Markets in compute power, much talked about by me and others are now it seems finally here (from The Economist:)
Fundamentally, SpotCloud works like other spot markets. Firms with excess computing capacity—operators of data centres, cloud providers, hosting firms—put it up for sale. Others, who have a short-term need for some number-crunching, can bid for it. Enomaly takes a cut of between 10% and 30% depending on the size of the deal. But there is an important difference: SpotCloud is what Enomaly calls an “opaque market”, meaning that the firms offering capacity do not have to reveal their identity. Thus selling computing services for cheap on SpotCloud does not cannibalise regular offerings.
Our friends at Timetric are already tracking historical spot pricing for AWS, and I hope they’ll be able to do the same for the SpotCloud historical data.
Who says we aren’t living in interesting times?
- Matchmaking for the Cloud (technologyreview.in)
- A Service Similar to Google Adwords and Google AdSense – But for the Cloud (readwriteweb.com)
- SpotCloud Launches Today: What Kind Of An Impact Will It Have? (cloudave.com)