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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.
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Agenda • Reserved Instances - Reminder
• RI Marketplace 1. Register
2. Selling
3. Buying
4. Example
• Questions
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
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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
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
Links: http://aws.amazon.com/ec2/reserved-instances/marketplace/
and http://aws.amazon.com/documentation/ec2