With AWS EC2, you pay for the compute time based solely on your usage.
It provides various pricing options to suit different needs.
On-Demand Instances are ideal for short-term workloads, requiring no upfront costs or minimum purchase commitments.
These instances operate until you choose to stop them, and you only pay for the resources you use.
The savings plan involves a commitment to usage over a 1-year or 3-year term, providing a discounted price in exchange for this commitment.
If you exceed the budget, the costs revert to standard (on-demand) pricing.
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You will explore AWS Cost Explorer in more detail later in this tutorial. AWS Cost Explorer is a tool designed to assist with planning usage in the AWS Cloud. |
This pricing model is ideal for workloads with flexible start and end times that can tolerate interruptions.
Spot Instances can offer savings of up to 90%.
The discount is due to AWS’s ability to optimize its capacity, allowing you to benefit from lower prices.
Dedicated Hosts are physical servers exclusively allocated to you, allowing you to utilize your existing VM software licenses.
This is the most expensive pricing model available.