Our customers control 4 primary settings and our algorithms work inside of those constraints to maximize savings and minimize risk.
- Base Target - The dollar amount of monthly 1- and 3-year commitment you are comfortable making with full-term Compute Savings Plans. Since these are immutable commitments, the target value should represent an amount you never envision your overall compute usage dropping below. Generally, customers select a dollar amount that equates to between 40% - 70% of their overall compute usage, depending on what future risk they are trying to manage (e.g., volatility, increasing usage from growth, decreasing usage from optimization, churn from AWS, etc.). Our platform will eventually converge your existing commitment to the dollar amount you specify with Compute Savings Plans. Any usage above the Base Target will be addressed with a flexible layer of Convertible RIs that can track vertical usage changes dynamically.
- Base Prepayment Preference - The use of either No Upfront, Partial Upfront, or All Upfront prepayment for new Compute Savings Plans deployed by our service. For anything but No Upfront, you also control and approve a quarterly prepay budget which governs the amount of prepayment available for deployment.
- Compute Shrink Allowance Target - The percent of compute usage decline you want our Flex commitment layer of Convertible RIs to absorb without becoming unutilized.
- Flex Prepayment Preference - The use of either No Upfront, Partial Upfront, or All Upfront prepayment for new Convertible RIs deployed by our service. For anything but No Upfront, you also control and approve a quarterly prepay budget which governs the amount of prepayment available for deployment.
There are also a handful of additional advanced settings which we review with customers as applicable. Once settings are configured, our platform has everything it requires to autonomously execute on your behalf to maximize savings, even in highly dynamic environments. No ongoing administration is required apart from periodic setting adjustments (which are generally not necessary or infrequent if something material changes in the environment).