What are EC2 Reserved Instances and how do they work?
An example of an AI chatbot conversation about EC2 Reserved Instances and their benefits.
What are EC2 Reserved Instances and how do they work?
EC2 Reserved Instances are a pricing model that allows you to reserve capacity for Amazon EC2 instances. You commit to using a specific instance type in a specific region for a one or three-year term, which can lead to significant cost savings.
What are the benefits of using Reserved Instances?
The main benefits include cost savings compared to on-demand pricing, the ability to reserve capacity, and flexibility in instance types and sizes.
Can I change my Reserved Instance type after purchasing?
Yes, you can modify your Reserved Instances to change the instance type, size, or availability zone, but there may be limitations and fees.
How do I purchase EC2 Reserved Instances?
You can purchase EC2 Reserved Instances through the AWS Management Console, CLI, or API by selecting the instance type, term, and payment option.
Are there any risks associated with Reserved Instances?
Yes, the main risk is committing to a long-term contract without knowing if your usage will change. It's important to analyze your needs before purchasing.
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