Committed Capacity (VantageCloud Lake)
Catalog row in Vendor License Programs · Cited
- Kind
- Commitment
- Term
- Typically one to three years
- Definition
- Lake Pricing guide: "With Committed Capacity, you can pre-purchase a set amount of compute and storage resources for a defined period (typically one to three years)."
- Commercial rules
- Discounted rates compared with on-demand pricing; a minimum annual commitment applies and varies by package; usage above the commitment is billed at the on-demand rate unless committed capacity is increased. Published package prices assume a 3-year commitment billed annually.
- Applies to
- VantageCloud Lake Standard, Lake and Lake+ packages.