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Usage AI removes almost all liability from reserved instances, thus allowing you to pay Reserved Instance rates for all your EC2 workloads running On Demand. Further, Usage AI is fully automated - completing a one time signup means you never have to worry about optimizing for EC2 again!
No - Usage AI optimizes at the billing layer only. Following the IAM Policy, Usage has ZERO ability to modify your environment. There is zero-touch to your infrastructure; thus, there is no chance for any server downtime or interruptions to your developer workflows!
NO - We use only IAM roles and permissions to perform all the required cost optimizations. We use AWS APIs to enable these savings. So, no installation is required on any of your instances.
Nope! Getting started with Usage only requires setting up an IAM policy and an IAM role in your AWS organization. From signup to savings, the Usage onboarding takes fewer than 5 minutes!
From one AWS bill to the next, Usage only bills for 20% of the actual savings we helped you realize! No hidden fees. No conditions. No pricing tiers.
If at any point during the reservation period, you find yourself in a position where you’d no longer need a reserved instance, then Usage AI guarantees a buyback of that instance. However, as an AWS rule, RIs must be owned by your AWS account for at least 30 days before they are eligible to be sold on the AWS RI Marketplace.
Reserved instances are a billing abstraction that offers significant discounts compared to standard “On Demand” cloud computing prices in return for committing to the instance for a specific period of time. Currently, Amazon allows reserved instances for a 1 and 3-year period.
We primarily support only EC2 optimizations. However, in some special cases, we do support optimizations for DynamoDB, EBS, etc. We are currently working on expanding the repertoire of supported services within EC2.
We currently support only AWS cloud. However, we will soon be expanding to other platforms.