System and method for optimizing the selection of cloud services based on price and performance
US9508095B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 11, 2014 |
| Grant date | Nov 29, 2016 |
| Priority date | — |
| Expiry date | Jul 20, 2034 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L67/63
- WIPO fieldDigital communication
- WIPO sectorElectrical engineering
Abstract
A system and method is provided for generating and using purchase strategies based on the price, performance, and/or other information related to cloud services to optimize the selection of such services. The purchase strategies may comprehensively describe various cloud services in real-time so that customers may purchase cloud services using up-to-date, real-time information. The purchase strategies may, for example, describe pricing, performance, availability, and/or other attributes of various cloud services. A purchase agent may use the purchase strategies, one or more purchase rules, and/or other information to generate a purchase specification that specifies one or more cloud service instances that should be purchased. The purchase agent may leverage unique properties of spot instances to make favorable purchase decisions. For example, the system may determine bid prices that should be made to obtain certain spot instances.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.