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AWS Update | London - Reserved Instance Marketplace

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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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AWS Update | London - Reserved Instance Marketplace

  1. 1. Amazon Web Services Update | LondonNovember 2012
  2. 2. Reserved Instance Marketplace Ianni Vamvadelis, Solutions Architect
  3. 3. Agenda• Reserved Instances - Reminder• RI Marketplace 1. Register 2. Selling 3. Buying 4. Example• Questions
  4. 4. Reserved Instances
  5. 5. Reserved Instance Options On-demand Reserved Spot Instances Instances Instances • Pay as you go • Low upfront fee + • Requested Bid lower hourly cost Price and Pay as • Starts from • $23 for 1 year you go $0.02/Hour term and • $0.005/Hour as $0.012/Hour of today at 9 AM 1-year and 3- year terms Heavy Medium Light Utilization RI Utilization RI Utilization RI
  6. 6. Optimize by using Reserved Instances 14 12 10 On Demand Light Utilization RI 8 Medium Utilization RI Heavy utilization RI 6 4 2 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
  7. 7. 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
  8. 8. Reserved Instance Specifics Availability Zone eu-west-1b Instance Type M1.xlarge Operating System Windows Platform VPC Term 3 Year
  9. 9. Reserved Instance Marketplace
  10. 10. EC2: Reserved Instances
  11. 11. EC2: Sell Reserved Instances
  12. 12. EC2: Selling Reserved Instances
  13. 13. EC2: Purchasing Reserved Instances
  14. 14. EC2: Purchasing Reserved Instances
  15. 15. EC2: Example SavingRI Cost = Upfront + Hourly On Demand Cost: = $ 109.20 + ( 6 * (744* $0.025) ) = On Demand * 744 * 6 = $ 109.20 + ( 6 * $ 18.60 ) = $ 0.085 * 744 * 6 = $ 109.20 + $ 111.60 = $ 379.44 = $ 220.80
  16. 16. Links:http://aws.amazon.com/ec2/reserved-instances/marketplace/ and http://aws.amazon.com/documentation/ec2

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