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
N1 - Publisher Copyright:
© 2014 IEEE.
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
UR - http://www.scopus.com/inward/record.url?scp=84941032790&partnerID=8YFLogxK
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
AN - SCOPUS:84941032790
T3 - APNOMS 2014 - 16th Asia-Pacific Network Operations and Management Symposium
BT - APNOMS 2014 - 16th Asia-Pacific Network Operations and Management Symposium
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 16th Asia-Pacific Network Operations and Management Symposium, APNOMS 2014
Y2 - 17 September 2014 through 19 September 2014
ER -