What are Spot Instances in AWS?

Spot Instances are a cost-effective solutions when consistent uptime of the instances is not an issue and continuous processing is not required.

  • Spot Instances are a cost-effective solutions when consistent uptime of the instances is not an issue and continuous processing is not required
  • A Spot Instance is an instance that uses spare EC2 capacity that is available for less than the On-Demand price.
  • Spot Instance runs whenever capacity is available and the maximum price per hour for our request exceeds the hourly price for a Spot Instance, also called as Spot Price.
  • Amazon EC2 terminates, stops, or hibernates the Spot Instance when Amazon EC2 needs the capacity back or the Spot price exceeds the maximum price for the request.
  • It provides a Spot Instance interruption notice, which gives the instance a two-minute warning before it is interrupted.
  • Spot Instances are ideal for – Batch Jobs, Optional Tasks, Data Analysis, CI/CD servers, Background processing etc.
  • Spot Instances are generally offered with upto 90% discount off the on-demand price
Ram
Ram

I'm a full-stack developer and a software enthusiast who likes to play around with cloud and tech stack out of curiosity. You can connect with me on Medium, Twitter or LinkedIn.

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