Yes, we guarantee the buyback of the AWS Reserved Instance purchased through CloudKeeper Commit if you use less capacity than what you paid for. Furthermore, our growing customer base of 400+ also acts as a secondary marketplace for buying and selling AWS RIs. Thus ensuring your resources never go to waste.

CloudKeeper needs just IAM read-only access to perform the savings on compute costs. We don't need any access to your cloud environment. It’s completely secure.

CloudKeeper is a completely AI-based Automated AWS RI Management Solution that buys & sells RI reservations based on real-time needs.

No, we do not require any commitment.

In addition to addressing AWS RI management challenges, CloudKeeper Commit provides 24*7 Personalized Cloud Support & Guidance and  AWS Well-Architected Reviews, helping you optimize your cloud costs and cloud infrastructure. Moreover, as a CloudKeeper Commit customer, you gain exclusive access to CloudKeeper Lens, empowering you with valuable insights and analytics to further enhance your cloud optimization strategies.

A Reserved Instance (RI) is an AWS pricing model that allows you to reserve a specific instance type for a set term (1 or 3 years) in exchange for a lower hourly rate compared to On-Demand Instances. It offers significant cloud cost savings for predictable workloads by committing to use AWS resources over time.

On-demand instances allow you to pay for compute capacity by the hour with no long-term commitment, offering flexibility for unpredictable workloads.

Reserved Instances (RIs) provide up to 72% savings by committing to a specific instance type and term (1 or 3 years), ideal for predictable, long-term workloads.

In short, On-Demand is flexible but more expensive, while Reserved Instances offer significant savings in exchange for long-term commitment.

Spot Instances are cost-effective, offering significant savings by bidding for unused capacity, but they can be terminated by AWS anytime. They’re ideal for flexible, interruptible workloads.

Reserved Instances (RIs) provide up to 72% savings with a long-term commitment (1 or 3 years) and guarantee capacity for stable, predictable workloads.

In short, Spot Instances are cheaper but less reliable, while Reserved Instances offer savings with guaranteed availability.

AWS Reserved Instance (RI) Management refers to the process of purchasing, optimizing, and managing Reserved Instances to ensure cost savings and efficient cloud resource usage. This includes selecting the right instance types, sizes, and terms that align with business needs. CloudKeeper Commit automated this process making AWS RI Management effortless. 

• Cost savings: Up to 75% savings over on-demand prices.
• Predictability: Fixed pricing and capacity reservations for better budgeting.
• Flexibility: Options for instance type, region, and term length.

You can track and manage your RIs using the AWS Management Console, AWS Cost Explorer, or third-party tools like CloudKeeper Commit, which help optimize and monitor your Reserved Instance utilization for maximum savings.

To achieve 100% AWS Reserved Instance (RI) coverage there are multiple best practices to be followed such as :

• Analyze RI usage with CloudKeeper Lens to identify steady workloads.
• Right-size instances to match the appropriate type, size, and region.
• Maximize utilization using Auto Scaling and Trusted Advisor.
• Regularly review and adjust RIs based on changing needs.
• Use Convertible RIs for added flexibility.
• Sell unused RIs in the RI Marketplace.

Moreover, CloudKeeper Commit delivers 100% AWS Reserved Instance (RI) coverage with AI-driven automation. It provides on-demand EC2 instances at 3-year RI pricing, with no upfront costs or commitments, and offers a buyback guarantee for unused RIs.

Gain full visibility with CloudKeeper Lens to track RI utilization and optimize cloud costs. Plus, access 24*7 cloud support from 300+ cloud experts to streamline operations and maximize savings.

Learn more about achieving 100% AWS Reserved Instances Coverage.