Spot markets are defined as the supply and demand for a specific instance type, at a specific spot price in a specific availability zone, for a specific product (e.g., Linux or Windows). Spot markets are ranked by Elastigroup based on real-time and historical data on availability and cost, enabling Elastigroup to predict interruptions to instances in a market up to an hour in advance during peak business hours. This advance notification on upcoming interruptions is what triggers the spot instance replacement and ensures the continuous availability of your workloads.
Follow below for an example:
Spot Markets then feed into our Predictive Rebalancing Feature –>