Feeds

Amazon EC2 urges customers to name their price

Let the little fluffy cloud bidding wars commence

Beginner's guide to SSL certificates

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. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
The DRUGSTORES DON'T WORK, CVS makes IT WORSE ... for Apple Pay
Goog Wallet apparently also spurned in NFC lockdown
Cray-cray Met Office spaffs £97m on VERY AVERAGE HPC box
Only 250th most powerful in the world? Bring back Michael Fish
Microsoft brings the CLOUD that GOES ON FOREVER
Sky's the limit with unrestricted space in the cloud
'ANYTHING BUT STABLE' Netflix suffers BIG Europe-wide outage
Friday night LIVE? Nope. The only thing streaming are tears down my face
IBM, backing away from hardware? NEVER!
Don't be so sure, so-surers
Google roolz! Nest buys Revolv, KILLS new sales of home hub
Take my temperature, I'm feeling a little bit dizzy
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
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.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.