aws update | london - reserved instance marketplace

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Amazon Web Services Update | London November 2012

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We are excited to announce the Reserved Instance Marketplace, an online marketplace that provides AWS customers the flexibility to sell their Amazon Elastic Compute Cloud (Amazon EC2) Reserved Instances to other businesses and organizations. Customers can also browse the Reserved Instance Marketplace to find an even wider selection of Reserved Instance term lengths and pricing options sold by other AWS customers. Hear about the marketplace and get some tips on cost optimisation in this presentation.

TRANSCRIPT

Amazon Web Services Update | London

November 2012

Reserved Instance Marketplace

Ianni Vamvadelis, Solutions Architect

Agenda • Reserved Instances - Reminder

• RI Marketplace 1. Register

2. Selling

3. Buying

4. Example

• Questions

Reserved Instances

Reserved Instance Options

Heavy Utilization RI

Medium Utilization RI

Light Utilization RI

1-year and 3-year terms

On-demand Instances

• Pay as you go

• Starts from $0.02/Hour

Reserved Instances

• Low upfront fee + lower hourly cost

• $23 for 1 year term and $0.012/Hour

Spot Instances

• Requested Bid Price and Pay as you go

• $0.005/Hour as of today at 9 AM

0

2

4

6

8

10

12

14

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

On Demand

Light Utilization RI

Medium Utilization RI

Heavy utilization RI

Optimize by using Reserved Instances

Example: M1.xlarge On Demand: $0.680 per Hour = $501.26/month

3 years = $18045.36

3 year RI: $2400 + 36 * $120.62

3 years = $ 6742.32

Reserved Instance Specifics

Availability Zone eu-west-1b

Instance Type M1.xlarge

Operating System Windows

Platform VPC

Term 3 Year

Reserved Instance

Marketplace

EC2: Reserved Instances

EC2: Sell Reserved Instances

EC2: Selling Reserved Instances

EC2: Purchasing Reserved Instances

EC2: Purchasing Reserved Instances

On Demand Cost:

= On Demand * 744 * 6

= $ 0.085 * 744 * 6

= $ 379.44

EC2: Example Saving

RI Cost = Upfront + Hourly

= $ 109.20 + ( 6 * (744* $0.025) )

= $ 109.20 + ( 6 * $ 18.60 )

= $ 109.20 + $ 111.60

= $ 220.80