From the course: Amazon Web Services: Exploring Business Solutions

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AWS pricing

AWS pricing

Significant variable costs can be one of the most frustrating aspects of technology. Most technology objectives now include a best guess cost estimate. This kind of estimation can lead to over provisioning, expensive hardware or even worse, not enough hardware to cover the growth of the business. The former is a waste of money and the latter can sink the company. The wager of technology costs has made Elastic Computing the holy grail of technology. Elastic Computing can scale computing up and down in response to need. Elastic Computing can then offer cost controls based on actual use. Companies no longer need to pay for hardware and software they don't use, nor do they have to face the crushing threat of a spike in use. Elastic Compute structures are a massive advantage over hardware ownership costs. Fortunately, Amazon provides a cost estimator that can align budgets and projections, equipping customers with total cost ownership, or TCO tools, enables customers and potential…

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