AWS - Cost Optimization
Why might a company choose a Savings Plan over Reserved Instances despite similar cost savings?
Why might a company choose a Savings Plan over Reserved Instances despite similar cost savings?
hard📝 Conceptual Q10 of 15
Step-by-Step Solution
Solution:
Step 1: Compare flexibility of Savings Plans and Reserved Instances
Savings Plans allow discounts across instance types and regions, offering more flexibility.Step 2: Verify incorrect statements
Savings Plans do require commitment; Reserved Instances can be 1 or 3 years; Savings Plans are for compute, not storage only.Final Answer:
Savings Plans provide more flexibility across instance types and regions -> Option BQuick Check:
Flexibility advantage = A [OK]
Quick Trick: Choose Savings Plans for flexible instance and region discounts [OK]
Common Mistakes:
- Thinking Savings Plans have no commitment
- Believing Reserved Instances max term is 1 year
- Confusing Savings Plans with storage discounts
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