Re:The Cost Savings Of Netflix's Internal Spot Market
by mgummelt on Tuesday December 05, 2017 @06:46PM
(#15857283)
Yes, but bursting -/-> spot market.
Re:The Cost Savings Of Netflix's Internal Spot Market
by hinkley on Tuesday December 05, 2017 @12:10PM
(#15853208)
The one universal truth in corporate America is that if your boss’s boss spent a million dollars on somehing, they’re going to make you ‘use’ it if it’s the last thing they do.
Because they worry it will be if they fail. See also multi year contracts for software that’s terrible.
Re:The Cost Savings Of Netflix's Internal Spot Market
by pc86 on Tuesday December 05, 2017 @01:28PM
(#15854222)
Netflix needs n instances to operate at peak capacity. The article is about them utilizing those pre-paid, necessary compute resources when the actual streaming they do requires a small fraction of n. I'm not sure how that has any correlation to multi year software contracts.
They have reserved a lot of instances in EC2.
https://aws.amazon.com/ec2/pricing/reserved-instances/
You can get a steep discount for reserving instances. A reserved instance is typically reserved for a number of years.
When these aren't in use, then they can put them into their video encoding pool and they are essentially free.
I guess they reserve lots of instances to make sure they have the capacity at peak times and to access some serious discounts.