Bidding for Highly Available Services with Low Price in Spot Instance Market

@inproceedings{Guo2015BiddingFH,
  title={Bidding for Highly Available Services with Low Price in Spot Instance Market},
  author={Weichao Guo and Kang Chen and Yongwei Wu and Weimin Zheng},
  booktitle={HPDC},
  year={2015}
}
Amazon EC2 has built the Spot Instance Marketplace and offers a new type of virtual machine instances called as spot instances. These instances are less expensive but considered failure-prone. Despite the underlying hardware status, if the bidding price is lower than the market price, such an instance will be terminated. Distributed systems can be built from the spot instances to reduce the cost while still tolerating instance failures. For example, embarrassingly parallel jobs can use the… CONTINUE READING
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