Main Reference PaperA Procurement Auction Market to Trade Residual cloud Computing Capacity, IEEE Transactions On Cloud Computing, September 2015.
  • The Procurement Auction or reverse auction scheme is proposed in cloud auction to trade the residual cloud computing capacity, in which the cloud service provider is not able to allocate their resources through direct-selling. The overbooking mechanism is employed to the procurement auction, hence the provider can participate in the auction even if the enough resource is not available at the time of auction.

+ Description
  • The Procurement Auction or reverse auction scheme is proposed in cloud auction to trade the residual cloud computing capacity, in which the cloud service provider is not able to allocate their resources through direct-selling. The overbooking mechanism is employed to the procurement auction, hence the provider can participate in the auction even if the enough resource is not available at the time of auction.

  • To employ procurement auction mechanism to preserve the residual capacity of cloud computing resources.

  • To trade the unused resource capacity of the cloud service provider.

  • To employ the resource pooling mechanism in order to avoid the auction defaulter.

+ Aim & Objectives
  • To employ procurement auction mechanism to preserve the residual capacity of cloud computing resources.

  • To trade the unused resource capacity of the cloud service provider.

  • To employ the resource pooling mechanism in order to avoid the auction defaulter.

  • The resource pooling mechanism to trade the free resources of cloud consumers and avoid the provider from the defaulting to pay the penality for overbooking.

+ Contribution
  • The resource pooling mechanism to trade the free resources of cloud consumers and avoid the provider from the defaulting to pay the penality for overbooking.

  • Java JDK 1.8, MySQL 5.5.40.

  • Netbeans 8.0.1, J2SE and Cloudsim 3.0.3

+ Software Tools & Technologies
  • Java JDK 1.8, MySQL 5.5.40.

  • Netbeans 8.0.1, J2SE and Cloudsim 3.0.3

  • B.E / B.Tech / M.E / M.Tech

+ Project Recommended For
  • B.E / B.Tech / M.E / M.Tech

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