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US20140136295A1 - Dynamic recommendations taken over time for reservations of information technology resources - Google Patents

Dynamic recommendations taken over time for reservations of information technology resources
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Publication number
US20140136295A1
US20140136295A1US13/675,837US201213675837AUS2014136295A1US 20140136295 A1US20140136295 A1US 20140136295A1US 201213675837 AUS201213675837 AUS 201213675837AUS 2014136295 A1US2014136295 A1US 2014136295A1
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resources
resource
over time
recommendation
usage
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US13/675,837
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Michael Morris Wasser
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International Business Machines Corp
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Apptio Inc
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Priority to US13/675,837priorityCriticalpatent/US20140136295A1/en
Assigned to APPTIO, INC.reassignmentAPPTIO, INC.ASSIGNMENT OF ASSIGNORS INTEREST (SEE DOCUMENT FOR DETAILS).Assignors: WASSER, MICHAEL MORRIS
Priority to US13/917,503prioritypatent/US10937036B2/en
Publication of US20140136295A1publicationCriticalpatent/US20140136295A1/en
Assigned to SILICON VALLEY BANKreassignmentSILICON VALLEY BANKSECURITY INTEREST (SEE DOCUMENT FOR DETAILS).Assignors: APPTIO, INC.
Assigned to APPTIO, INC.reassignmentAPPTIO, INC.RELEASE BY SECURED PARTY (SEE DOCUMENT FOR DETAILS).Assignors: SILICON VALLEY BANK
Assigned to INTERNATIONAL BUSINESS MACHINES CORPORATIONreassignmentINTERNATIONAL BUSINESS MACHINES CORPORATIONASSIGNMENT OF ASSIGNORS INTEREST (SEE DOCUMENT FOR DETAILS).Assignors: APPTIO, INC.
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Abstract

Embodiments are directed towards providing dynamic recommendations of reserving information technology resources over time that may be visually displayed over that time. In one embodiment, the recommendations may be determined based on an analysis of actual usage data obtained over a prior time period and used to predict future resource demands. The subject innovations enable a user to dynamically perform various ‘what-if’ analysis to determine optimum purchase times, and configurations. In some embodiments, the user is further provided information about currently purchased resource under-utilizations to enable the user to redistribute work, release resources, or take other actions directed towards improving management of their IT budget. While subject innovations are may be directed towards managing IT resources obtained through one or more cloud computing service providers, some embodiments further allow the user to perform make/buy decisions such as when to use in-house resources versus using cloud-based resources.

Description

Claims (20)

1. A method operating on a network device to perform actions, comprising:
identifying a plurality of resources each of which are configured to be reserved for use over time, and having at least a variable rate fee over time;
tracking usage of each of the plurality of resources over time;
determining a trade-off percentage of a reservation period for each of the plurality of resources based on the tracked usage, wherein the trade-off percentage represents a time in the reservation period when a cost of purchasing reserved resources is less than using on-demand resources when amortized over the reservation period;
dynamically computing, by one or more hardware processors, based on the determined trade-off percentage and the tracked usage for each of the plurality of resources and the variable rate fee over time, a recommendation for reserving usage over a given time period for each of the plurality of resources; and
dynamically displaying a recommended reservation plan for the given time period for each of the plurality of resources.
6. A system, comprising:
a plurality of information technology (IT) resources each of which are configured to be reserved for use over time and having at least a variable rate fee over time; and
a processor that performs actions, including:
tracking usage of each of the plurality of information technology resources over time;
determining a trade-off percentage of a reservation period for each of the plurality of information technology resources based on the tracked usage, wherein the trade-off percentage represents a time in the reservation period when a cost of purchasing reserved resources is less than using on-demand resources when amortized over the reservation period;
dynamically computing, based on the determined trade-off percentage and the tracked usage for each of the plurality of information technology resources and the variable rate fee over time, a recommendation for reserving usage over a given time period for each of the plurality of information technology resources; and
dynamically displaying a recommended reservation plan for the given time period for each of the plurality of information technology resources.
11. A network device, comprising:
a memory that is operative to store at least instructions; and
a processor device that is operative to execute instructions that enable actions, including:
identifying a plurality of resources each of which are configured to be reserved for use over time, and having at least a variable rate fee over time;
tracking usage of each of the plurality of resources over time;
determining a trade-off percentage of a reservation period for each of the plurality of resources based on the tracked usage, wherein the trade-off percentage represents a time in the reservation period when a cost of purchasing reserved resources is less than using on-demand resources when amortized over the reservation period;
dynamically computing based on the determined trade-off percentage and the tracked usage for each of the plurality of resources and the variable rate fee over time, a recommendation for reserving usage over a given time period for each of the plurality of resources; and
dynamically displaying a recommended reservation plan for the given time period for each of the plurality of resources.
16. A processor readable non-transitive storage media that includes instructions stored thereon, wherein execution of the instructions by a processor device enables actions, comprising:
identifying a plurality of resources each of which are configured to be reserved for use over time, and having at least an effective rate fee that includes a variable rate fee component and a fixed rate fee over time;
tracking usage of each of the plurality of resources over time;
determining a trade-off percentage of a reservation period for each of the plurality of resources based on the tracked usage, wherein the trade-off percentage represents a time in the reservation period when a cost of purchasing reserved resources is less than using on-demand resources when amortized over the reservation period;
dynamically computing based on the determined trade-off percentage and the tracked usage for each of the plurality of resources and the effective rate fee over time, a recommendation for reserving usage over a given time period for each of the plurality of resources; and
dynamically displaying a recommended reservation plan for the given time period for each of the plurality of resources.
US13/675,8372012-11-132012-11-13Dynamic recommendations taken over time for reservations of information technology resourcesAbandonedUS20140136295A1 (en)

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US13/917,503US10937036B2 (en)2012-11-132013-06-13Dynamic recommendations taken over time for reservations of information technology resources

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