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.
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.
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.
A billing option for Amazon EC2 instances that provides significant discounts compared to on-demand pricing.
A pricing model for Amazon EC2 that lets you use spare compute capacity at a discounted rate.