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AWS Savings Plans offer a discount from On-Demand for a specific usage commitment. On the other hand, AWS Spot instances offer steeper discounts, but aren’t guaranteed to be available. If you’re looking to consistently optimize your AWS costs, taking advantage
Savings Plans provide a flexible pricing model offering lower prices than On Demand pricing in exchange for a specific usage commitment (measured in $/hour) for a one- or three-year period. However, forecasting Saving Plans commitments is an art. In the
AWS has recently updated its Reserved Instance policy for customers currently on EDP (Enterprise Discount Pricing). Starting Jan 15th, 2024, EDP customers can no longer sell any discounted RIs on the AWS marketplace. If you own discounted RIs, you probably
AWS Reserved Instances (RIs) offer significant cost savings for organizations utilizing Amazon Web Services. However, tracking and analyzing the utilization of Reserved Instances across multiple accounts can be challenging. With over 2,000 types of Reserved Instances available, each offering different
AWS, known for its flexibility, offers numerous commitment plans like EC2 Savings Plans, Reserved Instances, and Compute Savings Plans. Each one of these offer significant discounts in comparison to on-demand resources. However, with such saving opportunities, they bring high commitments
Cloud providers offer a variety of services with flexible pricing models, allowing organizations to pay only for the resources they use. For example, AWS currently offers 200+ services with a pay-per-use pricing model. This wide range of services allows organizations
At nOps, we process over a billion dollars of AWS spend, and one of the most common questions we get from customers during onboarding is, “What resources are covered by my current Saving plans?” However, finding all the resources covered
Lately, while talking to customers, we have realized that users usually get stuck with Reserved Instance commitments, and are unable to modernize in accordance with the new innovations. With an attempt to discuss the RI restrictions and the solution here
The world of cloud computing is ever-changing, and organizations of all sizes increasingly rely on the cloud to power their operations. Amazon Web Services (AWS) is the leading cloud provider, with a wide range of services and features that can
nOps is an AI-powered FinOps platform that makes it easy manage and optimize your cloud usage, commitments, and spend.
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