Summary
Physical resource can be dynamically partitioned as a set of virtual resources with a hierarchical relationship
Different entities (organizations, service providers, and applications) can independently specify entity-specific policies for their portions of the virtual resource hierarchy
Admission control and hierarchical scheduling ensure policies are met for all entities
- QoS provided for both individual traffic streams and traffic aggregates of different entities
Collaborative and competitive resource sharing seamlessly integrated
Abstraction applicable to other resources (CPU) also