Fine Grained Resource Reservation and Management in Grid Economics

Researchers have been actively looking at utilising new models for network based services. For enterprises and third party service providers can enable their infrastructure based on utility computing and next generation Internet technology to create dynamic virtual organisations. Small fixed and mobile, pervasive and ubiquitous devices will also benefit from networked services and computation provided by utility computing providers and the virtual organisations that lease resources from them. Additionally, we believe that it is critical that the virtual organisation and the mobile, pervasive or ubiquitous devices be able to dynamically manipulate their resource specifications when obtaining services and resources from the utility computing enabled network infrastructure. There are a number of research issues that need to be explored and overcome to achieve this potential future scenario, two of these are explored in this paper. Firstly this vision requires a simple, manipulatable, and preferably modular resource specification structure. Secondly the vision requires the provision of a resource utilisation framework that can efficiently enable resource allocation and optimise operational cost.

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