What are AWS Savings Plans and how do they differ from Reserved Instances?

AWS Cloud Practitioner Medium

AWS Cloud Practitioner — Medium

What are AWS Savings Plans and how do they differ from Reserved Instances?

Key points

Savings Plans based on usage amount, Reserved Instances on specific types
Savings Plans offer up to 72% discount
Reserved Instances lock to instance families, regions, OS
Savings Plans provide more flexibility
Reserved Instances are more restrictive

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