Optimizing the cloud resources, bandwidth and deployment costs in multi-providers network function virtualization environment
The introduction of network function virtualization (NFV) leads to a new business model in which the Telecommunication Service Provider needs to rent cloud resources to infrastructure provider (InP) at prices as low as possible. Lowest prices can be achieved if the cloud resources can be rented in advance by allocating long-term virtual machines (VM). This is in contrast with the short-term VMs that are rented on demand and have higher costs. For this reason, we propose a proactive solution in which the cloud resource rent is planned in advance based on peak traffic knowledge.