What are the different pricing models in cloud computing

0 votes
If I'm planning a long-term project with consistent usage, which cloud pricing model would be most cost-effective?
Nov 18 in Cloud Computing by Priyanka
• 4,500 points
39 views

1 answer to this question.

0 votes

Cloud computing offers pricing models that suit the differing needs of users. Here are the key ones:

  • Pay-as-you-go: You pay only for what you use, such as storage or compute hours, which is ideal for variable workloads.

  • Reserved Instances: To save money, you can commit to using specific resources over a fixed period, usually one or three years.

  • Spot Pricing: Here, you acquire unused cloud capacity at lower prices but with interruptions. This option is suitable for flexible, non-critical workloads.

  • Subscription: It provides fixed costs that entail paying a flat fee for resources over time.

  • Free Tier: Most suppliers provide minimal resources for free that a user can use to tinker and learn.

Each supports specific business and workload needs.

answered Nov 18 by Naveen

Related Questions In Cloud Computing

0 votes
0 answers
0 votes
0 answers

What are the most common job titles in cloud computing?

I'm new to cloud computing and want ...READ MORE

Nov 27 in Cloud Computing by Priyanka
• 4,500 points
27 views
0 votes
2 answers

What are the different types of cloud?

There are generally three main types of ...READ MORE

answered Jun 16, 2023 in Cloud Computing by Khan Sarfaraz
• 700 points
2,731 views
0 votes
1 answer

Can Some one tell me what are the Various Layers in Cloud Architecture?

These are the layers you should know ...READ MORE

answered Jul 18, 2018 in Cloud Computing by DragonLord999
• 8,450 points
898 views
0 votes
1 answer

What are the different ways to send a request to Simple Storage Service in AWS?

There  are two ways: Using REST API Using AWS ...READ MORE

answered Jul 23, 2018 in Cloud Computing by brat_1
• 7,200 points
831 views
0 votes
1 answer

What is the difference between elasticity and scalability in Cloud Computing?

Hi@akhtar, These two terms are sound similar. But ...READ MORE

answered Dec 16, 2020 in Cloud Computing by MD
• 95,460 points
1,555 views
0 votes
0 answers
0 votes
1 answer

What are the most popular cloud service models?

Below you can see the most popular ...READ MORE

answered Nov 18 in Cloud Computing by Saani
38 views
0 votes
1 answer

What describes the relationship between edge computing and cloud computing?

Edge computing and cloud computing are two ...READ MORE

answered Oct 19, 2023 in Cloud Computing by anonymous
• 3,360 points
645 views
webinar REGISTER FOR FREE WEBINAR X
REGISTER NOW
webinar_success Thank you for registering Join Edureka Meetup community for 100+ Free Webinars each month JOIN MEETUP GROUP