Posted On: Aug 25, 2022
Today, Amazon EC2 launched 3-Year Standard Reserved Instances (RIs) and 1-Year Convertible RIs in Amazon Web Services China (Beijing) Region, operated by Sinnet.
Amazon EC2 RIs provide a discounted hourly rate and an optional capacity reservation for Amazon EC2 instances. Standard RIs provide the largest discount for a specific instance type over a long-term contract. Convertible RIs provide a smaller discount, but let you change to certain other instance types during the contract. For a comparison of Standard and Convertible RIs, see Types of Reserved Instances (offering classes).
In addition to the existing purchase options in Amazon Web Services China (Beijing) Region, operated by Sinnet – 1-Year Standard RIs and 3-Year Convertible RIs – customers may now purchase 3-Year Standard RIs and 1-Year Convertible RIs as well. 3-Year Standard RIs and 1-Year Convertible RIs provide discounts up to 79% and 69% off On-Demand prices, respectively. These RI options provide customers with more flexibility and also allow customers reduce their Amazon EC2 bill even further.