MANAGING SERVICE DEMAND LOAD RELATIVE TO INFRASTRUCTURE CAPACITY IN A NETWORKED COMPUTING ENVIRONMENT

Embodiments of the present invention provide an approach for implementing service level agreements (SLAs) having variable service delivery requirements and pricing in a networked (e.g. cloud) computing environment. Under embodiments of the present invention, a plurality of SLAs, each having a different price level, is made available to a consumer. The consumer may select one or more of the plurality of SLAs that reflects the consumer's service delivery requirements in a cloud computing environment. A consumer having relatively inflexible service delivery requirements may select one of the SLAs having a relatively higher price, whereas a consumer having relatively flexible service delivery requirements may select one of the SLAs having a relatively lower price. In one embodiment, the SLAs may dynamically provide for relatively lower variable pricing in response to the consumer receiving deferred or a relatively lower level of service during a peak service demand load. In another embodiment, the SLAs may dynamically provide for relatively higher variable pricing in response to consumer service requests that are fulfilled during a relatively higher overall service demand load. In yet another embodiment, the SLAs may dynamically provide for relatively lower variable pricing in response to consumer service requests that occur during a relatively lower overall service demand load.