What are the benefits of AWS Savings Plans?
AWS Savings Plans offer flexible pricing models that can save you up to 72% on your AWS usage compared to on-demand pricing.
How do Savings Plans differ from Reserved Instances?
Savings Plans provide more flexibility than Reserved Instances, allowing you to apply your discount across any AWS service, whereas Reserved Instances are tied to specific instance types.
Can I change my Savings Plan after purchasing it?
No, once you purchase a Savings Plan, the terms are fixed. However, you can purchase additional plans to adjust your savings.
Are there any commitments with AWS Savings Plans?
Yes, Savings Plans require a commitment to a specific amount of usage (measured in $/hour) for a one or three-year term.
How can I calculate my potential savings with Savings Plans?
You can use the AWS Pricing Calculator to estimate your savings based on your current usage patterns.
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