Amazon Elastic Compute Cloud (Amazon EC2)

Amazon web services has launched Amazon Elastic Compute Cloud (Amazon EC2) that provides resizable compute capacity in the cloud designed to make web-scale computing easier for developers.

“Amazon EC2 presents a true virtual computing environment, allowing you to use web service interfaces to requisition machines for use, load them with your custom application environment, manage your network’s access permissions, and run your image using as many or few systems as you desire.”

Earlier Amazon has introduced the Amazon Simple Storage Service (Amazon S3) that provided cheap web data storage for developers. Now the integrated usage of Amazon S3 and Amazon EC2 will enable developers to use these Amazon services well. Data transferred within the Amazon EC2 environment, or between Amazon EC2 and Amazon S3, is free of charge.

Amazon Elastic Compute Cloud (Amazon EC2) enables you to pay only for what you use. $0.10 per instance-hour consumed (or part of an hour consumed) or $0.20 per GB of data transferred outside of Amazon.