Elasticity; the ability to match demand to supply, is one of the fundamental properties of the cloud. If your business runs AWS EC2 instances that aren’t needed 24 hours a day, 7 days a week, you may be throwing money away. Amazon Web Services (AWS) Elastic Compute Cloud (EC2) instances that aren’t continuously performing some type of function (for example hosting a website) should be shut down to save costs.
Google is preparing to battle AWS on a new cloud front, having announced the beta release of an off-premise cold storage service to rival AWS’s Glacier. Google’s “Nearline” allows users to store data on the cloud that is infrequently accessed, but may need to be retrieved at a moment’s notice for disaster recovery purposes.
Stephen J Bigelow of TechTarget writes this week about the impact of cloud on IT budgets. Traditionally computing was capital-intensive and depended on on-site technology and staff. When a business needed a service, such as Microsoft Exchange, it would budget for servers, software licenses, and often infrastructure. The business would then wait for weeks (or months) for the servers delivery and installation which would then require deployment and testing. IT staff would assign user rights and if issues arose, IT would deal with them.