Billing and Pricing Flashcards
1
Q
On-Demand Instance Pricing
A
Can be launched at any time for as long as needed, flat rate
Good for short term, test/dev environment
2
Q
Reserved Instance Pricing
A
Purchased for a set period of time for reduced cost
All upfront (1-5 years) is largest discount, followed by partial then no upfront
3
Q
Scheduled Instance Pricing
A
Recurring set time frame, even if unused
4
Q
Spot Instance Pricing
A
Bid for unused EC2 Compute space
Good if data can be interrupted
