Dear All,
I finally figured out how to setup and run a scalable server with Amazon EC2 (Elastic Compute Cloud). It sounded to me like the ideal platform for an algorithmic strategy since it would be very reliable and could also temporarily boost computational power for an occasional optimization or market scanning procedure. However, based on my testing, it was pretty slow. Big disappointment since it was so challenging to set up. It is definitely not as instantly scalable as Amazon makes it sound- you can fundamentally see why if you setup an instance on your own; basically it takes about 10 minutes to bring more processing power online and it is done manually by booting up a slave server to help the first one.
In the data mining application I used as a benchmark it was consistently 25% slower than my tiny laptop over ten iterations. Screenshots and more details are on maxdama.com.
Has anyone else tried EC2 or some other CoLo host/virtual server as a system platform and gotten better results? I'd really like an alternative to my laptop with its wireless internet.
Regards,
Max
I finally figured out how to setup and run a scalable server with Amazon EC2 (Elastic Compute Cloud). It sounded to me like the ideal platform for an algorithmic strategy since it would be very reliable and could also temporarily boost computational power for an occasional optimization or market scanning procedure. However, based on my testing, it was pretty slow. Big disappointment since it was so challenging to set up. It is definitely not as instantly scalable as Amazon makes it sound- you can fundamentally see why if you setup an instance on your own; basically it takes about 10 minutes to bring more processing power online and it is done manually by booting up a slave server to help the first one.
In the data mining application I used as a benchmark it was consistently 25% slower than my tiny laptop over ten iterations. Screenshots and more details are on maxdama.com.
Has anyone else tried EC2 or some other CoLo host/virtual server as a system platform and gotten better results? I'd really like an alternative to my laptop with its wireless internet.
Regards,
Max