What are the benefits of reserved instances?
An example of an AI chatbot conversation about the benefits of reserved instances.
What are the benefits of reserved instances?
Reserved instances offer significant cost savings, predictable pricing, and capacity reservation for cloud resources.
How much can I save with reserved instances compared to on-demand pricing?
You can save up to 75% compared to on-demand pricing, depending on the instance type and commitment period.
Are there any downsides to using reserved instances?
Yes, the main downside is the commitment; if your needs change, you may not be able to adjust your reservation easily.
Can I sell my reserved instances if I no longer need them?
Yes, some cloud providers allow you to sell or transfer your reserved instances to other users.
What types of workloads are best suited for reserved instances?
Workloads with steady-state usage, like databases and web servers, are ideal for reserved instances.
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