Cloudyn tool specs out Amazon cloud costs in advance

October 25, 2012 Off By David
Object Storage

Grazed from GigaOM. Author: Barb Darrow.

Which type of Amazon Web Services Reserved Instance should your company deploy and for what time period for any given job? These are the kinds of questions Cloudyn’s new calculator can help you sort out for yourself, the company said.

We all hear how inexpensive Amazon cloud computing services are. We also hear about how many companies spin up way more Amazon EC2 compute power than they need. The net, net, net, is that Amazon, as cheap as it is, could be cheaper if companies just buy and pay for what they need…

That’s where a tool like Cloudyn’s new Reserved Instance calculator might come in handy. It will let existing or potential Amazon customers run “what if” scenarios to determine which types of Reserved Instances to buy. This type of instance, booked in 1- or 3- year time periods, can be less expensive than Amazon’s on-demand instances, but the calculation is not all that straightforward given the variables — reserved instances come in configurations for light, medium and heavy utilization, for example…

Read more from the source @ http://gigaom.com/cloud/cloudyn-tool-specs-out-amazon-cloud-costs-in-advance/