A type of instance that you can launch whenever you need it and terminate when you're done using it.
On-Demand Instances in cloud computing are a purchasing option that allows you to run a virtual server for as long as you need it without any long-term commitments. This is in contrast to Reserved Instances, which require a one- or three-year commitment.
On-Demand Instances work by allowing you to lease compute capacity by the hour with no long-term commitments.
A retail company, RetailCo, uses on-demand instances to handle their website traffic during peak shopping seasons. They can quickly spin up additional instances when traffic spikes, ensuring their website remains responsive. When the demand subsides, they can easily terminate these instances, allowing them to manage their costs effectively.
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.