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Amazon Elastic Compute Cloud

Amazon Elastic Compute Cloud (EC2) is a part of Amazon’s cloud-computing platform, Amazon Web Services (AWS), that allows users to rent virtual computers on which to run their own computer applications. EC2 encourages scalable deployment of applications by providing a web service through which a user can boot an Amazon Machine Image (AMI) to configure a virtual machine, which Amazon calls an “instance”, containing any software desired. A user can create, launch, and terminate server-instances as needed, paying by the second for active servers – hence the term “elastic”. EC2 provides users with control over the geographical location of instances that allows for latency optimization and high levels of redundancy. In November 2010, Amazon switched its own retail website platform to EC2 and AWS.

History

Amazon announced a limited public beta test of EC2 on August 25, 2006, offering access on a first-come, first-served basis.
Amazon added two new instance types (Large and Extra-Large) on October 16, 2007. On May 29, 2008, two more types were added, High-CPU Medium and High-CPU Extra Large. There were twelve types of instances available

Source: Wikipedia

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