Amazon has updated its cloud platform with a handful of quality-of-life changes, plus some major tweaks to how it handles Reserved Instances. Here’s the rundown:
Major changes to EC2 Reserved Instances
One of the ways for customers to get discounts on compute capacity with Amazon’s Elastic Compute Cloud is to sign up for Reserved Instances. Then they pay a set amount of money for the benefit of getting deep discounts on compute. Amazon introduced the concept eight years ago and it has been an important part of the company’s cloud offering since. Now, it’s making some big changes.