Hi guys! Previously, I’ve published the 3nd of 4 parts of my study notes useful to pass the Oracle Cloud Infrastructure Foundations 2020 Associate. Today I share with you the 4rd part which speaks about pricing and billing, the free tier and about SLAs and support. But before starting, let me list a review of the sections.
Sections Review
- Exam structure
- Basic Cloud concepts
- Oracle Cloud Infrastructure (OCI) Architecture
- Compute services
- Storage services
- Networking services
Part 3
- OCI Identity and Access Management (IAM)
- Database services
- Security
Part 4 (today)
- Pricing and Billing
- Free Tier
- SLA and Support
Part 4
4.1 Pricing and Billing
- arguments : pricing models, examples, billing, cost management, free tier
Photo by Sharon McCutcheon on Unsplash
Pricing models
- PAYG (pay as you go) :
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- charged only for the resource consumed
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- no minimum service period
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- consumption based model for services like Oracle Functions
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- Monthly flex (Universal Credits)
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- minimum of 1000 $ of monthly charge and minimum of 12 months fixed commitment
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- discounts based on size of deal and term of deal
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- usage is consumed from monthly prepaid commitment
- BYOL (Bring your own license) : not truly a pricing model
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- apply your current on-premises Oracle licenses to equivalent services on IaaS & PaaS in the cloud
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- complete license mobility with on-premises
Factors that impact Pricing
- resource size : n.CPU, storage space, etc.
- resource type : VMs vs BMs , BYOL vs managed DBs, VMs vs Functions
- data transfer :
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- no costs for data incoming into the cloud with OCI
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- pay attention for outcoming data (egress costs)
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- all regions have the same prices
- OCPU per hour
- VM and BM are the same price because it is for single CPU, but BM has 52 cpu while with VM you can configure 2,4,8, … cpus
Block volume pricing
- storage cost (GB/month) : 0.0255 $
- performance cost (VPU/GB) : VPU = volume performance unit
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- balanced : with 10 VPU : 0.0017 $
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- higher performance with 20 VPU : 0.034 $
- example : 100 GB of block volume
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- basic : 200 IOPS, storage = 0.0255 x 100 $ = 2,55 $ , performance = 0 $ , total = 2.55 $
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- balanced : 6000 IOPS, storage = 2,55 $, performance = 0.17 $ , total = 2.72 $
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- higher performance : 7500 IOPS, storage = 2,55 $, performance = 3.4 $ , total = 5.95 $
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