The AWS pricing plan consists of 3 models. The first pricing plan is based on a “Pay-as-you-go” model. This means one needs to pay based on the services and the time he/she has used that service. The second one is the saving plan model in which some offers are given on AWS Machine Learning and Compute. This plan is offered only if there is a commitment to using the service for a certain period. The payment needs to be done based on unit currency per hour. The third pricing model is based on the storage used. This model is based on the size of the objects, the time for which it is stored, and the storage class used.