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release notes
3 years ago

April 11, 2022 - Release Notes - New Eco Optimization Integration

Reserved Instances (RIs) and Savings Plans (SPs) can offer discounts, depending on their commitment plan, yet many businesses forgo the benefit and lose out on their potential savings rates. On top of that, managing the on-going changes and predicting long-term use is challenging and time consuming for most organizations. The solution? 

CloudCheckr's new Eco Optimization integration for Managed Service Provider (MSP) partners.

Using deep analytics, forecasting models, and the Reserved Instance Marketplace, Eco automatically purchases the optimal portfolio of commitments for you. Eco uses real-time tracking of RI and savings plan utilization to identify any decrease in usage so that instances can be sold back to the AWS Marketplace, if needed.

Eco enables you to get the most out of cloud commitment purchases, including:

  • Fully utilizing commitments: Ensure maximum ROI on cloud commitment purchases with analysis, modification, and mapping of unused reserved instances and savings plans to resource demands.
  • Managing commitment lifecycles: Ensure workloads are always running at optimal pricing by automating purchasing strategies for reserved instances in the AWS Marketplace throughout their lifecycle.
  • Aligning finance & DevOps: Collaborate more effectively between Finance and DevOps teams by providing full visibility into compute consumption and automation of optimal reserved instances and savings plans strategies.

For more information on how MSPs can take advantage of the Eco Optimization integration within CloudCheckr CMx, please contact your Technical Account Manager.

Check out the docs

New Archive of Customer Success Webinars

Did you miss one of our webinars detailing new features and updates for CMx? Our archive of past Customer Success webinars can now be found in the Training / Education section of the Success Center.

Check out the archive