Am important but often times overlooked part of Amazon Web Services known as Spot Instances allows you to name your price for using pieces of servers in Amazon’s cloud. A startup by the name of ClusterK has found a way to utilize these instances in away that makes it so that you can run complex apps for a fraction of the cost of running it on Amazon’s more popular services. 

The engineers at startup ClusterK know a heck of a lot about an often overlooked part of popular cloud provider Amazon Web Services called Spot Instances, where you can name your price for using slices of servers in the Amazon cloud. ClusterK has figured out a way to run complex applications on these Spot Instances for a tiny fraction of the cost of running it on Amazon’s more popular on-demand instances. Dmitry Pushkarev, ClusterK’s chief executive, told VentureBeat in an interview that his startup can give companies “90 percent off the Amazon price.” Which is huge. Companies are already keen on lowering their bills when it comes to running their applications in the public cloud, whether they’re for internal use or external consumption. The cloud price wars, where Amazon, Google, and Microsoft, and other companies are challenging each other, have made this clear, and optimizations with spot instances could be considered a new way to achieve that nirvana.