An Efficient Resource Allocation for Infrastructure-as-a-Service in Cloud Computing Environments

In a cloud computing environment, Infrastructure-as-a-Service (IaaS) providers profit by renting virtual resources (e.g., processing power, bandwidth, storage) to consumers. However, limited hardware resources cannot satisfy consumer requirements. Previous studies have focused on how to increase resource utilization of IaaS providers, but how to increase the profit of laaS providers remains unclear. This paper proposes an efficient resource allocation to increase the profit of laaS providers based on the service level agreement (SLA). The simulation results indicated that our mechanism can increase the profit of laaS providers.