Abstract
Pricing cloud resources plays an important role in leading to the success of cloud computing. Cloud services are priced at different levels in infrastructure-as-a-service (IaaS) cloud market. For example, Amazon EC2 offers its cloud resources with three pricing schemes, the subscription model, pay-as-you-go model and spot pricing model. With more and more IaaS cloud service providers (CSPs) beginning to provide cloud services, they form a competitive market to compete for cloud users. Therefore, how to set optimal prices in order to maximize their revenue in a competitive IaaS cloud computing market while at the same time meeting the cloud users' demand satisfaction is a problem that CSPs should consider. Towards this end, in this paper, we study subscription pricing competition in a duopoly IaaS cloud computing market. First, we analyze whether or not the cloud users choose to use cloud service. Then, we present a game theoretic analysis of a cloud market with two CSPs competing non-cooperatively for cloud users.
| Original language | English |
|---|---|
| Title of host publication | APNOMS 2014 - 16th Asia-Pacific Network Operations and Management Symposium |
| Publisher | Institute of Electrical and Electronics Engineers Inc. |
| ISBN (Print) | 9784885522888 |
| DOIs | |
| Publication status | Published - 2014 Dec 23 |
| Event | 16th Asia-Pacific Network Operations and Management Symposium, APNOMS 2014 - Hsinchu, Taiwan, Province of China Duration: 2014 Sep 17 → 2014 Sep 19 |
Other
| Other | 16th Asia-Pacific Network Operations and Management Symposium, APNOMS 2014 |
|---|---|
| Country | Taiwan, Province of China |
| City | Hsinchu |
| Period | 14/9/17 → 14/9/19 |
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Keywords
- Cloud computing
- Cloud service provider
- IaaS
ASJC Scopus subject areas
- Management Science and Operations Research
- Computer Networks and Communications
- Information Systems and Management
Cite this
Price competition in a duopoly IaaS cloud market. / Li, Xianwei; Gu, Bo; Zhang, Cheng; Yamori, Kyoko; Tanaka, Yoshiaki.
APNOMS 2014 - 16th Asia-Pacific Network Operations and Management Symposium. Institute of Electrical and Electronics Engineers Inc., 2014. 6996552.Research output: Chapter in Book/Report/Conference proceeding › Conference contribution
}
TY - GEN
T1 - Price competition in a duopoly IaaS cloud market
AU - Li, Xianwei
AU - Gu, Bo
AU - Zhang, Cheng
AU - Yamori, Kyoko
AU - Tanaka, Yoshiaki
PY - 2014/12/23
Y1 - 2014/12/23
N2 - Pricing cloud resources plays an important role in leading to the success of cloud computing. Cloud services are priced at different levels in infrastructure-as-a-service (IaaS) cloud market. For example, Amazon EC2 offers its cloud resources with three pricing schemes, the subscription model, pay-as-you-go model and spot pricing model. With more and more IaaS cloud service providers (CSPs) beginning to provide cloud services, they form a competitive market to compete for cloud users. Therefore, how to set optimal prices in order to maximize their revenue in a competitive IaaS cloud computing market while at the same time meeting the cloud users' demand satisfaction is a problem that CSPs should consider. Towards this end, in this paper, we study subscription pricing competition in a duopoly IaaS cloud computing market. First, we analyze whether or not the cloud users choose to use cloud service. Then, we present a game theoretic analysis of a cloud market with two CSPs competing non-cooperatively for cloud users.
AB - Pricing cloud resources plays an important role in leading to the success of cloud computing. Cloud services are priced at different levels in infrastructure-as-a-service (IaaS) cloud market. For example, Amazon EC2 offers its cloud resources with three pricing schemes, the subscription model, pay-as-you-go model and spot pricing model. With more and more IaaS cloud service providers (CSPs) beginning to provide cloud services, they form a competitive market to compete for cloud users. Therefore, how to set optimal prices in order to maximize their revenue in a competitive IaaS cloud computing market while at the same time meeting the cloud users' demand satisfaction is a problem that CSPs should consider. Towards this end, in this paper, we study subscription pricing competition in a duopoly IaaS cloud computing market. First, we analyze whether or not the cloud users choose to use cloud service. Then, we present a game theoretic analysis of a cloud market with two CSPs competing non-cooperatively for cloud users.
KW - Cloud computing
KW - Cloud service provider
KW - IaaS
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UR - http://www.scopus.com/inward/citedby.url?scp=84941032790&partnerID=8YFLogxK
U2 - 10.1109/APNOMS.2014.6996552
DO - 10.1109/APNOMS.2014.6996552
M3 - Conference contribution
SN - 9784885522888
BT - APNOMS 2014 - 16th Asia-Pacific Network Operations and Management Symposium
PB - Institute of Electrical and Electronics Engineers Inc.
ER -