Microsoft is competing with market leader Amazon in providing cloud services. They are already in price war and delivering reliable and top notch_performance is a must have in this business. The cloud pricing scheme differs on performance levels and the new patent from Microsoft researchers revealed a new pricing approach where customers_can either bid a price they’re willing to pay or to be quoted a price based on the system’s estimate of the resources needed to deliver that performance. It will be interesting to see if Microsoft delivers this pricing scheme to its customers. Abstract: Described are performance-based pricing models for pricing execution of a client job in a cloud service. Client-provided performance-related parameters are used to determine a price. The price may be a minimum bid price that is evaluated against a bid received from client bidder to accept or reject the bid. Alternatively, the price may be returned as a quote. For batch application-type jobs, performance parameters include a work volume parameter and a deadline or the like....

The rest of the story...
Microsoft News