If you are an IT professional, you may not need any introduction to AWS. chances are you might already be using it. Well, Amazon has become a household name today and it is not only known for its eCommerce service.
Amazon Web Services or AWS is one of its most profitable subsidiaries. It was the first of its kind to leverage the power of cloud computing and offer advanced cloud services. This is the reason AWS has millions of active users across the world and grabs the highest share of the overall cloud services market, quite ahead of its peers.
Cloud computing allows computational resources to be accessed over the internet without any need for their installation on a local system. These computational resources could be Infrastructure, Software, or even Platform, paving the way for three types of cloud services – Infrastructure as Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). Talking specifically about AWS, this cloud service provider offers over 200 fully-functional cloud services ranging from compute, hosting, networking, to advanced services related to emerging technologies like big data analytics, virtual reality, artificial intelligence, machine learning, the Internet of Things (IoT), among other.
Today, AWS has become so popular that people are pursuing AWS training to increase their knowledge in this domain and demonstrate their cloud skills. The demand for AWS skills is high because many companies, regardless of their size, are now using this cloud platform to become more agile, reduce costs, and innovate faster.
If you are a business trying to understand how much would AWS cost you, then you should read this article. We have discussed AWS Pricing and how much it will cost you based on the type of services you use.
AWS Pricing (Updated 2022)
AWS works on a pay-as-you-go model, meaning you only need to pay for the individual services you use for a given time. Unlike traditional approaches where companies had to pay huge upfront costs, AWS services can be subscribed to at much lower costs and it is easy to unsubscribe anytime.
Moreover, the maintenance and updates to the software are the responsibility of the service provider and companies do not need to pay anything for them. In fact, there are no complex licensing, termination fees, or long-term contracts involved. This payment model is specifically beneficial for small companies as they can redirect the budget to more important things.
Let us look at the pricing of some of the important AWS services.
Compute Service Amazon EC2
There are four ways to pay for this AWS service:
- On-demand – Pay for compute capacity by the hour or second based on which instances you run. The price ranges from $0.0255 for an a1.medium instance to $0.3328 for a t3.2xlarge instance.
- Savings Plans – It is a flexible pricing model which involves lower prices compared to on-demand if a client commits to a specific usage for a one or three-year timeframe. The savings can be up to 75% compared to on-demand pricing.
- Reserved Instances – Amazon EC2 Reserved Instances offer a significant discount (around 72%) compared to on-demand pricing along with a capacity reservation when used in a specific Availability Zone.
- Spot Instances – With Spot instances, users pay the Spot price that is in effect for the time period your instances are running. Spot instances are available at a discount of up to 90% compared to on-demand pricing.
Storage Service Amazon S3
Here are the prices for Storage Service:
S3 Standard – General purpose storage for any type of data, typically used for frequently accessed data. First 50TB/month price is $0.023 per GB and over 500TB/month is $0.021 per GB.
S3 Intelligent – Tiering – Automatic cost savings for data with unknown or changing access patterns. Monitoring and automation all storage is $0.0025 per 1000 objects and archive instant access tier all storage/month are $0.004 per GB.
S3 Glacier Deep Archive – For long-term data archiving that can be accessed one or two times in a year and can be restored within 12 hours. Its all storage per month is $0.00099 per GB.
Networking and content delivery service Amazon Route 53
This service is priced based on three categories:
Managing hosted zones – $0.50 per hosted zone/month for the first 25 hosted zones
and $0.10 per hosted zone/month for additional hosted zones.
Serving DNS queries – Standard queries $0.40 per million queries – first 1 Billion queries/month and $0.20 per million queries – over 1 Billion queries/month.
Managing domain names – Domain names are registered in annual increments. The pricing for domain names varies by TLD.
Analytics service Amazon Redshift
Amazon Redshift allows users to start small at $0.25 per hour and scale up to petabytes of data and thousands of concurrent users. The on-demand pricing facilitates payment for provisioned capacity by the hour. The dc2.large dense compute DC2 is priced at $0.25 per hour whereas ds2.xlarge dense storage DS2 is priced at $0.85 per hour. Amazon Redshift managed storage per month pricing is $0.024 per GB. The Redshift Spectrum pricing is $5.00 per terabyte of data scanned.
For other specific AWS services, you can refer to the official website and check their individual pricing.