EC2 costs 4 times higher than running internal cluster: "The monthly bills however became more and more eye-popping ($70,000/month and growing), and some rough back of the envelope calculations led me to believe that what we were paying for storage and compute was excessive.
The long and the short of it is that Amazon’s EC2 service is 380% more expensive than running our own hardware. Of course EC2 can be provisioned on demand, but such a large multiple certainly makes having an internal cluster a key part of our ongoing Hadoop strategy. Read on for our story…
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'via Blog this'
