Economic allocation and management of resources via a virtual resource market

• US 20080244607A1
• Filed: 09/11/2007
• Published: 10/02/2008
• Est. Priority Date: 03/27/2007
• Status: Abandoned Application

• Current Assignee: Credit Suisse Securities USA LLC (Credit Suisse)
• Original Assignee: Credit Suisse Securities USA LLC (Credit Suisse)
• Inventors: Yatko, Steven W., Swan, Chris, Rysin, Vladislav
• Application Number:
  US11/900,424
• Publication Number:
  US 20080244607A1
• Time in Patent Office: Days
• US Class Current: 718/104
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions

Abstract

Allocating distributed computing resources comprises creating offers to provide the resources for use by application programs. Each offer specifies a performance characteristic and a value associated with a corresponding resource. Bids to obtain the resources for use by the application programs are created. Each bid specifies a service level required for operation of a corresponding application program and a value associated with operating the corresponding application program. Bids are matched to offers via a market exchange model by matching the service level requirement and value of each bid to the performance characteristic and value of one of the offers. Resources associated with each offer are allocated to the application program associated with a matching bid, and the application program'"'"'s operations are migrated to the allocated resources. Resources are monitored to ensure compliance with the service level requirement of each bid, and non-complying resources are replaced via the market exchange model.

Claims

1. A computer-implemented method for allocating computing resources, comprising the steps of:

creating a plurality of offers to provide a plurality of resources for use by any of a plurality of application programs, each of the offers specifying a unit of performance and a value associated with a corresponding resource;

creating a bid to obtain a unit of at least one resource for use by a specified application program, the bid specifying service level requirements required for operation of the specified application program and a value associated with operating the specified application program;

matching a particular one of the offers to the bid via a market exchange model by matching the service level requirements and value of the bid to the unit of performance and value of the particular one of the offers, thereby creating a matching offer;

allocating the resource corresponding to the matching offer to the specified application program, thereby creating an allocated resource; and

migrating operations of the specified application program to the allocated resource.

2. The method of claim 1, wherein the allocating step comprises issuing a service level agreement via which the resource corresponding to the matching offer is committed to the specified application program in exchange for payment of the value specified in the matching offer.

3. The method of claim 1, wherein the matching step comprises at least one of (a) revising at least one of the offers until the unit of performance and value specified in a revised offer matches the service level requirements and value specified in the bid, (b) revising the bid until the service level requirements and value specified in the revised bid matches the unit of performance and value specified in one of the offers, and (c) revising the bid and at least one of the offers until the service level requirements and value specified in the revised bid matches the unit of performance and value specified in a revised offer.

4. The method of claim 1, wherein the market exchange model comprises one of a commodity market model, a posted price model, a tendering/contract-net model, an auction model, a monopoly model, an oligopoly model, and a bid-based proportional resource sharing model.

5. The method of claim 1, further comprising the steps of:

determining whether the performance of the allocated resource complies with the service level requirements; and

replacing the allocated resource with a replacement resource in response to a determination that the performance of the allocated resource does not comply with the service level requirements.

6. The method of claim 5, wherein the replacing step comprises the steps of:

creating a new bid to obtain the replacement resource for use by the specified application program, the new bid specifying service level requirements required for operation of the specified application program and a value associated with operating the specified application program;

identifying the replacement resource by matching another one of the offers corresponding to the replacement resource to the new bid via the market exchange model; and

allocating the replacement resource to the specified application program.

7. The method of claim 5, wherein the determining step comprises at least one of (a) determining that the performance of the allocated resource does not comply with the service level requirements because the service level requirements specified in the bid have changed and (b) determining that the performance of the allocated resource does not comply with the service level requirements because the performance of the allocated resource exceeds the service level requirements.

8. The method of claim 1, wherein the resources comprise virtual resources.

9. A computer-readable medium having computer-executable instructions for performing the computer-implemented method of claim 1.

10. A system for allocating computing resources, comprising:

a resource broker configured to create a plurality of offers to provide a plurality of resources for use by an application program, each of the offers specifying a performance characteristics and a value associated with a corresponding resource;

a requirements module configured to create a bid to obtain at least one resource for use by a specified application program, the bid specifying service level requirements required for operation of the specified application program and a value associated with operating the specified application program; and

a market exchange configured to match at least one of the offers to the bid via a market exchange model by matching the service level requirements and value of the bid to the performance characteristics and value of respective ones of the offers, thereby identifying at least one matching offer,

wherein the resource broker is further configured to command allocation of each resource corresponding to the at least one matching offer to the specified application program, thereby creating one or more allocated resources, and

wherein the requirements broker is further configured to command migration of operations of the specified application program to the one or more allocated resources.

11. The system of claim 10, wherein the bid comprises a plurality of bids to obtain a plurality of resources for use by the specified application program.

12. The system of claim 10, wherein the market exchange is further configured to allow at least one of (a) the resource broker to revise at least one of the offers until the performance characteristics and value specified in a revised offer matches the service level requirements and value specified in the bid, (b) the requirements broker to revise the bid until the service level requirements and value specified in the revised bid matches the performance characteristics and value specified in one of the offers, and (c) the requirements broker to revise the bid and the resource broker to revise at least one of the offers until the service level requirements and value specified in the revised bid matches the performance characteristics and value specified in a revised offer.

13. The system of claim 10, wherein the market exchange is configured to identify the at least one matching offer by utilizing at least one of a commodity market model, a posted price model, a tendering/contract-net model, an auction model, a monopoly model, an oligopoly model, and a bid-based proportional resource sharing model.

14. The system of claim 10, wherein the requirements broker is further configured to determine whether the performance of the allocated resources complies with the service level requirements, and

wherein at least one of the allocated resources is replaced with a replacement resource in response to a determination that the performance of the allocated resources does not comply with the service level requirements.

15. The system of claim 14, wherein the market exchange is further configured to identify an offer corresponding to the replacement resource via the market exchange model.

16. The system of claim 14, wherein the requirements broker determines that the performance of the allocated resources does not comply with the service level requirements because the service level requirements specified in the bid have changed.

17. The system of claim 10, wherein the resources comprise virtual resources.

18. A computer-implemented method for allocating computing resources, comprising the steps of:

creating offers to provide virtual resources for use by application programs, each of the offers specifying a performance characteristic and a value associated with a corresponding resource;

creating bids to obtain resources for use by application programs, each bid specifying a service level requirement for operation of a corresponding application program and a value associated with operating the corresponding application program;

matching offers to bids via the market exchange model by matching the service level requirement and value of each of the bids to the performance characteristic and value of one of the offers, thereby creating pairs of matching offers and bids; and

allocating the resources based on the matching offers and bids.

19. The method of claim 18, wherein the matching step comprises at least one of (a) revising at least one of the offers until the performance characteristic and value specified in a revised offer matches the service level requirement and value specified in one of the bids, (b) revising at least one of the bids until the service level requirement and value specified in a revised bid matches the performance characteristic and value specified in one of the offers, and

(c) revising at least one of the bids and at least one of the offers until the service level requirements and value specified in a revised bid matches the unit of performance and value specified in a revised offer.

20. The method of claim 18, further comprising the step of migrating operations of the application programs to the allocated resources.

21. The method of claim 18, further comprising the steps of:

determining whether the performance of each of the allocated resources complies with the service level requirement specified in a corresponding one of the pairs of matching offers and bids, thereby identifying non-performing resources; and

replacing each of the non-performing resources with a replacement resource in response to a determination that the non-performing resource'"'"'s performance does not comply with the corresponding service level requirement.

22. The method of claim 18, further comprising the steps of:

identifying each of the allocated resources that generated a profit during a time period; and

determining to invest in at least one of the resources that generated a profit during the time period.

23. The method of claim 22, wherein the identifying step comprises the steps of:

monitoring revenue generated by each of the allocated resources during the time period;

identifying costs and expenses associated with each of the allocated resources; and

subtracting each resource'"'"'s costs and expenses from its generated revenue,

wherein the determining step determines that each resource having revenue greater than its costs and expenses generated a profit during the time period.

24. The method of claim 18, further comprising the steps of:

identifying each of the allocated resources that generated a loss during the time period; and

determining to divest at least one of the resources that generated a loss during the time period.

25. The method of claim 24, wherein the identifying step comprises the steps of:

monitoring revenue generated by each of the allocated resources during the time period;

identifying costs and expenses associated with each of the allocated resources; and

subtracting each resource'"'"'s costs and expenses from its generated revenue,

wherein the determining step determines that each resource having revenue less than its costs and expenses generated a loss during the time period.