AWS have introduced Load balancer for AWS application loads

Amazon Web Services have a newly introduced Load balancer which will give the developers greater control over their container-based apps and services. Previously customers would operate Elastic Load Balancing (ELB) which is layer 4 and now the newly load balancer has come up with layer 7. The pricing model is much cheaper than the earlier one; 10 percent less by an hourly rate. Cloud floaters can use containers with the help of Application load balancer.  Application Load Balancer allows one instance to host different containers with multiple ports which also checks the health levels. This will give the AWS customers more flexibility in cost optimization and can easily increase their performance speed by using AWS cloud computing services.