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AWS re:Invent 2024: What To Expect with ProsperOps
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Reduce costs for RDS, ElastiCache, MemoryDB, Redshift, and OpenSearch
Continuously optimize rates through automated Reserved Instance (RI) management without engineering impact
Hundreds of the world’s largest SaaS companies and service providers trust ProsperOps.
~1/4 of cloud spend is estimated to be waste.
Cost visibility tools, while beneficial, do not take action to reduce waste. Optimizing usage requires engineering effort. Optimizing rates with Reserved Instances (RIs) drives costs down quickly without engineering dependencies.
Usage is elastic, but RIs are not…
Optimizing a portfolio of commitments is complicated.
Commit conservatively, and miss out on cost savings. Commit aggressively, and risk paying for unutilized commitments if usage drops.
“ProsperOps saves Drift a ton of money, and my team a ton of time on reservations management, so when they offered to take over RDS reservations, it was a no brainer - better reservation coverage, more savings, and less effort!"
SRE Manager
Drift, a Salesloft company
Overcoming these challenges requires a new solution – sophisticated automation that adapts to changes in usage…
Why ProsperOps
Reduce costs and mitigate risk
Adaptive Laddering™ intelligently distributes commitments based on usage patterns, safely increasing coverage while minimizing overcommitment risk. Ladders are customized for each unique combination of region, instance type/size, and platform. ProsperOps frequently adjusts your commitment coverage to changes in usage, unlike infrequent batch purchases.
Offload RI management
ProsperOps manages your commitment portfolio, continuously maximizing savings, so you can focus on higher-order FinOps initiatives where human decision-making is required.
Customize settings
ProsperOps automation operates within the constraints you configure. Set coverage bounds to suit your risk tolerance, specify vacate dates in anticipation of fully exiting specific instances/regions, modify the flexibility of your discount portfolio, and more.
Understand your outcomes
The ProsperOps console highlights optimization KPIs and trends including Effective Savings Rate, spend coverage, savings, commitment burn down schedules, Commitment Lock-In Risk™ (CLR), and more.
We do the work. You get the savings.
How It Works
Data Ingestion
Usage and cost telemetry is passively & securely collected from your cloud environment.
Optimization Algorithms
ProsperBot identifies opportunities to optimally reduce cost and mitigate risk while detecting changes to usage.
FinOps Insights
Built-in visualization helps you easily understand optimization KPIs, such as Effective Savings Rate and Commitment Lock-In Risk, for simplified reporting.
Execution Engine
Multiple commands are prepared and executed automatically via API.
Data Ingestion
Usage and cost telemetry is passively & securely collected from your cloud environment.
Optimization Algorithms
ProsperBot identifies opportunities to optimally reduce cost and mitigate risk while detecting changes to usage.
FinOps Insights
Built-in visualization helps you easily understand optimization KPIs, such as Effective Savings Rate and Commitment Lock-In Risk, for simplified reporting.
Execution Engine
Multiple commands are prepared and executed automatically via API.
Automatically reduce costs for RDS, ElastiCache, MemoryDB, Redshift, and OpenSearch.
Platform Essentials
Multi-cloud Optimization
- AWS Compute: Lambda, EC2, Fargate
- AWS RDS, ElastiCache, MemoryDB, Redshift, OpenSearch
- Google Cloud Compute: Compute Engine, GKE, Cloud Run
Secure Technology
- Our system does not access your data or impact engineering
- Lightweight, agentless deployment
- Identity federation (SSO)
- Role-based Access Control (RBAC) and granular custom roles
Results-based
- You don’t pay ProsperOps if we don’t save you money (see Pricing)
- Effective Savings Rate that places you in the top 1-2% of FinOps teams
- Less Commitment Lock-In Risk automatically
Enterprise scale for sophisticated cloud optimizers.
ProsperOps manages commitment-based discounts for DevOps and FinOps teams from startups to enterprises and cloud resellers across the globe. Our algorithms deliver results, even at massive scale, across any dynamic workload pattern. We are there to support you with live access to FinOps specialists.
$2.6 Billion+
Annual Spend Under Management
$1.6 Billion+
Lifetime Savings Generated
415 Million+
Resource State Changes Processed
18.2 Million+
Discount Instruments Managed
Answers to Common Questions
Latest from Our Blog
Request a Free Savings Analysis
3 out of 4 customers see at least a 50% increase in savings.
Get a deeper understanding of your current cloud spend and savings, and find out how much more you can save with ProsperOps!
- Visualize your savings potential
- Benchmark performance vs. peers
- 10-minute setup, no strings attached
Submit the form to request your free cloud savings analysis.
