Cutting the Cost of Hosting Online Services Using Cloud Spot Markets
Xin He, Prashant J. Shenoy, Ramesh K. Sitaraman, David Irwin · 2015
The use of cloud servers to host modern Internet-based services is becoming increasingly common. Today's cloud platforms offer a choice of server types, including non-revocable on-demand servers and cheaper but revocable spot servers. A service provider requiring servers can bid in the spot market where the price of a spot server changes dynamically according to the current supply and demand for cloud resources. Spot servers are usually cheap, but can be revoked by the cloud provider when the cloud resources are scarce. While it is well-known that spot servers can reduce the cost of performing time-flexible interruption-tolerant tasks, we explore the novel possibility of using spot servers for reducing the cost of hosting an Internet-based service such as an e-commerce site that must {\em always} be on and the penalty for service unavailability is high.