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Amazon’s New Pricing Makes Cloud More Affordable


Amazon has done it again! They reduced the price for the 19th time in the last six years. The latest price reduction is significant because it impacts Amazon EC2 which is the most popular service of AWS.

You can consume Compute on the AWS Cloud in one of the three forms; 1) On-demand which is available in a pay-as-you-go model, 2) Reserved Instances where you commit for a term of one or three years to enjoy discount on the hourly charges and, 3) Spot Instances where you bid for the unused capacity. Recently, AWS has introduced three types of Reserved Instances that aligns with the utilization pattern of your workload. By effectively leveraging these models, you can realize significant savings on your Compute bill.

The new pricing structure varies by the instance type and region and impacts both Linux and Windows instances. According to Jeff Barr, the cost of running a website on an m1.small instance was $876 an year in 2006 which will now cost only $250!

Read the complete article at CloudStory.in

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Janakiram MSV heads the Cloud Infrastructure Services at Aditi Technologies. He was the founder and CTO of Get Cloud Ready Consulting, a niche Cloud Migration and Cloud Operations firm that recently got acquired by Aditi Technologies. In his current role, he leads a highly talented engineering team that focuses on migrating and managing applications deployed on Amazon Web Services and Microsoft Windows Azure Infrastructure Services.
Janakiram is an industry analyst with deep understanding of Cloud services. Through his speaking, writing and analysis, he helps businesses take advantage of the emerging technologies. He leverages his experience of engaging with the industry in developing informative and practical research, analysis and authoritative content to inform, influence and guide decision makers. He analyzes market trends, new products / features, announcements, industry happenings and the impact of executive transitions.
Janakiram is one of the first few Microsoft Certified Professionals on Windows Azure in India. Demystifying The Cloud, an eBook authored by Janakiram is downloaded more than 100,000 times within the first few months. He is the Chief Editor of a popular portal on Cloud called www.CloudStory.in that covers the latest trends in Cloud Computing. Janakiram is an analyst with the GigaOM Pro analyst network where he analyzes the Cloud Services landscape. He is a guest faculty at the International Institute of Information Technology, Hyderabad (IIIT-H) where he teaches Big Data and Cloud Computing to students enrolled for the Masters course. As a passionate speaker, he has chaired the Cloud Computing track at premier events in India.
He has been the keynote speaker at many premier conferences, and his seminars are attended by thousands of architects, developers and IT professionals. His sessions are rated among the best in every conference he participates.
Janakiram has worked at the world-class product companies including Microsoft Corporation, Amazon Web Services and Alcatel-Lucent. Joining as the first employee of Amazon Web Services in India, he was the AWS Technology Evangelist. Prior to that, Janakiram spent 10 years at Microsoft Corporation where he was involved in selling, marketing and evangelizing the Microsoft Application Platform and Tools.