Leverage Savings Plan Data in Cost Reports

With its deep discounts and flexible pricing, the AWS Savings Plan is a great tool to add to your portfolio. But, it's not enough to simply apply a Savings Plan and watch the savings roll in.

To maximize their full benefit and ensure they are working optimally across your deployment, you must analyze key Savings Plan usage data. This is where CloudCheckr comes in.

When AWS launched Savings Plan in 2019, CloudCheckr quickly modified its platform, so that our customers could ingest Savings Plan data from AWS. But, many of our customers have complex business structures with multiple Payer and Payee accounts.

To give you the usage insight that your business requires, CloudCheckr now provides two key Savings Plans data points in our Pivot Explorer report:

  • Savings Plan Effective Cost
  • Savings Plan Effective Cost No Upfront

This topic will describe these data points in greater detail and show you how to incorporate them into your Pivot Explorer report.


Prerequisites

To leverage the Savings Plan data in CloudCheckr CMx, you must:

  • use AWS as a cloud provider
  • purchase an AWS Savings Plan
  • use the AWS Cost and Usage Report (CUR) as your billing method

Putting Your Data to Work

Click each text box to learn more about each data point, how to incorporate them into your Pivot Explorer report, and interpret those results:

Savings Plan Effective Cost is a native AWS CUR data point that shows you how much you would pay at the discounted rate—including the amortized upfront cost and monthly recurring charge associated with your Savings Plans.

Let's add this data point to our Pivot Explorer report:

  1. Launch CloudCheckr CMx.
  2. Click in the Left Navigation pane.
  3. Click the Pivot Explorer tab.
  4. Click (Fields) in the toolbar.
  5. In the dialog box, click to select the Original Cost, Savings Plan Effective Cost, and Service checkboxes.
  6. Click APPLY.

    In this example, our results tell us a few things:

    • Since Original Cost is synonymous with the On-Demand rate, we can see that the Payer account would have paid $56,020.79 at the On-Demand rate for EC2 usage and $3,816.16 for AWS Lambda.
    • When a Savings Plan is applied, the effective cost—the amortized upfront cost and monthly recurring charge—is $39,298.33 for EC2 services and $17.14 for AWS Lambda services.

To provide a similar but slightly different view of this Savings Plan data point, CloudCheckr created the Savings Plan Effective Cost No Upfront column, which shows customers the effective cost of their Savings Plan usage excluding any amortized upfront costs.

Let's add this data point to our Pivot Explorer report:

  1. Launch CloudCheckr CMx.
  2. Click in the Left Navigation pane.
  3. Click the Pivot Explorer tab.
  4. Click (Fields) in the toolbar.
  5. In the dialog box, click to select the Original Cost, Savings Plan Effective Cost, Savings Plan Effective Cost No Upfront, and Service checkboxes.
  6. Click APPLY.

    In this example, our results give us more detail into our Payee usage:

    • The effective cost—the discounted rate that includes the amortized upfront cost and monthly recurring charge—is $39,298.33 for EC2 services and $17.14 for AWS Lambda services.
    • When we remove the amortized upfront costs, we can see that the discounted rate decreases to $38,198.33 for EC2 services—a savings of $1,100.
    • Since there is no change in the value between the Savings Plan Effective Cost and Savings Plan Effective Cost No Upfront columns for AWS Lambda, we can determine that the Savings Plan applied to AWS Lambda did not include any upfront costs.
      At this time, if a Payee account wants to see this information to determine their cost savings, the Payer account could export this information and provide it to them.

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