Reserved Instance Management

Algorithmically Save 20-50% on Amazon EC2

 

We see more and more businesses are at risk of overspending on the cloud, especially when an organization lacks the means or expertise to manage EC2 on-demand and reserved instances purchases properly.  Reserved Instances are one of the most powerful levers to reduce AWS cost but are complex and time-consuming to maximize the savings.

 

CongoCloud solves this challenge with an innovative automated AWS Reserved Instance Management solution that algorithmically builds and maintains a RI portfolio to maximize EC2 savings, even as the underlying EC2 instance use changes. Focus on engineering and never administer RIs again while achieving a 20%-50% Effective Savings Rate off the EC2 on-demand rates.

Save Time

Fully automated, Real-time RI Management

Save Immediately

Easy setup-no re-architecture required

Save Money

Optimal RI portfolio synchronized with your changing EC2 environment

Save Without Compromise

No risk to your application or infrastructure 

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Planning for RIs and controlling the optimization algorithm is simple

RI planning is radically simplified; ‘top-down’ by EC2 spend, not ‘bottoms-up’ by instance type. The algorithm only requires two inputs to optimize your RI portfolio 

  • RI Spend Coverage Target

  • 1 and 3 year RI Portfolio Allocation 

Update the inputs when assumptions change

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Savings progress is easy to track

Check-in at any time to monitor savings outcomes:

  • Effective Savings Rate (the discount versus On-Demand)

  • Dollars saved

  • Filter by org, region, and time for granular breakdowns

  • Notifies you when there are opportunities to save more

See RI savings history and potential. You enable RI management when you are ready