On Estimating Bids for Amazon EC2 Spot Instances Using Time Series Forecasting
SCC, pp. 44-51, 2017.
Optimum Bid price estimation is crucial for Amazon Elastic Compute Cloud (EC2) consumers if they want to secure uninterrupted access to Spot instances at reduced costs. We recently reported that Bid price estimation is an implicit function of seasonal components and extreme spikes in the Spot price history. In this paper we apply time ser...More
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