7 Ways to Save Costs on Amazon EC2 Instances
When creating Amazon EC2 instances, you can choose from 28 types depending on your budget and needs. Here are seven ways to significantly cut your Amazon EC2 costs.
April 26, 2021
If your organization uses the Amazon cloud, Amazon EC2 costs are probably a large part of your cloud bill. In this article, I explain the basics of EC2 pricing and suggest straightforward ways to reduce EC2 costs without impacting your workloads.
What are EC2 Instances?
Elastic Compute Cloud (EC2) instances are virtual servers that can be used to run applications on Amazon Web Services (AWS).
When creating instances, you can choose from 28 instance types, providing different levels of CPU, memory, and networking resources, depending on your budget and needs. Instance types fall into five main categories: General, Compute Optimized, Memory Optimized, Accelerated Computing, and Storage Optimized.
You create EC2 instances using an Amazon Machine Image (AMI). The AMI contains the operating system and other preconfigured settings. AWS includes a variety of pre-built AMI templates that can be obtained directly through AWS or on the AWS Marketplace. You can also create your own AMIs for custom configurations.
Amazon EC2 Instance Pricing Models
Amazon EC2 provides the following pricing models for compute instances:
Free tier