Introducing Three-Year, No-Upfront Standard RI Support from Cloudability
We’re proud to announce that Cloudability’s RI Planner tool now supports the new three-year, no-upfront Standard RI option. You can now compare all possible standard RI options and savings rates in our app to make sure you are choosing the right options for your business needs and saving the most money possible.
Below we’ll go through what this news means for you, where you will see the latest updates to our RI Planner and how to best leverage this new configuration for your organization.
Considering All Your RI Options
We’re firm believers in not purchasing RIs without first looking at all of your options and comparing all your potential savings rates. We’ve updated our planner to consider the new RI option so that you can make the best RI decisions possible.
We’re aware that the new RI option is available only for the latest generation of EC2 instances, specifically for the C4, M4, R4, I3, P2, X1 and T2 families. If you’re looking for RI coverage for a different instance or database, the planner will still recommend the best options to achieve the most savings.
Using the RI Planner
You can select three-year, no-upfront Standard from the savings comparison matrix. Remember that only specific current generation families (C4, M4, R4, I3, P2, X1 and T2) have this option available from AWS.
You can also select the same settings from the edit side menu.
The plan generated will show the number of RIs to buy for each family for a three-year term and no-upfront costs. For current generation families C4, M4, R4, I3, P2, X1 and T2, the RIs will be three-year, no-upfront Standards. For any other instance family (D2, G2, and F1 families as well as all previous generation families), the planner will show the closest optimal configuration: three-year, no-upfront Convertible RIs.
If an RI is not yet available as Standard for three-year, no-upfront, we’ll indicate the best value is a Convertible on the details page.
Optimize RI Planning by Rightsizing Resources First
We’ve waxed poetic about our love for rightsizing many times, and we feel that it’s always a great first step before purchasing RIs. Once you’ve done that, you can start using our RI Planner for maximum effect to make your next RI purchase.
We Can Help!
If you have questions, or want to see what a finely honed RI purchasing strategy could do for your cloud we’re here to help!