pricing.md
How Does Guaranteed Commitment Pricing Work?
Guaranteed Reserved Instances (GRI), Savings Plans (GSP), and Committed Use Discounts (GCUD) are unique, insurance-backed cloud commitment options offered by Archera.
Guaranteed Commitments charge a small monthly risk premium only if the underlying commitment delivers savings for the customer — working out to a small percentage of the savings achieved by the Guaranteed Commitment for the customer.
In exchange for this, customers get the option to either get a direct rebate for any un-utilized committed value or entirely sell back the remainder of the up to 3-year commitment to Archera at any time after a minimum term length (either 30 days or 1 year).
This means when a customer commits to an Archera Guaranteed Commitment there will be two separate charges:
- One for the underlying native 1 or 3-year CUD, RI, or SP billed by the cloud provider
- One charge via the cloud marketplace from Archera for the Guaranteed Commitment premium
Term Lengths
We have two primary Guaranteed Commitment term lengths — 30 days and 1 year — that customers can choose between when purchasing a Guaranteed Commitment, each with a different monthly premium based on the risk assumed by Archera. Premiums may also vary slightly based on instance type, region, etc.