Deciding which Savings Plans to purchase - Savings Plans

Deciding which Savings Plans to purchase

Savings Plans Purchase Analyzer is a feature that allows you to model and evaluate potential Savings Plans purchases. You can calculate these purchases by either using the recommended purchase amount or inputting your own custom amount to see the impact on savings, coverage, and utilization. You can fine-tune the results by adjusting the lookback period or removing expiring Savings Plans from the analysis. Purchase Analyzer helps you in the decision-making process by enabling you to evaluate key metrics, including estimated monthly savings and coverage percentage.

Using Purchase Analyzer you can:

  • Estimate the cost, coverage, and utilization impact of planned Savings Plans purchases.

  • Model different purchase scenarios with customizable parameters.

  • Compare savings and risk for different commitment amounts.

  • Make more informed Savings Plan purchasing decisions.

To access Savings Plans Purchase Analyzer

  1. Sign in to the AWS Management Console and open the AWS Cost Management console at https://console.aws.amazon.com/cost-management/home.

  2. In the navigation pane, under Savings Plans, choose Purchase Analyzer.