AWS Saving Plans - False Statement, Compute Saving Plans, EC2 Instance Savings Plans

AWS Saving Plans - False Statement

Question

AWS offers two savings plans to enable more savings and flexibility for its customers, namely, compute saving plans and EC2 Instance Savings plans. Which of the below statement is FALSE regarding Saving Plans?

Answers

Explanations

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A. B. C. D.

Answer: B.

Option A is INCORRECT.

The given statement is True.

Option B is CORRECT.

The given statement is False.

For China and Asia Pacific (Osaka-Local) Regions, currently the savings plans are not available.

Option C is INCORRECT.

The given statement is True.

Option D is INCORRECT.

The given statement is True.

https://docs.aws.amazon.com/savingsplans/latest/userguide/what-is-savings-plans.html#sp-ris

The correct answer is C. Savings plans will apply on ‘On-Demand Capacity Reservations' that customers can allocate for their needs.

Explanation:

AWS offers two savings plans to enable more savings and flexibility for its customers, namely, Compute Savings Plans and EC2 Instance Savings plans.

Compute Savings Plans are flexible, commitment-based plans for compute usage in AWS, such as AWS Lambda, AWS Fargate, and Amazon EC2 instances. They provide significant discounts (up to 66%) on the On-Demand prices of the compute usage covered by the plan. Compute Savings Plans apply automatically to any EC2 instance usage that matches the plan's attributes, regardless of instance family, size, AZ, OS, or tenancy.

EC2 Instance Savings Plans provide discounts (up to 72%) on EC2 instance usage in exchange for a commitment to use a specific instance family in a selected region. These plans provide the most significant discount on EC2 usage but require a commitment to use specific instance families, sizes, and regions.

Capacity Reservations are a feature that enables customers to reserve capacity for specific instances in a particular Availability Zone for any duration, up to three years. The reserved capacity is billed at a lower hourly rate than On-Demand instances. However, capacity reservations are not provided with Savings Plans.

Savings plans are available in all the regions where AWS offers compute services, and the prices for Savings Plans do vary depending on the hourly commitment amount. The hourly commitment amount represents the amount of compute usage the customer commits to use for the entire term of the plan.