Verizon Patent and Licensing Inc. (20240251295). DYNAMIC RESOURCE ALLOCATION FOR NETWORK SLICES simplified abstract
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 20240251295 titled 'DYNAMIC RESOURCE ALLOCATION FOR NETWORK SLICES
The patent application describes a system for dynamic resource slice allocation through a bidding auction process.
- A bidding engine tracks available network slices and edge computing resources to generate a list of resource slices.
- A bidding auction is conducted for the resource slices.
- User equipment devices participate in the bidding auction to win access to a resource slice.
Potential Applications: - Telecommunications industry for efficient resource allocation. - Edge computing environments for optimized performance. - IoT networks for managing resources effectively.
Problems Solved: - Efficient allocation of resources in dynamic environments. - Fair distribution of resources among competing users. - Optimization of network and computing resources.
Benefits: - Improved resource utilization. - Enhanced user experience. - Cost-effective resource allocation.
Commercial Applications: Dynamic resource allocation technology can be used in telecommunications companies, edge computing providers, and IoT network operators to optimize resource usage and enhance performance.
Questions about Dynamic Resource Slice Allocation: 1. How does the bidding engine track available network slices and edge computing resources? 2. What are the key advantages of using a bidding auction for resource allocation in dynamic environments?
Frequently Updated Research: Stay updated on the latest advancements in dynamic resource allocation technologies to ensure optimal resource management and performance in various industries.
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.
