When buying AWS Savings Plans and RIs, Spot Eco makes it easy to create a highly utilized and well-balanced blend of Savings Plans and RIs. Leveraging 3rd party Standard RIs (with shorter terms) alongside Convertible RIs, and Savings Plans, Eco helps ensure maximum savings with minimum commitment.
Keeping track of the savings achieved for reserved capacity whether purchased through Eco or on one’s own is important for our customers who want to gauge the financial impact of their cloud commitments.
To address this we introduced our “commitments report” in 2020. This report helped organize all RIs and Savings Plans that had been purchased, whether or not Eco generated them, for any and all relevant AWS service.
However, the tabular structure lacked an intuitive, visualization for savings of each commitment type over time.
Today, we are excited to share our new Eco Savings Over Time report. You can now easily see the savings from each RI and Savings Plans type, for any given period. Furthermore, you can filter whether the reserved capacity was purchased via Eco or was purchased by your team without Eco’s involvement.
This clarity into the actual savings achieved makes it simple to understand the value of Eco and of any RI and Savings Plans purchases.