A CFO’s perspective

Reserved Instances and Savings Plans are AWS forward contracts that provide discount rewards in exchange for the lock-in risk of using specific services or spending an agreed amount over a 1 or 3 year term.

We combine the different RI & SP types and options to access the highest 3 year discount rates without creating large, fixed, long-term liabilities for future cloud use. As a result we can confidently cover high proportions of your usage with discounts knowing that we can adjust commitments as needed to adapt to usage changes and avoid wastage. 

The scalability, availability and accessibility of cloud has brought many advantages to technical teams. This can be at the expense of those tasked with controlling cloud costs. In many ways it has decentralized technical service procurement and costs are incurred before finance teams have any visibility.

The challenge is enabling the freedom to harness the power of the cloud without surrendering control or overspending for what you need. This is the very challenge we focus on.