Ensure that the reservation coverage percentage (i.e. the percentage of instance hours that a reservation covered) available for your Amazon EC2 Reserved Instances (RIs) does not fall below a defined threshold. Reserved Instance coverage tracks the number of running instance hours that are covered by reservations, and can be measured over a daily, monthly, quarterly, or yearly cadence. For example, you can monitor your RI coverage either at an aggregate level (e.g. monthly coverage of your entire Amazon EC2 RI fleet) or at a more granular level of detail (e.g. monthly coverage of Amazon EC2 c5.2xlarge instances running within Asia Pacific – Sydney region). The reservation coverage threshold (percentage) and the period to retrieve data about reservation coverage for, must be defined in the rule settings, on the TrendAI Vision One™ Cloud Risk Management Dashboard.
This rule can help you with the following compliance standards:
- CISAWSF
- APRA
- MAS
- NIST4
For further details on compliance standards supported by TrendAI Vision One™ Cloud Risk Management, see here.
This rule can help you work with the AWS Well-Architected Framework.
optimisation
Reserved Instances (RIs) represent a good strategy to cut down on Amazon EC2 costs by taking advantage of AWS billing at a discounted hourly rate. The Reserved Instance coverage report offered by Amazon Cost Management service allows you to discover how much of your overall EC2 instance usage is covered by RIs, so that you can make informed decisions about when to purchase or modify a Reserved Instance to ensure maximum reservation coverage. The Cost Management service provides effective recommendations for which reservations to purchase in order to help you reduce your Amazon EC2 costs.
Audit
To determine if the reservation coverage (percentage) of your Amazon EC2 Reserved Instances fall below your target coverage, perform the following operations:
Remediation / Resolution
To ensure maximum reservation coverage for your Amazon EC2 Reserved Instances (RIs), follow the context-aware RI purchase recommendations provided by AWS Cost Management service to help you reduce your AWS costs by performing the following operations:
References
- AWS Documentation
- Reserved Instance Reporting
- Best practices for AWS Budgets
- Managing your costs with AWS Budgets
- Accessing reservation recommendations
- Buy Reserved Instances for Amazon EC2
- AWS Command Line Interface (CLI) Documentation
- get-reservation-coverage
- get-reservation-purchase-recommendation
- describe-reserved-instances-offerings
- purchase-reserved-instances-offering
- AWS Announcements
- About AWS