Amazon Redshift Serverless now offers All Upfront pricing for 3-year Serverless Reservations

Amazon Redshift announces the availability of All Upfront payment option for 3-year Serverless Reservations, providing up to 50% savings over on-demand rates. With All Upfront pricing, you pay for the full reservation term at the start and receive the maximum discount on your Amazon Redshift Serverless compute costs. This new payment option joins the existing 1-year No Upfront, 1-year All Upfront, and 3-year No Upfront options, giving you greater flexibility to optimize costs based on your financial preferences

Amazon Redshift Serverless allows you to run and scale analytics without having to provision and manage clusters. Serverless Reservations help you further optimize compute costs and improve cost predictability by committing to a specific number of Redshift Processing Units (RPUs). Managed at the AWS payer account level, Serverless Reservations can be shared between multiple AWS accounts, reducing compute costs across all Amazon Redshift Serverless workloads in your organization. Any usage exceeding the reserved RPU level is charged at standard on-demand rates.

This pricing option is available in all AWS commercial and AWS GovCloud (US) Regions where Amazon Redshift Serverless is available. You can purchase Serverless Reservations via the Amazon Redshift console or by invoking the Serverless Reservations API. To learn more, see the Amazon Redshift pricing page or the Amazon Redshift Management Guide.