Reserved Instances

Reserved Instances (RIs) are a way for businesses to save money on cloud computing services by committing to use a specific amount of resources, like virtual servers, over a set period (usually one or three years). By reserving these resources in advance, companies get discounted rates compared to on-demand pricing. RIs provide cost predictability and can be customized based on needs, such as instance types and regions. They are ideal for steady, predictable workloads, helping organizations reduce overall cloud expenses while ensuring reliable access to computing power.