From the course: AWS Certified Cloud Practitioner (CLF-C01) Cert Prep: 4 Billing and Pricing

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Types of charges

Types of charges - Amazon Web Services (AWS) Tutorial

From the course: AWS Certified Cloud Practitioner (CLF-C01) Cert Prep: 4 Billing and Pricing

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Types of charges

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- [Narrator] One of the biggest alerts of cloud computing platforms is the pay-as-you-go model for resources. Instead of having the huge upfront cost of buying physical service and setting up a data center that has to be maintained. Cloud computing platforms like AWS only charge for resources as you use them. You can easily scale your resources up or down to suit your businesses demands and only be billed for the resources you consume. The three fundamental drivers of costs with AWS are compute, storage, and outbound data transfer. For compute resources, you pay hourly from the time you launch a resource until the time you terminate it. Think about virtual servers you would pay for the amount of time the server is up and running. For data stores or transfer, you typically pay per gigabyte. An example would be storing profile images uploaded to your app for a social media application on the Cloud. You'll pay more if you have more users uploading images because you're using more space…

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