Reserved.ai’s matching algorithm monitors real-time EC2 consumption and automatically exchanges your Convertible Reserved Instances (CRIs) for maximal cost savings. Install Reserved.ai’s free analysis dashboard to identify immediate CRI exchange opportunities.
Expiring Reserved Instances (RIs) automatically revert to higher on-demand prices. Never let important expirations slip again with Reserved.ai’s set and forget RI renewal scheduling.
Never waste time manually buying Reserved Instances (RIs) again. Reserved.ai will execute the purchase of thousands of RIs across EC2, RDS, Redshift, Elasticache and Elasticsearch, saving time and eliminating the risk of errors.
Reserved.ai scans your environment, cataloging your on-demand and reserved usage of EC2, RDS, Redshift, Elasticache and Elasticsearch. Our algorithm then identifies excessive on-demand cost, CRI exchange opportunities, areas for increased RI coverage and any expiring RIs. Letting users schedule automated actions to maximize savings. Stop guessing and start saving today with Reserved.ai
Ready to use with zero engineering changes or impact on production resources. Savings analysis requires minimally permissive, read-only IAM credentials.
Works 24x7 to maximize savings by constantly making Convertible Reserved Instance (CRI) exchanges on your behalf to match your running workloads.
Schedule automated RI renewals and expiration reminders helping you avoid unnecessary on-demand charges when your RIs expire.
Provides in depth RI purchase planning tools and one-click automated execution of purchases. Stop guessing and start saving
Ensures you are always making the best possible RI decisions with state of the art forecasting and optimization algorithms.
Work with dedicated cloud billing engineers to customize your automated RI strategy. To align incentives, Reserved.ai only charges when it provides you a garunteed savings rate.
As a small development team, we never had the bandwidth to properly invest in RI infrastructre. We missed out on 23% savings for years until Reserved.ai unlocked them for us in under an hour with no upfront cost or additional engineering investment.
CTO @ 4C Insights
Reserved.ai charges a percentage of savings generated by the Reserved Instances under Reserved.ai management (15%). This pricing aligns incentives and ensures customers are only billed for the savings we provide.
AWS offers two key pricing models. On-Demand and Reserved Instances. Neither have any impact on service functionality are billing mechanisms . On-Demand pricing is the most expensive way to consume AWS. Users are only charged for based on their actual usage. Reserved Instances offer a significant discount (up to 75%) when customers commit to using AWS services in advance.
The RI purchase lifecycle has three key phases: Purchasing, Exchanging and Renewing. For Purchasing, Reserved.ai lets users purchase from one to tens of thousands of RIs with a single click via our API driven RI purchase infrastructure. Best of all, our automated purchase tools are offered free to users. For Exchanging, Reserved.ai monitors EC2, RDS, Redshift, Elasticsearch and Elasticache consumption and works 24/7 to make cost saving RI exchanges on your behalf to save AWS costs. For Renewing, Reserved.ai’s scheduled RI renewal tool let you view all of your current RIs and set an automated renewals with 1 click. RIs that are set to renew will automatically be placed 24/7 at the time of renewal to minimize On-Demand costs and save RI administrative time
No. Reserved.ai only manages Reserved Instances (RIs), which is a billing contract completely independent of the EC2 and database instances themselves. As such, Reserved.ai management has no access or ability to launch, start, stop, or terminate EC2 or database instances or impact application performance, availability, etc.
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Get a risk-free, self-service analysis of your current RI performance and potential savings opportunities in less than ten minutes by installing our free dashboard to your AWS Master Billing Account with minimally permissive, read-only IAM credentials.