Amazon EC2 urges customers to name their price

Let the little fluffy cloud bidding wars commence


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. ®


Keep Reading

Google, Amazon pass on UK Digital Services Tax by hiking ad prices, fees at same rate the government takes

Which means you get to pay, because cost of ads, sellers' fee hikes are built into prices, so once the tech titans charge more ... you get the drift

If you're on invite-only tech-testing scheme, take care with Amazon's Alexa-powered answer to Google's Glass

iFixit reveals repair won't be trivial

Amazon and Google: Trust us, our smart-speaker apps are carefully policed. Boffins: Yes, well, about that...

Who can you trust these days?

Remind us again, why work for AWS? Petty Amazon sues marketing veep after he defects to Google Cloud

Hyperscalers spar in non-compete, NDA spat

Stop asking for Amazon, Google and Microsoft cloud with 'no justification': US Library of Congress told to drop its 'brand-name'-tastic RFP

Oracle wins protest after agency failed to get it kicked out for not being a reseller

Google's cloud-wrangling Anthos completes bridge to Amazon Web Services, Azure waits in the wings

Meanwhile, Chocolate Factory to donate its Istio toolkit to vendor-neutral open-source foundation

UK govt publishes contracts granting Amazon, Microsoft, Google and AI firms access to COVID-19 health data

Questions linger over involvement of biz linked to Dominic Cummings and Vote Leave campaign

Big Tech to face its Ma Bell moment? US House Dems demand break-up of 'monopolists' Apple, Amazon, Facebook, Google

'These once scrappy, underdog startups have become the kinds of monopolies we last saw in the era of oil barons and railroad tycoons'

Biting the hand that feeds IT © 1998–2020