Level 200: Pricing Models

Last Updated

May 2020

Authors

  • Nathan Besh, Cost Lead, Well-Architected
  • Spencer Marley, Commercial Architect
  • Paul Lambden, Principal Technical Account Manager

Feedback

If you wish to provide feedback on this lab, there is an error, or you want to make a suggestion, please email: costoptimization@amazon.com

Introduction

Commitment discounts offer lower prices when you make a commitment to a minimum amount of usage. Reserved Instances (RI’s) are available for RDS, RedShift, DynamoDB, Elasticache, and Elasticsearch (For EC2 - Savings Plans should be purchased). This hands-on lab will guide you through the steps to perform a Reserved Instance analysis, and make low risk, high return RI purchases at scale. The skills you learn will help you ensure your workloads utilize different pricing models in alignment with the AWS Well-Architected Framework.

Images/AWSCostReadme.png

Goals

  • Perform a Reserved Instance analysis
  • Make low risk, high return RI recommendations

Prerequisites

  • AWS Account Setup has been completed
  • Consistent usage in your account for more than 1 month to trigger a recommendation

Permissions required

Costs

  • There are no associated costs for this lab

Steps: