Amazon EC2 reserved instances are popular and have been so over the last decade since they were announced in 2009. Reserved instances gave users a new way to consume EC2 on AWS. Recently AWS has announced a new savings plan for their compute services similar to how they bill reserve instances.
Reserve instances (RIs) work by offering a discount by the user purchasing the resources for a prolonged period of time, typically 1 to 3 years. Unlike their on-demand counterparts, users have to pay for the resources whether they are used or not. So with a little planning, organizations can save quite a bit taking this route. And since the landscape is dynamic by nature, AWS has made updates to make reserved instances more flexible with things like reginal benefits, convertible RIs (allowing users to change the OS or instance type when needed), and instance size flexibility.
Now AWS is moving Reserved Instances beyond EC2 to their compute services as well. Basically, users can reserve a set amount of compute services for a period of 1 to 3 years for a discount. If they happen to go over the set amount, they will then be charge the On Demand (and higher) price. Now AWS offers two savings plans:
Interested parties can leverage AWS Cost Explorer to help them choose the best savings plan for their needs.
Availability
The new savings plans are available now in all AWS regions outside of China.
Dell Technologies is advancing its data protection portfolio to enhance cyber resiliency across appliances, software, and as-a-service offerings amid rising…
Since its launch in 2019, the Cray ClusterStor E1000 Storage System has emerged as a pivotal technology in the field…
Quantum Corporation has introduced Quantum GO, a subscription service designed to meet the escalating data demands and cost considerations enterprises…
JetCool has launched an innovative liquid cooling module tailored for NVIDIA's H100 SXM and PCIe GPUs, claiming a significant advancement…
iXsystems has launched the TrueNAS Enterprise H-Series platforms, designed to give organizations ultimate performance. The H10 model is now available,…
Hannover Messe 2024 represents a significant event in the global industrial sector, serving as the world's largest industrial trade fair.…