PUBLIC CLOUD - GOVERNANCE & CO...
Commitments Overview
6 min
the commitments page provides a clear and focused view of the savings you’ve achieved through cloud provider commitment programs, such as savings plans, reserved instances, and spot instances it also highlights areas where these commitments may be underutilized, and offers new opportunities to drive additional savings this is a powerful tool for finops and cloud operations teams looking to track realized savings, identify waste, and take action to improve coverage and efficiency filters and time range controls at the top of the page, you can adjust the scope of data shown using several filters aggregation interval choose to view data daily, weekly, or monthly date range options include month to date (default), quarter to date, year to date, or a custom range provider filter focus your view on a specific cloud provider such as aws, azure, or gcp service filter filter by individual services (e g , amazon ec2) to drill into specific commitment types savings plan overview savings plan – savings this section shows the cumulative savings realized from active savings plans, such as aws compute savings plans or azure reserved instances for compute these savings are tracked over time and represent cost reductions based on the commitments you’ve implemented savings plan – unused this chart identifies underutilized savings plans these are commitments that have been purchased, but are not being fully consumed by your workloads in other words, you’re paying for discounted capacity that you aren’t using, resulting in waste reservations overview reservations – savings this section tracks savings from reserved instances (ris) that are in active use when you’re consuming the capacity you’ve reserved—whether for compute, database, or other resources—you save compared to on demand pricing these realized savings are visualized over time reservations – over provisioned this identifies reserved instances that are not being fully utilized you’ve committed to a certain level of usage, but your actual consumption has fallen short, leading to unused capacity and wasted spend spot savings spot instances offer deep discounts compared to on demand prices, but come with trade offs such as the possibility of interruptions this section tracks the savings accrued by leveraging spot capacity, where applicable savings opportunities at the bottom of the page, you’ll find a list of the top 10 recommended savings opportunities currently available these recommendations are tailored to your environment and may include actions such as stopping unused or idle instances purchasing reserved instances or savings plans migrating to more cost efficient hardware (e g , aws graviton) detaching and deleting unused volumes rightsizing overprovisioned resources each recommendation includes the projected savings, recommended action, resource type and region these insights are updated continuously, helping you identify the most impactful and achievable ways to optimize your cloud spend summary the commitments page gives you a complete picture of your commitment based cloud savings what you’ve implemented, what remains underutilized, and what actions you can take next by actively monitoring this page, finops and cloud operations teams can stay proactive about cost optimization and ensure that every dollar committed to cloud infrastructure delivers maximum value
