18101136. DYNAMIC RESOURCE ALLOCATION FOR NETWORK SLICES simplified abstract (Verizon Patent and Licensing Inc.)
Contents
DYNAMIC RESOURCE ALLOCATION FOR NETWORK SLICES
Organization Name
Verizon Patent and Licensing Inc.
Inventor(s)
Mason Ng of Jersey City NJ (US)
DYNAMIC RESOURCE ALLOCATION FOR NETWORK SLICES - A simplified explanation of the abstract
This abstract first appeared for US patent application 18101136 titled 'DYNAMIC RESOURCE ALLOCATION FOR NETWORK SLICES
Simplified Explanation:
The patent application describes a system for dynamically allocating resource slices to user equipment devices based on bidding auctions.
- The system tracks available network slices and edge computing resources to generate a list of resource slices.
- Bidding auctions are conducted for the resource slices, with user equipment devices participating.
- User equipment devices that win the bidding auction gain access to the resource slice they bid on.
Key Features and Innovation:
- Dynamic resource slice allocation based on bidding auctions.
- Real-time tracking of available network slices and edge computing resources.
- User equipment devices participate in bidding auctions to access resource slices.
Potential Applications:
This technology can be applied in various industries such as telecommunications, edge computing, and cloud services.
Problems Solved:
This technology addresses the challenge of efficiently allocating resources to user equipment devices in a dynamic environment.
Benefits:
- Improved resource allocation efficiency.
- Fair and transparent access to resource slices.
- Real-time tracking and allocation of network and computing resources.
Commercial Applications:
Dynamic Resource Slice Allocation System for Telecommunications and Edge Computing Markets
Prior Art:
Prior research in the fields of resource allocation, edge computing, and telecommunications may provide insights into similar technologies.
Frequently Updated Research:
Stay updated on advancements in resource allocation algorithms, edge computing technologies, and telecommunications standards.
Questions about Dynamic Resource Slice Allocation:
1. How does the bidding engine determine the winner of a resource slice in the auction? 2. What are the potential implications of this technology on the efficiency of edge computing networks?
Original Abstract Submitted
One or more computing devices, systems, and/or methods for dynamic resource slice allocation are provided. A bidding engine dynamically tracks available network slices and available edge computing resources to generate a current list of resource slices corresponding to combinations of available network slices and available edge computing resources. A bidding auction is conducted for the current list of resource slices. A user equipment device is determined to be a winner of the bidding auction for a resource slice based upon a bidding request from the user equipment device. In this way, the user equipment device is provide with access to the resource slice based upon a determination that the user equipment device won the bidding auction.
