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Also, I just reviewed your T&C and your "Program" states that you provide "Non-Usage Credits". What does this mean? I don't have any guarantee that in an off-scenario where there is an overload of RIs being sold I'll stop paying for them. I'd rather use Vantage and pay a 5% fee on my RIs.
From my conversations with doit sounds like they offer a similar service in that doit acts as an AWS reseller (~~some billing magic) and they apply commitment discounts etc. and pass along a portion of the savings. doit also claim to throw in free cloud architecture and support consulting services as a value add.
This is like insurance in a couple of different ways, and makes me happy, but concerned. usage.ai is basically taking a bet that a large number of their customers wont cut back on RDS spend simultaneously. AWS massively made RDS instances cheaper when they released RDS on Graviton. I can only imagine that'd nearly put a company like usage.ai out of business. I'm curious what defense mechanism they have against this.
> AWS massively made RDS instances cheaper when they released RDS on Graviton. I can only imagine that'd nearly put a company like usage.ai out of business. Are the on demand and reserved prices the same? If RI’s exist are still cheaper, it shouldn’t impact their business model.
Users already committed to RI cannot change instance types and remain bonded to the contract.
Usage.ai and others give you an insurance that you can get out of the contract. If that existed before, users would return the old instances to usage.ai and get the cheaper ones.
Usage.ai end up with a lot of reserved instances no one wants, with a large contract to pay.
Why is AWS okay with this-- Isn't this profit that should be in their pocket?
Why is AWS okay with this-- Isn't this profit that should be in their pocket?
> We buy Reserved Instances on your behalf (a billing layer change only) and bundle them with guaranteed buyback This is by setting your AWS account as the payer account so you can aggregate? I’m curious how the finances will work out - at least one of them had challenges balancing their RIs with customer changes since there wasn’t a feedback cue for developers not to change instance types casually. On a marketing le…
The 57% savings is the difference between the 3-year, no-upfront, standard Reserved Instance rate and the On-demand rate (for RDS it is 30% vs on-demand)
As far as compute savings plans:
1-yr SP is anywhere from 26-29% savings vs on-demand
3-year Sp is anywhere from 49-52% savings vs on-demand
... but note that these commitments are non-transferrable. Customers find our tailorable commitments to be a healthy blend of savings + safety against over-committing to volume they may not need
How does this differ with Vantage Autopilot https://www.vantage.sh/features/autopilot ?
just from reading the site, looks like vantage takes a 5% fee vs Usage 20% - but that's a big difference, not sure if it's an apples-to-apples comparison.
Sounds accurate.
Looks really good. I have been offered large discounts by an AWS reseller, and I have not understood exactly how or why they can do this. Are the resellers doing what you are doing but being less transparent about it?
In a way. Resellers typically incorporate a company's AWS organization into theirs, and via resource sharing of savings instruments, are able to pass on savings to their customers within their portfolio. Since they have an AWS organization that is comprised of many companies and their AWS accounts, they are able to negotiate special pricing arrangements with AWS (typically in the form of an EDP) based on the total sp…