What are AWS EC2 Reserved Instances?
AWS EC2 Reserved Instances are a pricing model that allows you to reserve capacity for your EC2 instances at a lower cost.
How do they differ from On-Demand Instances?
On-Demand Instances are billed by the hour or second, while Reserved Instances require a commitment for a one or three-year term, offering significant savings.
What are the benefits of using Reserved Instances?
The main benefits include cost savings, capacity reservation, and flexibility in instance types and sizes.
Can I modify or cancel my Reserved Instances?
Yes, you can modify your Reserved Instances, but cancellations are subject to specific terms and conditions.
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