What you need to know about AWS Reserved Instance Marketplace

Tune in as our editors discuss the new Amazon Web Services (AWS) Reserved Instance Marketplace and whether other providers should follow suit.

Cloud capacity planning is a tricky business, particularly for Amazon Web Services customers. Users want to lock in the discounted rates of AWS Reserved Instances' one- or three-year terms -- often priced 20% to 40% lower than those of On-Demand Instances -- but they also want to avoid spending more money than they have to.

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Amazon has attempted to reconcile these competing demands with the launch of its Amazon Web Services (AWS) Reserved Instance Marketplace, which enables customers who have purchased and held Elastic Cloud Compute (EC2) instances as active for at least 30 days to list and sell the unused instances to other buyers. Amazon takes a 12% cut.

In this week-in-review podcast, join site editor Jessica Scarpati and news writer Gina Narcisi as they discuss this news and more from SearchCloudProvider.com for the week of Oct. 1, 2012:   


This was first published in October 2012

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