Cloud Savings Plans & Discounts
Cloud costs can quickly spiral out of control, but with the right strategy, you can optimize your spending without sacrificing performance. At IAMOPS, we simplify the process of reducing your long-term AWS expenses by taking full responsibility for the procurement and management of AWS Savings Plans.
Cloud savings plans—whether AWS Reserved Instances, committed-use discounts, or enterprise-level pricing models—are contractual commitments made with cloud providers like AWS, GCP, and Azure in exchange for significant pricing discounts, typically ranging from 20% to 72% compared to on-demand pricing.
By strategically purchasing the right mix of plans tailored to your historical usage and future growth, we ensure that your business benefits from substantial cost savings while avoiding the risk of over-committing.
With deep FinOps expertise and certified professionals across AWS, Azure, and GCP, IAMOPS helps you unlock long-term cost efficiency—without compromising on flexibility or performance. Our 360° FinOps approach guides you through scalable savings strategies that evolve with your cloud usage and support sustained growth.
Our Cloud Savings Strategy
Usage & Spend
Analysis
Our process begins with a detailed analysis of your historical AWS usage patterns, including compute, storage, and data transfer. This allows us to understand workload trends and pinpoint where Savings Plans can offer the most value. We analyze your historical cloud consumption and cost patterns to uncover consistent usage across services like EC2, Lambda, Fargate, and RDS, as well as container workloads managed through ECS or Kubernetes (EKS).
We analyze:
- Compute instance usage (e.g., EC2, GKE, Azure VMs)
- Service consumption trends and RDS usage patterns
- Environment-specific workloads and hourly/regional usage patterns
- Storage needs in S3, focusing on large datasets with predictable access
- Data transfer between regions and services to uncover cost-saving potential
- Patterns in long-running workloads suited for reserved or savings-based pricing
Strategic
Commitment Planning
Once we understand your usage patterns, we design a tailored savings strategy and take full responsibility for procurement. This includes selecting the right mix of Compute Savings Plans, EC2 Instance Savings Plans, or Reserved Instances—based on actual usage trends and business priorities—to ensure maximum savings without compromising flexibility.
Our deliverables:
- Optimal savings plan types (e.g., Compute or EC2 Instance Savings Plans)
- Selection between Standard and Convertible RIs for adaptable commitments
- Term length and commitment sizing (1-year, 3-year) that align with workload stability
- Blended strategies to balance flexibility with deeper discounts
- Compute Savings Plans covering services like EC2, Lambda, and Fargate
- EC2 Instance Savings Plans targeting specific instance families in key regions
- Reserved Instances for RDS or Redshift for database and analytics workloads
- Plan recommendations that scale with your business growth trajectory
Implementation & Ongoing
Optimization
Following procurement, IAMOPS handles the ongoing management and optimization of your commitments. We continuously track utilization, monitor your evolving usage, and adjust recommendations to keep cost efficiency aligned with real-time infrastructure needs.
Services include:
- Purchase execution and resource tagging for visibility
- Monitoring utilization versus commitment to avoid underuse
- Modifications for Convertible RIs where needed
- Alerts when reservations are underutilized or at risk of waste
- Automated renewal of Savings Plans for uninterrupted optimization
- Quarterly reviews to recalibrate saving strategies based on new patterns
- Cost reporting for full transparency on achieved savings
FinOps Cost
Governance & Enablement
IAMOPS helps your teams internalize cost efficiency by embedding FinOps principles. Our governance frameworks ensure savings are understood, tracked, and owned across engineering, finance, and product stakeholders.
We provide:
- Dashboards to surface ROI and current savings performance
- Reporting tools and alerts for savings opportunities and renewal timing
- Team enablement and training on commitment-based pricing
- Strategic planning for upcoming purchase cycles
Benefit of AWS Saving Plans
Immediate and Long-Term Cost Savings
By leveraging AWS Saving Plans, we help you secure up to 72% savings on your AWS usage, ensuring both immediate and sustained reductions in cloud costs.
Optimized Resource Allocation
We ensure your savings plans are aligned with your actual usage, maximizing cost efficiency across your infrastructure while minimizing over-commitment risks.
Complete Procurement Management
IAMOPS handles the entire procurement process, from identifying the right saving plans to purchasing and implementing them. You don’t need to worry about the complexities—our team takes full responsibility for managing your savings strategy.
Tailored Flexibility
Our approach ensures that your savings plan strategy is customized to balance flexibility and commitment, allowing you to adapt to changing workloads while still benefiting from significant discounts.
Ready to Maximize Long-Term Cloud Savings?
Not sure which savings plan is right for your company? IAMOPS will audit your usage, recommend the best-fit options, and guide you through optimized purchasing for immediate and long-term gains.
Book a free cloud savings assessment to explore your cloud cost-saving opportunities today.
Our success stories
Frequently Asked Questions (FAQ's)
What’s the difference between AWS Reserved Instances and Savings Plans?
Reserved Instances are commitment-based discounts tied to specific instance types and regions. Savings Plans offer more flexibility, allowing savings across multiple instance types and services while still delivering high discounts.
How do you ensure we don’t overcommit and waste money?
IAMOPS analyzes your usage trends and business forecasts to recommend conservative, flexible commitment levels. We also monitor usage continuously and adjust where possible.
Are cloud savings plans available for services beyond compute?
Yes. While most plans focus on compute services (EC2, Fargate, etc.), some providers offer commitment discounts for storage, databases, and other services.
Can you manage savings plans for multi-cloud setups?
Absolutely. IAMOPS supports cloud savings planning across AWS, Azure, and GCP, and we help you unify strategy under a single FinOps framework.
What if we scale or change our infrastructure after committing?
IAMOPS helps you choose flexible options (like Convertible RIs or Compute Savings Plans) and provides governance to adapt to changes without wasting money.
