Amazon Web Services Announces Online Marketplace for Selling Reserved Instances

September 27, 2012

In the PCWorld.com post, “Amazon Web Services Allows Users to Sell Reserved Instances,” Mikael Ricknas discusses the recent Amazon announcement of an online marketplace where users of cloud computing services will be able to sell their reserved server instances to other companies. Riknas explains reserved instances:

Reserved instances allow avid cloud users to lower their cloud costs by making a one-time payment to reserve compute capacity for a specified term, and in turn, receive a discount on the hourly charge, Amazon said. For example, a standard Linux instance costs from US$0.08 per hour, while a reserved instance with a one-year term and light utilization costs $69 plus $0.039 per hour. That cost divided by the discount means that it is a good deal after running the instance for more than 70 days.

Ricknas says the change is an effort to make the marketplace more attractive and flexible. The announcement may be worth the read if you’ve been looking at Cloud options, especially to learn more about the fees associated with the one-time transactions. You may also consider Fabasoft Mindbreeze’s InSite solution. InSite is a Cloud service that brings together all content from your Web sites, blogs, social media networks, and more so that information can be indexed and accessed remotely with proven security.

Philip West, September 27, 2012

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