Cloud Computing: Want to buy or sell Amazon instances? Now you can
September 12, 2012
Grazed from GigaOM. Author: Barb Darrow.
Amazon — which knows a thing or two about online marketplaces — is launching one for Amazon Web Services customers who may have over-provisioned their EC2 reserved instances. Now they can buy or sell those instances with other AWS customers.
Amazon is sticking its toe into tricky new waters: It’s building a spot market for cloud computing resources with a new plan to let users buy and sell their Amazon cloud resources. This is tricky because previous attempts to navigate these waters haven’t done much. Enomoly tried a variation of this plan and Verizon has a patent for it, but there’s not been much traction…
But then again, Amazon knows a bit about cloud computing and a lot about online marketplaces, so things may go better. For companies that may have over stocked Amazon EC2 reserved instances, there’s now a way out: You can sell off your excess capacity on a new Amazon marketplace. Amazon reserved instances are less expensive than on-demand instances , but they’re sold on 1- and 3-year commitments and, as we all know, computing needs can change dramatically. This marketplace will facilitate reserved instance transactions between buyer and seller. Amazon will charge the seller a 12 percent service fee, according to the Amazon Web Services blog…
Read more from the source @ http://gigaom.com/cloud/want-to-buy-or-sell-amazon-instances-now-you-can/