CUDs/Discounts
CUDs/Discounts Management in CloudPi
CloudPi's CUDs/Discounts Management feature is engineered to offer a comprehensive visualization and management system for your cloud Savings Plans (SPs) and Reserved Instances (RIs). This feature helps organizations efficiently monitor and manage their cloud financial investments, ensuring optimal usage and significant cost savings.
Key Features
Visual Representation of SP and RI Investments:
- Dashboard Overview: CloudPi provides a dynamic visual display of all currently active Savings Plans and Reserved Instances. This includes detailed visualizations of their usage, coverage, and overall utilization, giving you a clear, at-a-glance understanding of your cloud savings investments.
Detailed Analysis of SPs and RIs in Use: - SPs Tracking: Track the savings, utilization, and coverage of your Savings Plans on a monthly, quarterly, and cumulative basis. CloudPi offers interactive charts and graphs to help you assess the performance of each plan over time, identifying trends and making adjustments as needed.
- RIs Performance: Similarly, monitor the utilization, savings, and coverage of your Reserved Instances with options to view data monthly, quarterly, or up to the current day. This granular data helps ensure that each RI is being maximized to its fullest potential.
Proactive Management Tools:
-
Expiry Alerts: Set up alerts within CloudPi to notify you before your Savings Plans and Reserved Instances expire. This feature helps prevent lapses in coverage, ensuring continuous cost optimization.
-
Ticketing for Renewals: Seamlessly raise tickets via integrated workflow tools directly from the CloudPi platform to coordinate renewal efforts. This ensures that IT teams are alerted in advance to manage and renew plans in a timely manner, avoiding any disruptions or missed savings opportunities.
Reporting and Sharing:
-
Generate Reports: Create detailed reports summarizing the performance, savings, and utilization of SPs and RIs. These reports can be customized to reflect specific time frames or particular areas of interest.
-
Share Insights: Easily share these reports with stakeholders or across departments to ensure all relevant parties are informed and can make data-driven decisions regarding future cloud savings strategies.
Benefits:
-
Enhanced Financial Visibility: Gain a deeper understanding of your cloud financial investments, enabling more effective budget allocation and cost management.
-
Optimized Resource Utilization: Ensure that your cloud resources are being used most efficiently by continually monitoring and adjusting your savings plans and reserved instances.
-
Streamlined Operations: Automate and streamline the renewal process for SPs and RIs to maintain uninterrupted service and cost savings.
CloudPi’s CUDs/Discounts Management feature is a vital tool for organizations looking to maximize their cloud investment returns, offering essential capabilities to manage, monitor, and enhance cloud financial strategies effectively.
Navigating Savings Plans
Overview: An overview of Savings Plans (SP) is displayed, including details such as total commitment, total savings, unused commitment, average coverage, and last month savings.
Table View: Users can switch to the table view to view detailed information on Savings Plan, including plan ID, State, Start date, End date and actions such as view details, alert on expiry.
Graphical View: Users have the option to view the data graphically, allowing for visual analysis of savings trends, plan utilization, and coverage over time. Graphical representations provide a visual overview of savings and utilization metrics for Savings Plans
Navigating RI Plans
Overview: An overview of Reserved Instances (RI) plan is displayed, including details such as total usage price, total savings, total utilization in %, average coverage, and last month savings.
Table View: Users can switch to the table view to view detailed information on Reserved Instance plan, including plan ID, Account ID, State, Start date, End date and actions such as view details, alert on expiry and raise a request.
Graphical View: Users have the option to view the data graphically, allowing for visual analysis of savings trends, plan utilization, and coverage over time. Graphical representations provide a visual overview of savings and utilization metrics for Reserved Instances.
