A company ingests and processes streaming market data. The data rate is constant. A nightly process that calculates aggregate statistics is run, and each execution takes about 4 hours to complete. The statistical analysis is not mission critical to the business, and previous data points are picked up on the next execution if a particular run fails.
The current architecture uses a pool of Amazon EC2 Reserved Instances with 1-year reservations running full time to ingest and store the streaming data in attached Amazon EBS volumes. On-Demand EC2 instances are launched each night to perform the nightly processing, accessing the stored data from NFS shares on the ingestion servers, and terminating the nightly processing servers when complete. The Reserved Instance reservations are expiring, and the company needs to determine whether to purchase new reservations or implement a new design.
Which is the most cost-effective design?
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