What is the Flex Commitment Program?
The Flex Commitment Program by Usage is a dynamic, risk-managed solution designed to help you maximize cloud savings without the rigidity of traditional long-term commitments. It allows you to benefit from discounted rates on cloud services while maintaining flexibility to adjust as your business needs change.
How Does It Work?
- Savings Recommendations:
Usage AI analyzes your cloud usage data and provides recommendations for purchasing cloud commitments that will optimize your costs. - Approval and Automation:
Once you approve a recommendation, Usage automatically calls the cloud provider’s API (AWS, Azure, or GCP) to purchase the commitment. This commitment is then labeled as a Flex Commitment. - Active Commitment Management:
All Flex Commitments are visible in your dashboard under the “Active Commitments” tab, where you can filter between:- Your Existing Commitments: Directly managed by you.
- Usage’s Flex Commitments: Managed by Usage under the program.
Key Benefits of the Flex Commitment Program
- No 3-year lock-in:
Usage provides cashback protection for any loss associated with a Flex-commitment, ensuring you’re never left paying more than you should. - Performance-Based Pricing:
You’re only billed a percentage of the realized savings from Flex Commitments, aligning our success with your cost reductions. - Automated and Effortless:
No need to manually manage complex cloud commitments. Usage handles the purchasing, monitoring, optimization, and provide a monthly savings report for all connected cloud accounts. - Full Transparency:
The dashboard provides clear visibility into which commitments are managed under the Flex Program and the savings generated.
Why Choose the Flex Commitment Program?
The Flex Commitment Program offers the best of both worlds:
- The cost savings of long-term cloud commitments.
- The flexibility and security to adapt to changing usage patterns with built-in risk protection.
If you have any questions about your Flex Commitments, feel free to reach out to our support team at support@usage.ai for more details.