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Saving money in EC2

Saving money in EC2 - Amazon Web Services (AWS) Tutorial

From the course: AWS Essential Training for Developers

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Saving money in EC2

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- [Instructor] The instances that we just spun up, are called on demand instances, and we can turn them off at any time to stop accumulating billing charges. But, if you can help out AWS by telling them upfront what your usage will be over the next year, you can help AWS plan out their needed hardware capacity. And as a thank you, they'll give you some discounts on your usage. One way to do this, is through reserved instances. Reserved instances aren't actual EC2 instances, they're billing coupons you are purchasing for a specific instance type. For example, when you buy a T3 medium reserved instance, you're telling AWS you would like a coupon for the monthly discount off any one, on demand, T3 medium instance. And you can buy this coupon in three different ways. You can buy a coupon where you pay now for the entire T3 medium instance, for the next 12 months, or for the next three years. It's the biggest monthly discount,…

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