Snapshot – How to Best Manage Cloud Costs

Use discount cloud instances. Just as they offer storage tiers at different price points, most cloud providers also allow users to run virtual servers at discounted prices under certain conditions. For example, AWS offers what it calls Spot Instances, which provide access to spare infrastructure on the AWS cloud; these cost up to 90% less than if the same infrastructure were accessed on demand. The catch is that the availability of these types of instances is not guaranteed. They are thus not a good fit for workloads that need to run constantly, such as with the hosting of a web app.

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