Systems and methods for managing resources in a serverless workload

1. A method of allocating resources to an application comprising a plurality of application components, with at least one executing at least one function, in a serverless service architecture, the method comprising:

(a) identifying a plurality of computational resources associated with at least one serverless execution entity capable of executing the at least one function thereon;

(b) determining, for each of the identified computational resources, a revenue and an expense for allocating the computational resource to the at least one serverless execution entity;

(c) based at least in part on the determination in step (b), determining a size associated with each of the computational resources allocated to the at least one serverless execution entity;

(d) monitoring the revenue and expense for allocating each of the computational resources to the at least one function during execution thereof; and

(e) adjusting the size associated with each of the computational resources allocated to the at least one serverless execution entity based on the revenue and expense monitored in step (d).

2. The method of claim 1 , further comprising causing a computational user of the application to access to the at least one serverless execution entity and executing the at least one function thereon.

3. The method of claim 1 , wherein the revenue is generated by causing the at least one function to be executed on the at least one serverless execution entity in response to a request, and the expense is generated by allocating the computational resources to the at least one serverless execution entity for executing the at least one function.

4. The method of claim 1 , wherein the revenue is determined based at least in part on a unit price associated with each of the computational resources and a quantity of each of the computational resources used to execute the at least one function.

5. The method of claim 1 , further comprising upon determining that the monitored revenue is larger than the monitored expense for a predetermined factor, increasing the size associated with the corresponding computational resource allocated to the at least one serverless execution entity.

6. The method of claim 1 , further comprising upon determining that the monitored revenue is smaller than the monitored expense for a predetermined factor, decreasing the size associated with the corresponding computational resource allocated to the at least one serverless execution entity.

7. The method of claim 1 , wherein the computational resources comprise a processor, a storage I/O resource, a network I/O resource and I/O pathways.

8. The method of claim 1 , wherein the at least one function comprises at least one of an AWS LAMBDA function, a Google cloud function, a Microsoft Azure function, an IBM OpenWhisk function, an Oracle Cloud function, or a Kubernates-based Knative function.

9. The method of claim 1 , further comprising:

(e) identifying at least first and second resource providers for providing the computational resources having the sizes determined in step (c), each of the resource providers offering a purchase price to the at least one serverless execution entity; and

(f) automatically allocating the computational resources from the first resource provider to the at least one serverless execution entity based at least in part on the purchase price offered thereby,

wherein the purchase price offered by the first resource provider is smaller than that offered by the second resource provider.

10. The method of claim 9 , wherein each of the at least first and second resource providers offers a purchase price for allocating each of the computational resources to the at least one serverless execution entity, the method further comprising:

automatically allocating a first one of the computational resources from the first resource provider to the at least one serverless execution entity;

automatically allocating a second one of the computational resources, different from the first one of the computational resources, from the second resource provider to the at least one serverless execution entity,

wherein the purchase price of the first one of the computational resources offered by the first resource provider is smaller than that offered by the second resource provider and the purchase price of the second one of the computational resources offered by the second resource provider is smaller than that offered by the first resource provider.

11. A computer system for allocating resources to an application comprising a plurality of application components, with at least one executing at least one function, in a serverless service architecture, the computer system comprising a management system configured to:

(a) identify a plurality of computational resources associated with at least one serverless execution entity capable of executing the at least one function thereon;

(b) determine, for each of the identified computational resources, a revenue and an expense for allocating the computational resource to the at least one serverless execution entity;

(c) based at least in part on the determination in step (b), determine a size associated with each of the computational resources allocated to the at least one serverless execution entity;

(d) monitor the revenue and expense for allocating each of the computational resources to the at least one function during execution thereof; and

(e) adjust the size associated with each of the computational resources allocated to the at least one serverless execution entity based on the revenue and expense monitored in step (d).

12. The computer system of claim 11 , wherein the management system is further configured to cause a computational user of the application to access to the at least one serverless execution entity and execute the at least one function thereon.

13. The computer system of claim 11 , wherein the revenue is generated by causing the at least one function to be executed on the at least one serverless execution entity in response to a request, and the expense is generated by allocating the computational resources to the at least one serverless execution entity for executing the at least one function.

14. The computer system of claim 11 , wherein the revenue is determined based at least in part on a unit price associated with each of the computational resources and a quantity of each of the computational resources used to execute the at least one function.

15. The computer system of claim 11 , wherein the management system is further configured to increase the size associated with the corresponding computational resource allocated to the at least one serverless execution entity upon determining that the monitored revenue is larger than the monitored expense for a predetermined factor.

16. The computer system of claim 11 , wherein the management system is further configured to decrease the size associated with the corresponding computational resource allocated to the at least one serverless execution entity upon determining that the monitored revenue is smaller than the monitored expense for a predetermined factor.

17. The computer system of claim 11 , wherein the computational resources comprise a processor, a storage I/O resource, a network I/O resource and I/O pathways.

18. The computer system of claim 11 , wherein the at least one function comprises at least one of an AWS LAMBDA function, a Google cloud function, a Microsoft Azure function, an IBM OpenWhisk function, an Oracle Cloud function, or a Kubernates-based Knative function.

19. The computer system of claim 11 , wherein the management system is further configured to:

(e) identify at least first and second resource providers for providing the computational resources having the sizes determined in step (c), each of the resource providers offering a purchase price to the at least one serverless execution entity; and

(f) automatically allocate the computational resources from the first resource provider to the at least one serverless execution entity based at least in part on the purchase price offered thereby,

wherein the purchase price offered by the first resource provider is smaller than that offered by the second resource provider.

20. The computer system of claim 19 , wherein each of the at least first and second resource providers offers a purchase price for allocating each of the computational resources to the at least one serverless execution entity, the management system being further configured to:

automatically allocate a first one of the computational resources from the first resource provider to the at least one serverless execution entity;

automatically allocate a second one of the computational resources, different from the first one of the computational resources, from the second resource provider to the at least one serverless execution entity,

wherein the purchase price of the first one of the computational resources offered by the first resource provider is smaller than that offered by the second resource provider and the purchase price of the second one of the computational resources offered by the second resource provider is smaller than that offered by the first resource provider.