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


Featured

  • Salesforce To Acquire Informatica in $8 Billion Deal

    Salesforce announced on Tuesday it plans to acquire data management firm Informatica for $8 billion.

  • An image of planes flying around a globe

    2025 Microsoft Conference Calendar: For Partners, IT Pros and Developers

    Here's your guide to all the IT training sessions, partner meet-ups and annual Microsoft conferences you won't want to miss.

  • Microsoft Gives Orgs More Power to 'Tune' AI Agents

    At its Build 2025 conference this week, Microsoft unveiled significant advancements aimed at empowering enterprises to create more sophisticated AI agents.

  • Build 2025: Microsoft Charts Wider Path for AI Agents

    At Build 2025, Microsoft unveiled its strategic vision for the future of AI agents, emphasizing the development of autonomous systems capable of performing complex tasks across various applications.