Understanding spot pricing trends for a resilient and cost-efficient cloud
Now more than ever our customers are asking us for ways to reduce their public cloud spend. Customers are also asking us whether spot instances are still providing the high level of discount that they always have. The reality is that spot instance pricing is still very much based on supply and demand. Excess capacity from the cloud provider means availability can change within minutes. Therefore, you might see pricing for a particular market increase for a few months and then dip shortly thereafter.