12/30/2023 0 Comments Ec2 pricing![]() The saving plans pricing model was developed and launched in 2019. You have to pay for an instance regardless of the actual usage.You have to make a long-term commitment.This model is more user-friendly compared to Spot Instances.You may save up to 72% by making a long term commitment.How AWS pricing works in this case is that instead of requesting an instance, you reserve it for a long term (1-3 years) and pay for it regardless of the actual use. In this case, you also use a requested instance, but you shouldn’t request it any time you need to use it. This model is a bit similar to the previous one. How to Reduce Your AWS Bill: 7 Proven Ways Your instance may be terminated at any time.Following this model is challenging, especially if you are just getting started with cloud management.The approach is suitable for failure-resistant operations, for example, for web servers or CI/CD.However, the model is tricky since your instance may be terminated any time - you will get a notification about the termination two minutes before. Compared to the on-demand pricing model, Spot Instances allow you to save up to 90%. This is quite an interesting pricing model since, in this case, you should request a spare computing capacity and use it almost for free. You may quickly run out of budget, and in this case, this model can turn into the most expensive one, even despite its flexibility.This is the most flexible pricing approach.This model is good when you expect that the working load on the cloud may change.You aren’t obliged to make a long-term commitment.The model seems clear, but it has its pros and cons as well. In terms of AWS, you have to pay for computing capacity per hour or per second. According to it, you are paying for the resources you are actually using day after day. This is the most intuitive pricing model that is behind most of the SaaS services. Let’s take a more detailed look at the pricing models you may follow when using Amazon Web Services. ![]() Depending on your business specifics, you can choose from four AWS pricing models.
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