2.6.1 Manage Commitment Based Discounts

Commitment based discounts are discounted rates received on cloud resources in exchange to committing to a certain level of usage over a specific time frame, usually 1 or 3 years.  Each cloud vendor has their own set of commitment based discount options, so the specifics of what you’re committing to and the discount you receive will vary depending on the vendor and what type of commitment you make.

At the end of this module you will be able to:

• Describe what commitment-based discounts are and how they work
• Be aware of different types of commitment-based discounts at different cloud providers
• Quantify the impact of effective commitment-based discount management 
• List protocols for managing commitment-based discounts
• Describe commitment-based discount management at various maturity levels