Module 2 Flashcards
Cloud Economics and Billing
three fundamental drivers of cost with AWS:
compute,
storage, and
outbound data transfer
Charged per hour/second*
Varies by instance type
*Linux only
Compute
Charged typically per GB
Storage
*Outbound is aggregated and charged
*Inbound has no charge (with some exceptions)
*Charged typically per GB
Data transfer
In most cases, there is no charge for ___ data transfer or for data transfer between other AWS services within the same AWS Region.
inbound
___ data transfer is aggregated across services and then charged at the ___ data transfer rate. This charge appears on the monthly statement as ____
Outbound
AWS Data Transfer Out
How do you pay for AWS?
*Pay for what you use
*Pay less when you reserve
*Pay less when you use more
*Pay even less as AWS grows
you pay for exactly the amount of resources that you actually need.
utility-style pricing model
Pay only for the services that you consume, with no large upfront expenses.
Pay for what you use
Invest in Reserved Instances (RIs) to save up to 75 percent
Pay less when you reserve
Reserved Instances are available in three options:
*All Upfront Reserved Instance (or AURI)
*Partial Upfront Reserved Instance (or PURI)
*No Upfront Payments Reserved Instance (or NURI)
When you buy Reserved Instances, you receive a greater discount when you make a larger upfront payment.
True
offer lower discounts, but they give you the option to spend less upfront.
Partial Upfront RIs
Invest in reserved capacity for these services
Amazon Elastic Compute Cloud (Amazon EC2)
Amazon Relational Database Service (Amazon RDS
Realize volume-based discounts:
*Savings as usage increases.
*the more you use, the less you pay per GB.
*Multiple storage services deliver lower storage costs based on needs.
Pay less by using more
*Tiered pricing for services like
Amazon Simple Storage Service (Amazon S3),
Amazon Elastic Block Store (Amazon EBS), or
Amazon Elastic File System (Amazon EFS)
As AWS grows:
*AWS focuses on lowering cost of doing business.
*This practice results in AWS passing savings from economies of scale to you.
*Since 2006, AWS has lowered pricing 75 times (as of September 2019).
*Future higher-performing resources replace current resources for no extra charge.
Pay even less as AWS grows
*Meet varying needs
*Available for high-volume projects with unique requirements
Custom pricing
Enables you to gain free hands-on experience with the AWS platform, products, and services. Free for 1 year for new customers.
AWS Free Tier
AWS also offers a variety of services for no additional charge
AWS Virtual Private Cloud (Amazon VPC)Z
AWS Identity and Access Management (IAM)
Consolidated Billing
AWS Elastic Beanstalk
AWS CloudFormation
Automatic Scaling
AWS OpsWorks
enables you to provision a logically isolated section of the AWS Cloud where you can launch AWS resources in a virtual network that you define
AWS Virtual Private Cloud (Amazon VPC)
controls your users’ access to AWS services and resources.
AWS Identity and Access Management (IAM)
is a billing feature in AWS Organizations to consolidate payment for multiple AWS accounts or multiple Amazon Internet Services Private Limited (AISPL) accounts*.
Consolidated Billing
Consolidated billing provides
*One bill for multiple accounts.
*The ability to easily track each account’s charges.
*The opportunity to decrease charges as a result of volume pricing discounts from combined usage.
*And you can consolidate all of your accounts using Consolidated Billing and get tiered benefits