms for Grid Systems (EMAGS 2007), Texas, USA (2007)Google Scholar
  18. 18.
    Neumann, D., Stoesser, J., Weinhardt, C.: Bridging the Adoption Gap–Developing a Roadmap for Trading in Grids. Electronic Markets 18(1), 65–74 (2008)CrossRefGoogle Scholar
  19. 19.
    Novotny, J., Russell, M., Wehrens, O.: Gridsphere: An advanced portal framework. Euromicro, 412–419 (2004)Google Scholar
  20. 20.
    Phelps, S.: Evolutionary mechanism design, ph.d. thesis. Technical report, University of Liverpool, Department of Computer Science (2007)Google Scholar
  21. 21.
    Puschel, T., Borissov, N., Macias, M., Neumann, D., Guitart, J., Torres, J.: Economically Enhanced Resource Management for Internet Service Utilities. In: Benatallah, B., Casati, F., Georgakopoulos, D., Bartolini, C., Sadiq, W., Godart, C. (eds.) WISE 2007. LNCS, vol. 4831, pp. 335–348. Springer, Heidelberg (2007)CrossRefGoogle Scholar
  22. 22.
    Reeves, D.M., Wellman, M.P., MacKie-Mason, J.K., Osepayshvili, A.: Exploring bidding strategies for market-based scheduling. Decis. Support Syst. 39(1), 67–85 (2005)CrossRefGoogle Scholar
  23. 23.
    Sanghavi, S., Hajek, B.: Optimal allocation of a divisible good to strategic buyers. In: 43rd IEEE Conference on Decision and Control-CDC (2004)Google Scholar
  24. 24.
    Schnizler, B., Neumann, D., Veit, D., Weinhardt, C.: Trading grid services–a multi-attribute combinatorial approach. European Journal of Operational Research 187(3), 943–961 (2008)CrossRefzbMATHGoogle Scholar
  25. 25.
    Stoesser, J., Neumann, D., Anandasivam, A.: A truthful heuristic for efficient scheduling in network-centric grid os. In: Proceedings of the 15th European Conference on Information Systems (ECIS) (2007)Google Scholar
  26. 26.
    Stosser, J., Bodenbenner, P., See, S., Neumann, D.: A Discriminatory Pay-as-Bid Mechanism for Efficient Scheduling in the Sun N1 Grid Engine. In: Hawaii International Conference on System Sciences, Proceedings of the 41st Annual, pages 382 (2008)Google Scholar
  27. 27.
    The OWL Services Coalition. OWL-S: Semantic Markup for Web Services (2003), http://www.daml.org/services/owl-s/1.0/owl-s.html

Copyright information

© Springer-Verlag Berlin Heidelberg 2008

Authors and Affiliations

  • Jens Nimis
    • 1
  • Arun Anandasivam
    • 2
  • Nikolay Borissov
    • 2
  • Garry Smith
    • 3
  • Dirk Neumann
    • 4
  • Niklas Wirström
    • 5
  • Erel Rosenberg
    • 6
  • Matteo Villa
    • 7
  1. 1.FZI Forschungszentrum Informatik KarlsruheGermany
  2. 2.Institute of Information Systems and Management (IISM)University of KarlsruheGermany
  3. 3.School of Systems EngineeringUniversity of ReadingUK
  4. 4.Department of Information SystemsUniversity of FreiburgGermany
  5. 5.Swedish Institute of Computer ScienceSweden
  6. 6.Correlation Systems Ltd.Israel
  7. 7.TXT e-SolutionsItaly

Personalised recommendations