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What is cost optimization in ec2 instances and how it is done for these ec2 instances?

Answer Posted / Satyaveer Singh

Cost optimization in EC2 (Elastic Compute Cloud) instances refers to strategies and practices that help lower the costs of running your instances. This can be achieved by selecting appropriate instance types, using reserved instances, scaling instances based on demand, implementing spot instances, and monitoring usage and costs. By optimizing cost, you can improve the efficiency of your AWS resources.

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