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How are AWS prices calculated?

Last updated on September 25, 2022 @ 5:32 pm

AWS prices are calculated in two ways: by using the AWS Marketplace and by using a bidding system. The AWS Marketplace is a searchable database of AWS services and related offers. A company can list an AWS service and specify the price they are willing to pay. Other companies can then bid on the service, and the company that bids the most is awarded the service.

PRO TIP: When calculating AWS prices, it is important to consider all of the factors that can affect the cost. These include the type of instance, the region, the size of the instance, and the duration of use.

The bidding system works in a similar way, with companies bidding on AWS services in order to receive them at a predetermined price. The bidding system is more common, as it allows companies to more easily find and acquire specific AWS services.

Madison Geldart

Madison Geldart

Cloud infrastructure engineer and tech mess solver.