Cost and Utilization Optimization of Amazon EC2 Instances

The monitoring and the analysis of public clouds gains momentum, due to their widespread exploitation by individual users, researchers and companies for their daily tasks. We propose an algorithm for optimizing the cost and the utilization of a set of running Amazon EC2 instances by resizing them appropriately. The algorithm, namely Cost and Utilization Optimization (CUO) algorithm, receives information regarding the current set of instances used (their number, type, utilization) and proposes a new set of instances for serving the same load, so as to minimize cost and maximize utilization, or increase performance efficiency. CUO is integrated in Smart cloud Monitoring (SuMo), an open-source tool we develop for collecting monitoring data from Amazon Web Services (AWS) and analyzing them. A number of experiments are performed, using input data that correspond to realist AWS configuration scenarios, which exhibit the benefits of the CUO algorithm.