Cost Optimization Strategies for EC2

How to reduce your AWS bill without sacrificing performance. Utilizing Spot Instances, Savings Plans, and Compute Optimizer.

SR
Sarkar Ripon
Jan 15, 2024 7 min read
Cost Optimization Strategies for EC2

The cloud promises pay-as-you-go, but without governance, it often becomes "pay-more-than-you-expected". EC2 is often the largest line item on an AWS bill.

Spot Instances

Spot instances utilize unused AWS capacity. They are up to 90% cheaper than On-Demand prices.

Savings Plans vs. Reserved Instances

Reserved Instances are legacy. Savings Plans are the modern standard with much more flexibility.

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