What is the term we would call this pricing strategy?

Cloud providers such as AWS and GCP allow for discounts by letting customers commit to a cloud service provider for a set amount of resource usage such as using a Reserved Instance or Committed Discounts.

What is the term we would call this pricing strategy? (Select One)
A . Allocations
B. On Demand
C. Reservations
D. Rightsizing

View Answer

Answer: C

Explanation:

Cloud providers such as AWS and GCP allow for discounts by letting customers commit to a cloud service provider a set amount of resource usage using a Reserved Instance or Committed Discounts. In return for your commitment your organization receives a reduction in the rate normally paid for those resources.