Patent attributes
The present invention provides an approach for dynamically acquiring computing resources in a networked computing environment (e.g., a cloud computing environment) based on infrastructure/computing resource needs. In a typical embodiment, a set of computing resources (needed to process a set of workloads) external to a first portion of a networked computing environment is identified. Once identified, electronic negotiations with at least one provider of the set of computing resources may be held for utilizing the provider's set of computing resources to process the set of workloads. In general, the negotiations are based on at least one resource registration (setting forth terms for utilizing the set of computing resources such as usage rates, usage limitations, etc.) associated with the at least one provider stored in at least one computer data structure. Responsive to successful completion of the negotiations, the set of computing resources will be associated with the first portion.