US Patent Issued to International Business Machines on Aug. 12 for "Regulating cloud budget consumption" (Canadian Inventors)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,386,677, issued on Aug. 12, was assigned to International Business Machines Corp. (Armonk, N.Y.).

"Regulating cloud budget consumption" was invented by Lior Aronovich (Thornhill, Canada) and Priya Unnikrishnan (Toronto).

According to the abstract* released by the U.S. Patent & Trademark Office: "An approach for optimizing storage on a local storage device. The approach receives a cloud resource budget limit and a cloud budget time interval. The approach estimates future cloud resource requests expected to arrive before the end of the cloud budget time interval. The approach calculates definitive and estimated costs of cloud resource usage types. The approach calculates a total estima...