Systems and methods for allocating one or more resources in a composite cloud environment

This technology relates to a device, method, and non-transitory computer readable medium for allocating one or more resources optimally in a composite cloud environment. This technology involves configuring organization and service level quota values, describing service composition, service unit, service level agreement, defining allocation model and resource allocation optimization algorithm. Based on these predefined rules the infrastructure, software and manual resources are assigned, future allocation is forecasted and resources are allocated to complete the service requests received from the users.