What type of instance(Shared or dedicated) is best for companies focusing on cost-saving? Why?

Question

AHAMEDSATHICK MOHAMEDALI · Accepted Answer

Shared instances run on shared physical hardware managed by the cloud provider. This makes them much cheaper because you are not paying for exclusive hardware. Companies looking to save costs choose shared instances since they offer low pricing, good performance for general workloads, and no extra hardware charges.

What type of instance(Shared or dedicated) is best for companies focusing on cost-saving? Why?

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