Bank on Us: Removing the Non-U.S. AWS Marketplaces Barrier

As both buyers and sellers, we are a huge proponent of the Marketplace. We’ve seen how it allows for greater risk-taking and risk mitigation for AWS Partners – which translates to greater profits for our clients and all Partners. For example, when a client leaves or usage shifts greatly, we can leverage the Marketplace and sell off unneeded RIs very …

What Convertible RIs Mean for You

Amazon Web Services introduced a new Reserved Instance (RI) type called Convertible RIs. I thought it might be helpful for you to get our take on the pros and cons of this new type. Our preliminary analysis is that this upgrade will be very beneficial for you – the changes will allow us to take on more risk (given the …

Making the Best of Your Reservations

Are you looking for some simple ways you can optimize the reservations (RIs) that you own? We’ve found these tips to work quite well to keep costs down and profits up. 1.)  Be an “Unused RI” Hawk: Depending on your account size, the unused rate should be between .5 and .8 percent. If your number is above, I hate to …

RDS Can Be Risky, But Parquantix Has You Covered

What happens when you have purchased an RDS reservations and then six months later, you need a bigger database service? Therein lies the main issue with RDS reservations. Although often providing greater cost savings than EC2 reservations, you must ensure you are able to use an RDS RI for at least one year. As you may be aware, there isn’t …

Maintaining Your Profits – No Magic Bullet

If you’ve been following each of my blog posts, you’re now fully armed with the knowledge to make yourself some money. Caution: don’t get too comfortable. When it comes to maximizing profits from reservations, you can’t go on autopilot. Reservations can be extremely profitable but they must always be matched against client usage. You must diligently monitor your reservations against …

The Path to Profitable Reservations

Now that you’ve gotten up to speed on the differences between hourly and upfront costs from my first blog post, I will dive into instance and size. I’ve spent many years figuring out how to yield the biggest profits from reservations (and even designed a tool – Parquantix – to maximize the potential). Focus on the Core To be as …

Which Reservation is Right for You?

Identifying the right type of reservation for your needs may seem as frustrating as buying a plane ticket. While I’m sure we all appreciate options, the multitude of choices can become overwhelming – from prices that fluctuate on a daily basis to varying mileage points, awards programs and even seat prices. A person could go insane, especially if you don’t …