Patent attributes
This disclosure details the implementation of methods, systems and computer program products for a cloud computing spot market platform (hereinafter, “Platform”). Fluctuations in demand for computing resources may engender idle processing capacity within the framework of a cloud computing system. Embodiments of the Platform provide infrastructure for redistributing idle capacity to grid-style batch computing processes, such as may be based on the same processing resources as those used by the cloud computing system. In this manner, Platform embodiments may increase the utilization of idle resources and reduce revenue losses associated with demand variability for cloud computing system administrators. In one embodiment, market-oriented floating prices for grid-style batch computing utilizing idle resources may be implemented based on monitored and analyzed levels of computing resource supply and demand.