There are multiple ways ProsperOps de-risks cloud commitment within the limits of the AWS and GCP Service Terms. For context, our product launched in 2018, and we currently manage discount instruments on almost $2 billion of cloud spend. Our platform ingests and acts on millions of instance state changes each month. In that time and at that scale, our algorithms have never had one occurrence of “overbuying” commitment.
Historically, AWS and GCP have honored cancellation requests on commits purchased in error as long as the cancellation request is made promptly.