Marketplace will allow greater elasticity and scalability for customers’ cloud computing needs, Amazon says

AWS announces Reserved Instances Marketplace
Amazon Web Services has launched a marketplace for its customers to sell their unused cloud computing resources, reports Tom’s IT Pro.
Customers pay a one-time fee to reserve capacity for a certain term and can then, for example, sell their unusued capacity if their project ends before it’s needed.

Customers are normally able to sell up to $50,000 in reserved instances every year, according to Amazon (though this figure can be raised upon request). They can be sold as long as they’ve been active for 30 days, and Amazon will collect 12 per cent of the sale price. 

With definitions of what “cloud” means still fairly murky, this new feature exemplifies what a public cloud is really about: elasticity and scalability. For Amazon customers, this adds a new dimension what those mean, as the pay-per-use model is becoming more robust.
 
RELATED CONTENT
 
 
Related Download
Stock exchange lowers latency and increases availability with HP Sponsor: HP
Stock exchange lowers latency and increases availability with HP
This case study provides an overview of why the National Stock Exchange turned to HP to meet specific needs for a next-generation server and storage infrastructure with high availability and ultra-low latency to support online transaction processing and data warehouse solutions.
Register Now
Share on LinkedIn Share with Google+ Comment on this article