A company needs to run a steady-state workload for a duration of 3 years and is seeking cost savings while maintaining flexibility to change instance families and regions when opportunities arise. Which compute purchasing option should they consider?
Spot Instances
Dedicated Hosts
Savings Plans
On-Demand Instances
AWS Savings Plans offer significant cost savings compared to On-Demand pricing for a commitment of 1 or 3 years, while providing flexibility to switch instance families, sizes, regions, and OS, unlike Reserved Instances which are more restrictive. This makes Savings Plans ideal for long-term steady-state workloads where some level of resource flexibility is needed.
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