AWS re:Invent re:Flection - Spot Pricing

Click here to load reader

  • date post

    09-Feb-2017
  • Category

    Technology

  • view

    25
  • download

    1

Embed Size (px)

Transcript of AWS re:Invent re:Flection - Spot Pricing

PowerPoint Presentation

1

Spot PricingSave Up to 92% on your Amazon EC2 Bill with Spot Instances

What is Spot?

Name your own price for EC2 ComputeA market where price of compute changes based upon Supply and DemandWhen Bid Price exceeds Spot Market Price, instance is launchedInstance is terminated if market price exceeds bid price

2

Spot Is Not One MarketPrices can, but often dont fluctuate wildly

Spot Price By:Each instance familyEach instance sizeEach availability zoneIn every region

Each is a separate Spot Market

4

Bid Price and Market Price

c3.8xlarge 32 vCPUs / 60 GiB

OnDemand: $2.117 per HourSpot: $0.3248 per Hour

5

Spot Pricing TipsTip 1: Instance flexibility is key!

Tip 2: Bid the on-demand price

6

EC2 Best PracticesStatelessFault Tolerance

Multi AZLoosely CoupledInstance Flexibility

All of the above will give good spot suitability!

7