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?
On-Demand Instances
Dedicated Hosts
Spot Instances
Savings Plans
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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