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AWS Cost Management now provides purchase recommendations for Amazon #DynamoDB reserved capacity
What's new at AWS π’
β #AWSCostManagement now provides purchase recommendations for Amazon #DynamoDB reserved capacity
β DynamoDB reserved capacity allows you to save up to 77% compared to provisioned capacity pricing in exchange for a usage commitment over a one or three-year term.
β With these new purchase recommendations, you can make informed purchases of DynamoDB reserved capacity in minutes, making it even easier to optimize your DynamoDB spend.
β AWS Cost Explorer recommendations includes:
1οΈβ£ Amazon EC2
2οΈβ£ Amazon RDS
3οΈβ£ Amazon Redshift
4οΈβ£ Amazon ElastiCache
5οΈβ£ Amazon OpenSearch
6οΈβ£ Amazon MemoryDB
7οΈβ£ And Amazon DynamoDB reserved capacity as well.
β Most importantly, Cost Explorer automatically analyzes customers DynamoDB usage and generates recommendations to cover provisioned capacity with reserved capacity at a discounted rate.
β In addition to that customers can customize the recommendation parameters, such as term length and historical usage period, to ensure they align with their own organizationβs financial goals as well
β Key considerations to purchase reserved capacity is
β
Designate a Single-Region
β
DynamoDB Standard table class
β
Quantity of Read and Write Capacity Units(Not rWCUs)
β
Reservation for 1 or 3 year term
Key note for Pricing :
β
Reserved capacity is a billing feature to offer a discounted price and its has no impact on the performance or availability.
β
Any throughput excess of reserved capacity usage is billed at standard rates.
π Explore more about DynamoDB Reserved capacity:
https://aws.amazon.com/dynamodb/reserved-capacity/
π Explore more about AWS Cost Management:
https://aws.amazon.com/blogs/aws-cloud-financial-management/beginners-guide-to-aws-cost-management/
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