What are the cost savings of using reserved instances?
An example of an AI chatbot conversation about cost savings of reserved instances.
What are the cost savings of using reserved instances?
Reserved instances can save you up to 75% compared to on-demand pricing, depending on the commitment term.
How do I determine if reserved instances are right for my business?
Consider your usage patterns. If you have steady, predictable workloads, reserved instances can be very cost-effective.
Are there different types of reserved instances?
Yes, there are standard and convertible reserved instances, each offering different flexibility and pricing options.
What happens if I don't use all my reserved instance hours?
Unused hours are not refundable, but you can still benefit from the lower rates during the commitment period.
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