Feeds

Amazon EC2 urges customers to name their price

Let the little fluffy cloud bidding wars commence

Top 5 reasons to deploy VMware with Tegile

Amazon Web Services LLC has launched a new auction room-style purchasing package for its EC2 cloud computing rental service.

The firm said in a statement today that customers could now use a new option called “Spot Instances” that allows them to bid on unused Amazon EC2 capacity and run those instances for as long as their tender exceeds the current spot price.

However, the spot price will fluctuate regularly as it will be determined by supply and demand.

AWS, which is an Amazon.com subsidiary, said the service was available for free to those customers who already use its On-Demand Instances and Reserved Instances options in EC2.

“Spot Instances are well-suited for applications that can have flexible start and stop times such as image and video conversion and rendering, data processing, financial modelling and analysis, web crawling and load testing,” said AWS.

"By being flexible on when their instances run, coupled with the ability to bid what they’re willing to pay for capacity, customers can significantly lower their Amazon EC2 costs.”

Spot Instances can also open the vault on large amounts of extra cloud capacity for apps that need to be delivered speedily, said the company. ®

Beginner's guide to SSL certificates

More from The Register

next story
Ellison: Sparc M7 is Oracle's most important silicon EVER
'Acceleration engines' key to performance, security, Larry says
Oracle SHELLSHOCKER - data titan lists unpatchables
Database kingpin lists 32 products that can't be patched (yet) as GNU fixes second vuln
Lenovo to finish $2.1bn IBM x86 server gobble in October
A lighter snack than expected – but what's a few $100m between friends, eh?
Ello? ello? ello?: Facebook challenger in DDoS KNOCKOUT
Gets back up again after half an hour though
Hey, what's a STORAGE company doing working on Internet-of-Cars?
Boo - it's not a terabyte car, it's just predictive maintenance and that
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.