Home » TRENDING NEWS » CloudKeeper Launches Zero-Touch AI-Based Reservation Management Platform for Substantial Cloud Savings

CloudKeeper Launches Zero-Touch AI-Based Reservation Management Platform for Substantial Cloud Savings

CloudKeeper, a leading company in the AWS FinOps and Cost Optimization field, has introduced CloudKeeper Auto, an AI-based AWS reservation management platform that requires no manual effort. This innovative solution helps companies optimize their AWS EC2 reservations and reduce cloud costs. Companies can save money on AWS through Reserved Instances (RIs) and Saving Plans that require one or three-year commitments. However, predicting usage and making such long-term or large-volume commitments is often difficult for businesses. To strike a balance between obtaining new resources and maintaining operational flexibility while minimizing cloud waste, CloudKeeper Auto offers a solution that combines the flexibility of On Demand instances and the cost-effectiveness of Reserved Instances. With CloudKeeper Auto, organizations can purchase AWS compute instances on-demand, at 3-Year Reserved Instance pricing, which is the highest discount tier for reservations, and without requiring any commitment from the user.

 

CloudKeeper Auto’s proprietary AI engine automatically buys/sells RIs, and CloudKeeper charges only 18% of the total EC2 savings as a platform fee, one of the most competitive fees in the market. The platform enables automated buying/selling of RIs on the secondary marketplace, guaranteed buyback of RI reservations, and risk-free coverage with no commitments or billing transfer.

 

CloudKeeper also offers CloudKeeper AZ, a comprehensive cloud cost optimization solution that provides savings, software, and services in one package. CloudKeeper AZ offers access to a proprietary AWS Cost Analytics Platform and well-architected reviews from AWS-certified cloud experts. However, some AWS users may not be able to benefit from CloudKeeper AZ due to billing transfer concerns and contractual obligations towards programs like AWS EDP. CloudKeeper Auto resolves these concerns by providing a zero-touch, AI-driven RI management system with no requirements for billing transfer or commitment.

 

CloudKeeper has established itself as a unique FinOps Solution Provider with two distinct solutions tailored to meet various objectives of cloud cost optimization. According to Deepak Mittal, CEO of CloudKeeper, “CloudKeeper Auto is capable of delivering superior and sustainable cost savings to all kinds of businesses across the world, completely risk-free!”

 

 

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