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Economic Models for Management of Resources in Peer-to-Peer (P2P) and Grid Computing R. Buyya, H.Stockinger, J.Giddy, D.Abramson Agenda A quick glance at today’s Grid computing Resource Management challenges for next generation Grid computing A Glance at Approaches to Grid computing Grid Architecture for Computational Economy Economic Models for Resource Management Nimrod/G -- Grid Resource Broker Deadline and Budget Constrained (DBC) Scheduling Experiments on World Wide Grid testbed Conclusions Scalable HPC: Breaking Administrative Barriers new challenges Why Grids? Large Scale Explorations need them—Killer Applications. Solving grand challenge applications using modeling, simulation and analysis What is Grid ? An infrastructure that logically couples distributed resources: Computers – PCs, workstations, clusters, supercomputers, laptops, notebooks, mobile devices, PDA, etc; Software – e.g., ASPs renting expensive special purpose applications on demand; Catalogued data and databases – e.g. transparent access to human genome database; Special devices – e.g., radio telescope – SETI@Home searching for life in galaxy. People/collaborators. and presents them as an integrated global resource. It enables the creation of virtual enterprises (VEs) for resource sharing. P2P/Grid Applications-Drivers Distributed HPC (Supercomputing): Computational science. High-Capacity/Throughput Computing: Large scale simulation/chip design parameter studies. Content Sharing (free or paid) Sharing digital contents among peers (e.g., Napster) Remote software access/renting services: Application service provides (ASPs) Web services. Data-intensive computing: Virtual Drug Design, Particle Physics, Stock Prediction... On-demand, realtime computing: Medical instrumentation Mission Critical. Collaborative Computing: Collaborative design, Data exploration, education. Service Oriented Computing (SOC): Computing as Utility: New paradigm and new industries. Building and Using Grids require
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