- Commit a certain dollar amount per hour for 1 or 3 years
- Easiest way to setup long-term commitments on AWS
- EC2 Saving Plan
- Up to 72% discount compared to On-Demand
- Commit to usage of individual instance families in a region (e.g. C5 or M5)
- Regardless of AZ, size, OS, or tenancy
- All upfront ($$$), partial upfront ($$), no upfront ($)
- Compute Saving Plans
- Up to 66% discount compared to On-Demand
- Regardless of family, region, size, OS, tenancy, compute options
- Compute options: EC2, Fargate, Lambda
- Machine Laerning Saving Plans
- SageMaker, etc.
- Setup from the AWS Cost Explorer console