Savings Plans

Savings Plans are flexible, cost-saving programs offered by cloud providers like AWS, allowing you to reduce your cloud service costs in exchange for committing to a consistent level of usage over time—typically one or three years. By agreeing to a steady spend amount or a specific resource usage, you benefit from lower rates compared to pay-as-you-go pricing. This helps organizations control expenses, plan budgets more accurately, and optimize resource consumption while maintaining flexibility to adjust services as needed.