New York, New York, May 30, 2023 - Usage AI, a trusted provider of cost optimization solutions for Amazon Web Services (AWS), is excited to announce the launch of its revolutionary new offering: AWS Savings Plans with Guaranteed Buyback. This innovative service underscores Usage AI's commitment to providing customers with the most cost-effective and flexible cloud computing solutions.

In addition to our existing Reserved Instances (RIs) with Guaranteed Buyback, which have been proven to maximize savings on supported instance types and regions, the AWS Savings Plans with Guaranteed Buyback now bring cost efficiency to a broader range of instance types and regions. This guarantees that all your AWS services, regardless of their nature, can benefit from the flexibility and cost savings of Usage AI's Guaranteed Buyback program.

AWS Savings Plans offer significant discounts for a commitment of consistent usage over a 1 or 3 year term. However, changing business needs or technology shifts can often result in unused commitments, leading to wasted resources and unnecessary expenditure. With the introduction of Guaranteed Buyback, Usage AI aims to mitigate these risks, giving businesses the confidence to make commitments knowing they can adjust as their needs evolve.

Anticipated Customer Inquiries

Q: What sets Usage AI's AWS Savings Plans with Guaranteed Buyback apart from AWS's own Savings Plans?

A: AWS Savings Plans offer substantial cost savings, but they require a commitment to consistent usage over a 1 or 3 year term. Usage AI's innovative Guaranteed Buyback feature brings unparalleled flexibility to this model. If your usage needs change, Usage AI will buy back any unused hours, ensuring that you never pay for unused resources.

Q: How does the Guaranteed Buyback work?

A: When customers purchase AWS Savings Plans with Guaranteed Buyback from Usage AI, they have the assurance that if they no longer require the Savings Plans or wish to adjust their usage, Usage AI will buy back the unused hours. This allows customers to maintain optimal cost efficiency without financial penalties.

Q: Why would a customer use an AWS Savings Plan with Guaranteed Buyback when an RI with Guaranteed Buyback offers higher savings?

A: Usage AI recommends Reserved Instances (RIs) with Guaranteed Buyback for instance types and regions that have high availability and are easily resellable. This approach helps to maximize savings. However, not all instance types or regions may meet these criteria. In such cases, AWS Savings Plans with Guaranteed Buyback offer a flexible and cost-efficient solution. This way, customers can use Usage AI's RIs to maximize savings on supported instance types and regions, and our Guaranteed Buyback Savings Plans on everything else.

Q: How can customers get started with Usage AI's AWS Savings Plans with Guaranteed Buyback?

A: To learn more about AWS Savings Plans with Guaranteed Buyback and to get started with Usage AI, customers can visit our landing page or contact the support team at [email protected]. We also offer a self-serve platform for added convenience.

Q: Can customers still benefit from Usage AI's AWS Savings Plans with Guaranteed Buyback even if their usage patterns change frequently?

A: Absolutely. The Guaranteed Buyback feature is designed specifically to accommodate customers with changing usage patterns. This flexibility allows customers to adjust their Savings Plans as needed without incurring financial penalties.