This keynote paper: (1) presents the 21st century vision of computing and identifies various IT paradigms promising to deliver computing as a utility; (2) defines the architecture for creating market-oriented Clouds and computing atmosphere by leveraging technologies such as virtual machines; (3

Cloud computing is an emerging approach to a shared infrastructure of computing resources in which large pools of systems or clouds are linked together via the internet to provide IT services, such as securely managing billions of online transactions and other highly data-intensive application

This keynote paper: presents a 21 st century vision of computing; identifies various computing paradigms promising to deliver the vision of computing utilities; defines Cloud computing and provides the architecture for creating market-oriented Clouds by leveraging technologies such as VMs; provides

Cloud computing and provide the architecture for creating Clouds with market-oriented resource allocation by leveraging technologies such as Virtual Machines (VMs). We also provide insights on market-based resource management strategies that encompass both customer-driven service management

resources ’ prices as well as user’s available budget and deadline. Such scheduling policies are known as market-oriented scheduling policies. However, existing market-oriented scheduling policies cannot be applied for Cloud providers because of the difference in the way Cloud providers charge users

. There is a high amount of innovation expected above this commodity layer, namely in platforms (platform as a service) area leading to what we call Market Oriented Cloud Computing (MOCC). Partial adoption of MOCC is happening now inside private clouds with full adoption expected once security, control, trust

This vision of computing utilities, based on a service provisioning model, anticipated the massive transformation of the entire computing industry in the 21st century whereby computing services will be readily available on demand, like water, electricity, gas, and telephony services available in today’s society. Similarly, computing service users (consumers) need to pay providers only when they access computing services, without the need to invest heavily or encounter difficulties in building and maintaining

efforts have shown that the emerging Cloud Com-puting service model can improve on-demand access to HPC capacity as utility. This paper introduces a framework for on-demand composing and deploying available HPC applica-tions as services on HPC clouds. The composition is enabled by an ontology

attractive as a service and shaping the way IT hardware is designed and purchased. Cloud computing provides the architecture for creating market-oriented Clouds by leveraging technologies such as Virtual Machines; provides thoughts on market-based resource management strategies that encompass both customer

into smaller processing units, and present a Market-Oriented Cloud Computing (MOCC) development and management platform with rapid application development and workload distribution capabilities as a practical implementation of this approach. We demonstrate that Manjrasoft Aneka a Cloud Application Platform