In an industry-first move, AWS customers with an EDP agreement in place or who are considering an EDP can now also receive savings of a 3-year RI with none of the lock-in risk. This is post the January 15th restriction by AWS which disallows the ability to trade Discounted RIs, and an EDP makes all RIs discounted in an account. 

This means that customer can achieve net savings of 50% after Usage.AI fees, regardless of whether they use an EDP or not. 

Does this require any downtime?

No, this does not require any downtime. This only applies at the billing layer.

Do I need to move my AWS account to a new organization?

No, your AWS account can remain in your organization. 

Is there a limit to how much I can flex utilization down by?

No, there is no limit. 

What AWS services does this currently cover?

At the moment, Usage.AI offers Flex Commitments on EC2 and RDS.

Does this work on GCP and Azure?

Not at the moment, but it is something we are considering.