As reported on CNET, Amazon Web Services has announced a new pricing option that lets its customers take advantage of spare capacity within the EC2 infrastructure at variable, supply-and-demand-driven pricing.
The news has taken the cloud community by storm. For some, it represents the beginning of a long-anticipated move to market pricing for core IT infrastructure services.
While there is some truth to the importance of AWS spot pricing to the history of cloud computing, let's keep things in perspective: this pricing is set by Amazon, not any market. We are a long way from a true commodity market … Read more