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EC2 Spot Instance Recommendations

EC2 instances in Amazon Web Services can often be optimized for cost by utilizing Spot Instances instead of On-Demand instances, particularly for workloads that can tolerate interruptions.

We identify potential Spot Instance opportunities through a comprehensive analysis of:

Usage Patterns

  • CPU utilization patterns
  • Network traffic (inbound and outbound)
  • Disk I/O operations
  • Instance uptime and scheduling requirements

Cost Analysis

  • Current On-Demand pricing
  • Current Spot Instance pricing
  • Potential monthly savings
  • Historical price stability

Recommendations

Based on the analysis, we provide recommendations for:

  • Converting to Spot Instances for workloads with flexible scheduling
  • Maintaining On-Demand instances for critical workloads
  • Considering Reserved Instances for predictable, long-running workloads

By regularly monitoring and evaluating your EC2 instances against these criteria, you can identify opportunities to:

  • Reduce EC2 costs significantly (often 50-90% compared to On-Demand)
  • Optimize resource allocation
  • Maintain appropriate instance types for your workload requirements

This proactive approach to instance type selection helps optimize your AWS costs while ensuring your workloads maintain the appropriate level of availability and performance.