A company standardized on a particular EC2 instance family and sizes for an application. The company wants to maximize cost savings for the application over the next 3 years but may need to change the instance family and sizes within the next 6 months based on usage. Which purchasing option will meet these requirements MOST cost-effectively?
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Correct answer: Compute Savings Plan.
Why this is the answer
The Compute Savings Plan is the most cost-effective option because it offers the greatest flexibility. It provides significant discounts (up to 66%) over On-Demand prices in exchange for a commitment to a consistent amount of compute usage (measured in USD/hour) for a 1-year or 3-year term. This plan automatically applies to any EC2 instance family, size, Availability Zone, region, operating system, or tenancy, as well as Fargate and Lambda usage. This flexibility allows the company to change instance families and sizes within the 3-year period without losing the cost benefits. EC2 Instance Savings Plans offer higher discounts but are less flexible, applying only to a specific instance family in a given region. Zonal Reserved Instances and Standard Reserved Instances are even less flexible, locking in specific instance types and Availability Zones (for Zonal RIs) or regions (for Standard RIs), making them unsuitable for potential instance family/size changes.
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