AWS Spot Instances: A Cloud Computing Cost Investigation Across AWS Regions
Keywords:
Amazon Web Services, Availability Zone (AZ), Elastic Compute Cloud, Regions, Spot Instances, Virtual MachinesAbstract
Renting virtual machines (VMs) on AWS offers cost-effective and scalable computing resources with global reach, allowing businesses to easily scale up or down based on their needs. With a wide range of VM types, robust security features, high reliability, and easy management tools, businesses can deploy VMs in multiple regions worldwide, ensuring optimal performance, security, and operational efficiency. Making a choice about these VM’s is an important task. This research paper analysed the costs of 17 different instances across 17 different regions in the AWS cloud platform. The analysis considered instances from three different groups, and in all three groups, us-east-2 had lower costs compared to other regions. Specifically, in the general-purpose instances category, us-east-2a consistently offered lower prices than other regions throughout the considered time period, with some fluctuations for certain instances. The m7g.2xlarge instance, available in limited regions, was found to be offered at a minimum cost in us-east-2. Additionally, randomly selected instances from different categories, also showed that us-east-2 had lower costs compared to other regions for most instances. Although t2.large instances were not available in us-east-2a, they were found to be cheaper in us-west-2. This research suggests that organizations seeking cost-effective cloud computing solutions may benefit from selecting us-east-2 as their preferred AWS cloud platform region.
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