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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.
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
- Log in as the Cost Optimization team, created in AWS Account Setup
Costs
- There are no associated costs for this lab