Today, AWS announces the general availability of Amazon ElastiCache Serverless, a new serverless option for Amazon ElastiCache that simplifies cache management and instantly scales to support the most demanding applications. With ElastiCache Serverless, you can create a highly available and scalable cache in less than a minute, eliminating the need to plan for, provision, and manage cache cluster capacity. ElastiCache Serverless automatically stores data redundantly across multiple Availability Zones (AZs) and provides a 99.99% availability Service Level Agreement (SLA). With ElastiCache Serverless, you pay for data stored and compute consumed by your workload, with no upfront commitments or additional costs.
Source:: Amazon AWS