SYSTEMS AND METHODS FOR ALLOCATING INPUT/OUTPUT BANDWIDTH IN STORAGE SYSTEMS

The disclosed computer-implemented method for allocating input/output bandwidth in storage systems may include (1) allocating, in accordance with a pre-defined service-level agreement, an assigned amount of input/output bandwidth to an application that performs actions on a storage system, (2) receiving a request from the application to perform an input/output operation on the storage system, (3) identifying an amount of latency associated with fulfilling the input/output operation, (4) calculating, based at least in part on the amount of latency associated with fulfilling the input/output operation, an amount of input/output bandwidth consumed by the input/output operation, (5) deducting the amount of input/output bandwidth consumed by the input/output operation from the assigned amount of input/output bandwidth allocated to the application, and (6) allocating bandwidth to future input/output requests from the application from the remaining amount of input/output bandwidth allocated to the application. Various other methods, systems, and computer-readable media are also disclosed.