AWS Commitments…
Are a pricing model that can help reduce your bill by up to 72% in exchange for a 1- or 3-year commitment.
Can be optimized by committing to a longer term (3 years), paying all upfront, and being specific in the definition of the services/resources covered.
Can be shared with a set of AWS accounts within the same organization.
Can be reviewed through AWS Billing in Savings and Commitments section.
Subtitles are available in English, French and Spanish. Click here to get the full masterclass.
Commitment Types and Impacted Services
•Reserved Instances (RIs): RDS, EC2 (old way), Redshift, ElastiCache, OpenSearch, MemoryDB, DynamoDB.
•Savings Plans (SPs): EC2, Fargate, Lambda, SageMaker.
Example of Savings for a 3-year Compute Savings Plan.
