insured commitments.md

Insured Commitments

Archera’s Guaranteed Commitments (GRIs & GSPs) offer a revolutionary approach to cloud cost optimization by providing short-term, insured commitments that eliminate the traditional risks associated with cloud reservations.

​What are Guaranteed Commitments?

Guaranteed Commitments are Archera’s solution to the inflexibility of traditional cloud commitments. They provide:

Guaranteed Reserved Instances (GRIs): Short-term reserved instances with insurance protection against underutilization

Guaranteed Savings Plans (GSPs): Flexible compute commitments with guaranteed utilization across multiple services

​Key Benefits

:clock: Shorter Terms 30-Day Minimum Terms

​How Guaranteed Commitments Work

Traditional Commitment Challenges

Traditional cloud commitments present several challenges:

​Archera’s Solution

Guaranteed Commitments address these challenges through:

​Commitment Types Available

Guaranteed Reserved Instances (GRIs) Guaranteed Savings Plans (GSPs)
Instance-Specific Commitments

​Commitment Comparison Matrix

When evaluating commitment options, use this comparison to understand the trade-offs:

​Important Metrics

When evaluating commitment performance using both Archera and native cloud tools, focus on these key metrics:

Coverage Amount

Definition: What percentage of your reservable infrastructure has a commitment applied
Target: Generally, higher coverage is better as it maximizes cost savings across your infrastructure
Measurement: (Reserved Capacity / Total Reservable Capacity) × 100

Net Savings Rate

Definition: The aggregate impact of all your commitments relative to the on-demand rate
Target: Higher savings rates indicate more effective commitment strategies
Measurement: Total discount percentage achieved across all commitments

Utilization

Definition: How much of your purchased commitments you’re actually using
Target: As close to 100% as possible for maximum ROI
Measurement: (Used Commitment Hours / Purchased Commitment Hours) × 100

​Commitment Planning Options

Archera provides three default commitment strategies:

Recommended Plan - Start Here

Focus: 30-day GRIs and compute instances
Philosophy: Maximum flexibility with immediate savings
Best For: Organizations prioritizing flexibility over maximum savings

Balanced Plan - Most Popular

Focus: All reservable services with mixed terms
Philosophy: Balance of savings and flexibility
Features: Combines 30-day and 1-year commitments across all services

High Savings Plan - Maximum Discount

Focus: Maximum discount through longer terms
Features: Includes 3-year commitments and upfront payments
Consideration: Higher savings but reduced flexibility

​Automation Policies

Archera offers fully optional automation policies that:

​Policy Configuration

Set Savings Threshold
Define minimum savings amount required to trigger automation

Choose Cadence
Select how frequently the system should evaluate new opportunities

Monitor Performance
Track automated savings and adjust thresholds as needed

Maintain Control
Cancel or modify policies anytime through the platform

​Getting Started

Ready to implement Guaranteed Commitments? Here’s how to begin:

:user-plus: Sign Up with Archera Create your account and connect your cloud environments.
:chart-line-up: Platform Access Access the Archera platform to start managing commitments

​Why Choose Guaranteed Commitments?

Traditional commitments require you to predict your infrastructure needs months or years in advance. Guaranteed Commitments let you optimize costs today while maintaining the flexibility to adapt tomorrow.

​Benefits Summary

Immediate Savings Start saving immediately with 30-day terms
Zero Risk Zero utilization risk through insurance protection
Expert Management Professional management and optimization
Transparent Pricing Transparent pricing with no hidden fees
Automation Automated policies for hands-off optimization
Full Control Full control and cancellation rights

Remember: The only time to consider native 3-year commitments over Archera is when you have completely predictable workloads that will run unchanged for 3 years AND you can get maximum upfront discounts. In all other scenarios, Archera’s guaranteed commitments provide superior value.