Pender's Blog

Blog archive

Amazon Auctions Cloud Capacity

This is a pretty interesting little model, actually. Amazon's auctioning little unused chunks of its cloud capacity as part of a program called Spot Instances. From Jeff Schwartz's RCPmag.com story linked above, here's Amazon's CTO talking about the plan:

"Customers bid any price they like on unused Amazon EC2 capacity and run those instances for as long their bid exceeds the current Spot Price," said Amazon CTO Werner Vogels in a blog post. "Spot Instances are ideal for tasks that can be flexible as to when they start and stop. This gives our customers an exciting new approach to IT cost management."

We'll be interested to see whether other cloud vendors pick up on this idea, as well.

Posted by Lee Pender on December 16, 2009 at 11:55 AM


Featured

  • Feds Takes Action Against Russian Firms for Spying

    The U.S. Department of the Treasury has issued sanctions against Russia and a handful of Russian organizations for spying and other cyberactivities.

  • Microsoft Previews 64-Bit OneDrive Client for Windows 10

    A preview of a 64-bit OneDrive client for x64 Windows 10 systems is now available for work, school or home users.

  • The 2021 Microsoft Product Roadmap

    From Windows 10X to the next generation of Microsoft's application server products, here are the product milestones coming down the pipeline in 2021.

  • Microsoft Adds Data Loss Prevention Alerts to Compliance Toolbox

    The latest part of Microsoft's overall compliance tooling is its Data Loss Prevention Alerts Dashboard, now generally available.