Add as a preferred source on Google


Pender's Blog by Lee Pender, RCPU Editor

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

  • Nebula

    Ahead of AGI, Microsoft and OpenAI Redefine Their Partnership

    In a recapitalization announced Tuesday, OpenAI has launched a new public benefit corporation (PBC) called OpenAI Group, giving Microsoft a 27 percent ownership stake valued at approximately $135 billion.

  • Veeam Acquires Securiti AI To Unify Data Resilience and AI Security

    Veeam Software is making a strategic move into AI and data security by acquiring Securiti AI for $1.7 billion.

  • Microsoft Adds 'Mico' Virtual Assistant to Copilot in Major Fall Update

    In a significant feature update, Microsoft on Thursday said it is reshaping its Copilot AI platform with features that deepen user personalization and enable real-time group collaboration, among other perks.

  • Nutanix Partner Central Rolls Out To Boost Channel Engagement

    Nutanix on Wednesday launched a new platform, Partner Central, to give its channel partners a unified digital workspace for managing sales, tracking incentives and collaborating more effectively.

Most   Popular