See Spot Run: Using Spot Instances for Map Reduce Workflows
Source: University of California
MapReduce is a scalable and fault tolerant framework, patented by Google, for computing embarrassingly parallel reductions. Hadoop is an open-source implementation of Google MapReduce that is made available as a web service to cloud users by the Amazon Web Services (AWS) cloud computing infrastructure. Amazon Spot Instances (SIs) provide an inexpensive yet transient and market-based option to purchasing virtualized instances for execution in AWS. As opposed to manually controlling when an instance is terminated, SI termination can also occur automatically as a function of the market price and maximum user bid price.