What is Reserved Instance?
Reserved Instance A cloud resource, typically compute, purchased at a discounted rate in exchange for a commitment to a specific instance type and region over a set term, as detailed in cloud provider documentation.
Source: ITIL v4, AWS Well-Architected Framework, Kubernetes Documentation, CNCF
How is “Reserved Instance” Used in Practice?
Reserved instances provide substantial savings for predictable workloads compared to on-demand pricing.
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Who Needs to Know This Term?
- DevOps Engineers
- SREs
- Platform Engineers
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What is Reserved Instance?
A cloud resource, typically compute, purchased at a discounted rate in exchange for a commitment to a specific instance type and region over a set term, as detailed in cloud provider documentation.
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