Description: Amazon EC2 (Elastic Compute Cloud) is a cloud computing service that allows users to rent computing resources based on their needs. The pricing structure of Amazon EC2 is flexible and adapts to different usage models, enabling businesses to optimize their costs. There are several pricing categories: on-demand pricing, which allows users to pay for computing capacity by the hour or second, with no long-term commitments; reserved pricing, which offers significant discounts in exchange for a commitment to use for one or three years; and spot pricing, which allows users to take advantage of unused Amazon EC2 capacity at reduced rates, although with the risk that the instance may be interrupted if demand increases. This variety of pricing options allows organizations to choose the model that best fits their specific needs, whether for temporary workloads, critical applications, or long-term projects. Additionally, Amazon EC2 offers a wide range of instance types, each optimized for different tasks, allowing users to select the most suitable option for their applications and workloads.
