What Is The Difference Between On-demand Instance And A Spot Instance

1.	What Is The Difference Between On-demand Instance And A Spot Instance?
Answer» Spot instance is SIMILAR to bidding and the price of bidding is known as Spot price. Both Spot and on-demand instances are pricing models. In both of them, there is no commitment for the exact TIME from the user end. Without upfront payment, Spot instance can be used while the same is not possible in case of On-demand instance. It needs to be PURCHASED first and the price is HIGHER than spot instance. Spot instance is similar to bidding and the price of bidding is known as Spot price. Both Spot and on-demand instances are pricing models. In both of them, there is no commitment for the exact time from the user end. Without upfront payment, Spot instance can be used while the same is not possible in case of On-demand instance. It needs to be purchased first and the price is higher than spot instance.

What Is The Difference Between On-demand Instance And A Spot Instance?

Answer»

Spot instance is SIMILAR to bidding and the price of bidding is known as Spot price. Both Spot and on-demand instances are pricing models. In both of them, there is no commitment for the exact TIME from the user end. Without upfront payment, Spot instance can be used while the same is not possible in case of On-demand instance. It needs to be PURCHASED first and the price is HIGHER than spot instance.

Spot instance is similar to bidding and the price of bidding is known as Spot price. Both Spot and on-demand instances are pricing models. In both of them, there is no commitment for the exact time from the user end. Without upfront payment, Spot instance can be used while the same is not possible in case of On-demand instance. It needs to be purchased first and the price is higher than spot instance.

Discussion

No Comment Found

Related InterviewSolutions

What Is The Significance Of Connection Draining?
Name The Services Which Can Be Used For Collecting And Processing E-commerce Data?
Compare Rds, Redshift, And Dynamodb?
When There Is A Need To Consider Provisioned Iops Than Standard Rds Storage In Aws?
Is It Possible To Use Direct Connect For Transferring The Objects From The Data Centers?
What Will Happen If The Content Is Absent In Cloud Front And A Request Is Made?
What Happens If The Aws Direct Connect Fails To Perform Its Function?
Is It Possible To Attach Multiple Subnets To A Route Table?
Why Are Subnets Required To Be Created?
Why Is It Not Possible To Change Or Modify The Private Ip Address Of An Ec2 Instance When It Is Running?