{"id":9562,"date":"2020-04-08T15:59:23","date_gmt":"2020-04-08T08:59:23","guid":{"rendered":"http:\/\/54.151.235.32\/?p=9562"},"modified":"2021-03-03T17:55:46","modified_gmt":"2021-03-03T10:55:46","slug":"covid-19-cloud-availability-and-cost-management","status":"publish","type":"post","link":"https:\/\/renovacloud.com\/en\/covid-19-cloud-availability-and-cost-management\/","title":{"rendered":"COVID-19 \u2013 Cloud Availability and Cost Management"},"content":{"rendered":"

COVID-19 \u2013 Cloud Availability and Cost Management<\/span><\/p>\n

With the brick and mortar world shutting down due to Covid-19, our lives have literally moved online. With many applications and services running in the cloud, there is a massive strain not just on internet bandwidth. But also on cloud compute resources.<\/p>\n

So much that the EU asking Netflix and YouTube<\/a> to stop streaming HD content, Zoom<\/a> (which runs in part on AWS) seeing their daily users x4 as well as Google Hangouts<\/a> usage are rocketing.<\/p>\n

It becomes much more challenging now to ensure high availability while driving cloud-cost efficiency especially when more traffic and usage doesn\u2019t always translate into more revenue. Spot<\/a> and Renova Cloud<\/a> are partnering to help you best leveraging your cloud compute capacity and automating your workload provisioning.<\/b><\/p>\n

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Challenges with managing lower-cost reserved capacity and spot instances<\/h3>\n

Usually, many companies are looking to reduce costs will turn to long-term commitment, compute-pricing options such as reserved instances and savings plans. However, with Covid-19\u2019s impact still unknown, financial lock-in for 1 or 3 years can be a risky proposition.<\/p>\n

Leveraging cloud providers\u2019 highly affordable, excess capacity, such as\u00a0AWS\u2019s spot instances<\/a>, is attractive with zero lock-in. But the current, sustained spike in cloud consumption has made it extremely difficult to provision and hold onto spot instances. We’ve seens many companies, some who have tried the “do-it-yourself” approach of leveraging spot instances, needing for help.<\/p>\n

Let\u2019s take a closer look at the spot instance market in today\u2019s climate. And how you can successfully run your workloads, from single, stateful instances, to cloud-native clusters made up of thousands of nodes, affordably and reliably.<\/p>\n

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Unprecedented cloud market congestion<\/h3>\n

Since February 2020 with the marked escalation facing the Covid-19, we have seen the highest levels ever recorded of congestion across all AWS markets. This surge in online activity has even surpassed holiday periods that usually peak between October and December. Not only are more resources going up on our platform. We also see many AWS customers moving to spot instance markets as they look to increase savings from their infrastructure during this economically uncertain time.\u00a0 With more people at home, ordering, working and living life online, cloud computing resources are at a premium.<\/p>\n

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\"spot<\/a><\/p>\n

Spot instance replacement levels from April 2019 \u2013 April 2020. While this graph shows data from a single AWS region. It is representative of the trend we see in other AWS regions.<\/em><\/p>\n<\/div>\n

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Peeking under the hood \u2013 how Spot.io maintains high availability while keeping costs low<\/h3>\n

Spot has years of experience maintaining high availability for mission-critical applications during Black Friday, Cyber Monday and other cyclical spikes. You can be well-prepared for keeping cloud costs within budget all while handling extreme cloud market volatility.<\/p>\n

Here is how Spot does it:<\/p>\n