Founder and CEO
New York, New York - May 8, 2023 - Usage AI, a leading provider of AWS cost optimization solutions, today announced the launch of its new CloudFormation integration for large AWS organizations. This innovative solution simplifies the process of connecting multiple AWS accounts and provides a live savings report for the entire organization in just a few clicks.
Previously, companies with large AWS organizations had to connect each account individually, making the process time-consuming and labor-intensive. Usage AI has now streamlined this process, enabling organizations to connect their top-level AWS account via an AWS CloudFormation script. The integration leverages stacksets to automatically create an IAM Role and Policy in each sub-account, making it easier for customers to access the benefits of Usage AI's 3-year reserved instances with guaranteed buyback.
Usage AI's offering allows customers to take advantage of the savings associated with 3-year reserved instances without the risk of lock-in, by facilitating the exchange of reserved instances across their extensive pool of clients. The service is available for EC2, RDS, OpenSearch, ElastiCache, and Redshift.
Usage AI's CloudFormation integration works by allowing companies to connect their top-level AWS account using an AWS CloudFormation script. This script uses stacksets to automatically create an IAM Role and Policy in each sub-account, providing a seamless way to generate a live savings report for the entire organization.
The CloudFormation integration simplifies the process of connecting multiple AWS accounts, saving time and effort for companies with large AWS organizations. It also provides a live savings report, enabling organizations to quickly and easily identify potential cost savings.
Usage AI currently supports EC2, RDS, OpenSearch, ElastiCache, and Redshift for its 3-year reserved instances with Guaranteed Buyback.
To get started with the CloudFormation integration, head over to your Usage AI dashboard, click Cloud Accounts, then click Add a new account, then select the More Options dropdown, and choose Connect via AWS CloudFormation. Follow the steps in order to connect your account. You can also request a white-glove onboarding from a member of the Usage team by filling out this form.
Founder and CEO