While peers like Microsoft Azure, IBM SoftLayer and Google Cloud Platform have not yet started their choice for scheduling reserved VMs, Amazon web services have launched a new Scheduled Reserved Instances, which would allow customers to sign up at definite times and dates. AWS said that this new instances will offer potential rates which are five percent to ten percent lesser than rival On-Demand rates.

"Each Scheduled Reserved instance becomes active according to the schedule that you chose when you made the purchase," Amazon Web Services chief evangelist Jeff Bar said in a blog post. "They allow you to reserve capacity on a recurring basis with a daily, weekly, or monthly schedule over the course of a one-year term," Barr added. recurring

This new reserved instances allows tracking companies to enhance shipments and routes, banks to achieve value at risk calculations and animation studios to calculate intensive 3D rendering.

Venture Beat said that this new model is an additional option accessible to AWS' customer base. Amazon has lately fleshed out its other options except the old-style On-Demand Instances, which it started in 2006. AWS, at present, has two kinds of reserved instances including the standard reserved instances, which allows clients to reserve Elastic Compute Clod capacity for one or three year term.

According to Barr, this new reserved instances will be accessible from three Amazon regions, US West (Oregon), Europe (Ireland) and US East (Northern Virginia). Moreover, this new model will be available only through Amazon Web Services' M4, C4, R3 and C3 instances.

Recently, Amazon acquired Clusterk for running fault accepting applications on top of Amazon's Spot Instances. In September, one of AWS most noticeable competitor, Google Cloud Platform, launched Preemptible VMs which could be closed down at any time and cost low then the on-demand instances. Moreover, a wind farm, code named Amazon Wind Farm US Central is planned to begin operations in May 2017, ZDNet said.

According to the sources, the Scheduled Reserved Instances has a disadvantage. The clients should have to book their schedule for a sequence of per year term and the unused capacity during the period does not seem to be refundable.

The cloud computing unit of Amazon.com also announced that it has commenced operations in Indiana wind farm to provide electricity to several homes in the United States. The company said that the wind farm was constructed in partnership with the Pattern Energy Group.