Luxbill Reserved Instance Optimization Program (RIO) is an AWS reservation management program that provides greater optimization and savings without the day-to-day management or financial risks. Through this program, Luxbill will purchase and manage Reserved Instances (RIs) and Savings Plans (SPs) on your behalf. With the Luxbill RIO program, AWS customers with existing reserved instances and savings plans have seen a 210% average increase in optimization and a 7-24% cost reduction in their overall AWS monthly bill.
Luxbill RIO is an AWS reservation management program that provides significant optimization and savings without the day-to-day management or financial risks. Through RIO, Luxbill will optimize your options and empower you through RI & SP management by:
We manage and administrate your RI & SPs strategy to de-risk your process and enable you to do what matters most – drive business growth.
Storyblocks, a photography and royalty-free stock media company, needed to reduce the costs of its AWS infrastructure without burdening its internal IT resources. To take on this challenge, Storyblocks turned to Luxbill for its Luxbill Foundation service and its Reserved Instance Optimization (RIO) program. By using Savings Plans, Storyblocks now covers 86% of their EC2 instances resulting in monthly savings of nearly $20K. They now leverage intelligent-tiering for Amazon S3 to reduce monthly storage costs by 34%, from $38K to $25K. Further, we identified reserved instance purchase opportunities to lower their Amazon Redshit costs by $1.4K per month.
Our Reserved Instance Optimization (RIO) Program is an AWS reservation management service that provides greater optimization and savings without day-to-day management or worrying about financial risks. With the Luxbill RIO program, AWS customers with existing reserved instances and savings plans have seen a 210% average increase in optimization and a 7-24% cost reduction in their overall AWS monthly bill.
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