From the course: AWS Essential Training for Administrators

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EC2 purchasing options

EC2 purchasing options - Amazon Web Services (AWS) Tutorial

From the course: AWS Essential Training for Administrators

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EC2 purchasing options

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- [Instructor] When using Amazon EC2, a key administrative decision is to choose the pricing model. In a large organization, choosing the wrong pricing model for your EC2 instances can lead to significant overspending. So let's explore the different purchasing options so you can choose the right one for your workload and budget. The following purchasing options are available for EC2 instances: on-demand instances, spot instances, capacity reservations, reserved instances, savings plans, dedicated hosts and dedicated instances. With on-demand instances, you pay for compute capacity by the second with no long-term commitment. On-demand is your starting point. The price you see is what you pay, and you can launch or terminate instances at any time. This is the option you use when you haven't purchased any other option. On-demand instances are perfect for applications with short-term, irregular workloads that cannot…

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