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Discount Options

Pricing models offered by cloud providers that allow customers to save costs in exchange for certain commitments.

What are Discount Options in cloud computing?

In cloud computing, Discount Options refer to various pricing models offered by cloud providers that allow customers to save costs in exchange for certain commitments, such as long-term usage or upfront payment.

How do Discount Options work?

Discount Options work by providing customers with a lower price in exchange for certain commitments. For example, a cloud provider might offer a discount to customers who commit to using a certain amount of resources over a specific period of time.

Discount Options Example

For instance, a company, TechCorp, might take advantage of a reserved instance discount option, where it commits to using a certain number of compute instances for a year or more in exchange for a lower price.

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