What is reserved instances pricing?
Reserved instances pricing allows you to reserve cloud resources for a specific term, usually at a lower cost.
How does it differ from on-demand pricing?
On-demand pricing charges you for resources as you use them, while reserved instances require an upfront commitment for a discount.
What are the benefits of using reserved instances?
Benefits include cost savings, predictable billing, and guaranteed capacity for your applications.
Can I change my reserved instances after purchasing?
Yes, you can modify or exchange reserved instances, but there may be limitations and fees involved.
Are there any risks associated with reserved instances?
The main risk is committing to a resource you may not fully utilize, which could lead to wasted costs.
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