Let’s Save on AWS Cloud with Right Pricing Models

Posted By:insisivecloud
Posted on:23 Jun 2019

Amazon Web Services (AWS) offers several princing models depending upon the product usage.

There are three types of pricing models; these include:

1. On-Demand Instance: These instances come with no long-term commitments; it allows you pay for compute or database capacity.

2. Spot Instances: These instances follow mainly AWS EC2 pricing mechanism. It allows you to purchase the spare computing machines in an hourly rates with heavy discounted prices.

3. Reserved Instances: These instances provide you with the ability to receive a greater discount, up to 75 percent, by paying for capacity ahead of time.

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