ShareSave provides risk-free Auto-pilot EC2, RDS, ElasticCache, OpenSearch, and Redshift Reserved Instances Management.

ShareSave is ideal for organizations that are growing rapidly and are having difficulties keeping track of everything ranging from server side, CMS stack, API stack, analytics, to linear playout engine.

ShareSave is also ideal for organizations that, during their rapid expansion, over-buy reserved instances at an alarming rate to keep up with the demands and it is now difficult for them to wind down after everything settles. ShareSave can not only help during their expansion but also helps save a substantial percentage on monthly AWS costs with the help of ShareSave RI management, ShareSave Scheduler, and ShareSave Graviton programs.

ShareSave Automations

The following is the list of cost saving automations under ShareSave:

Risk-Free Commitment

Real-time, risk-free, hands-free automatic life-cycle management of Amazon EC2 and RDS commitments.

The ShareSave AI engine collects Amazon CloudWatch and AWS CloudTrail logs and continuously monitors and analyzes infrastructure usage data points. It then automatically reacts in real time by purchasing RIs upon an increase in compute usage and selling RIs upon a decrease in compute usage. nOps continuously purchases and sells commitments on an hourly basis, depending on your infrastructure’s capacity changes.

ShareSave grabs the most lucrative discounts in the Amazon EC2 Reserved Instance Marketplace.

Graviton

Switching workloads to AWS Graviton-based instances that provide the best price-performance for workloads in Amazon EC2.

Resource Scheduler

nOps ShareSave Resource Scheduler makes it easy to pause resources during inactivity and leverages the Amazon EventBridge bus to deliver signals to resources to stop them during inactivity and restart them when they are most likely to be used automatically.

ShareSave Dashboard

The Sharesave Dashboard provides clear visibility of the potential savings that can be achieved using the nOps Platform. The ShareSave program is able to process 6 months worth of data.

nOps continually refines its savings recommendations and strives to take ShareSave to absolute perfection.

The ShareSave Dashboard consists of three sections:

  1. Savings Summary and Breakdown

  2. List of Opportunities

  3. Filter

Savings Summary and Breakdown

In the Savings Summary, you will find:

  • Lost Opportunities — Money you could have saved, if you had signed up for nOps ShareSave, in the last 60 days.

  • Estimated Total Saving — Estimated saving nOps ShareSave for the specified time period (MTD, 7 Days, 30 Days, 60 Days, 90 Days).

  • Estimated Total ShareSave Fee — What we will charge for saving your money.

  • Estimated NET Savings — What you Save after paying nOps.

  • Net Savings % — The percentage of costs that you saved vs on-demand

  • Estimated Annualized Net Savings — What you will save in a year with ShareSave (Estimated savings vs on-demand with ShareSave).

You can also select the following tabs within the Saving Summary and Breakdown section to see a graphical representation and breakdown of your savings with respect to date and opportunity type:

  • Total Savings

  • Total ShareSave Fee

  • Net Savings

  • Annualized Net Savings

List of Opportunities

The List of Opportunities section consists of the following list:

  • List of Risk-Free Commitments

  • List of Graviton

  • Resource Scheduler

Action against the List of Risk-Free Commitments are automatic and are carried out by the nOps ShareSave AI.

In the List of Risk-Free Commitment, click on an opportunity name to expand the list and see the details including resource name, account name, region, previous configuration, suggested configuration, detection date, total savings, and action:

In the List of Graviton, click on an opportunity name to expand the list and see the details including resource name, region, previous configuration, suggested new configuration, detection date, and total savings:

In Resource Scheduler, click on an opportunity name to expand the list and see the details including instance type, account name, region, schedule name, new configuration, confidence level, total saving, and action:

Click on the Schedule button against an opportunity to create an automated schedule to turn the instance on and off with the help of EventBridge. To learn more about the Resource Scheduler, see Utilize nOps Resource Scheduler with EventBridge Integration to Reduce Costs Automatically.

Filters

Use the Filter section, to apply filters on the entire ShareSave dashboard based on the selected cloud accounts and opportunity types:

Prerequisites

You must have access to your AWS Master Payer Account ID. With this ID, we will be able to generate a $5 Market Place Private Offer (MPPO) and send it over to you. It's very easy to accept the offer and onboard an account.

nOps recommends that you link your AWS accounts to nOps with Automatic Setup. If you are an advanced AWS user and have specific requirements, you can also link your account to nOps with Manual Setup, Multi-Account Setup with Terraform, and Multi-Account Setup with CloudFormation.

If you are an existing nOps customer, in order to get access to all the cost saving features of ShareSave, you might need to update the IAM permissions for nOps. To update the IAM permissions:

  1. Log into your nOps account.

  2. Click on your profile name in the top right corner.

  3. Navigate to the IAM Policy Update section. You will see a list of your AWS accounts associated with nOps.

  4. Click the Update on AWS button against your master payer account. Make sure that you are already logged in to your master payer account before you click the button.

  5. Click the Update on AWS button against all associated accounts. Make sure that you are already logged in to the respective AWS account before you click the button (optional).

ShareSave Configuration

The configuration of ShareSave is divided into the following sections:

  1. List of Risk-Free Commitments

  2. List of Graviton

  3. Resources Scheduler

In the scope of this document, we will go through the configuration of ShareSave - List of Risk-Free Commitments.

To learn about ShareSave - Resource Scheduler and its configuration, see Utilize nOps Resource Scheduler with EventBridge Integration to Reduce Costs Automatically. To learn about the ShareSave - List of Graviton and its configuration, see Graviton.

To configure ShareSave - List of Risk-free Commitment, follow these steps:

  1. Log in to your nOps environment and head over to the ShareSave dashboard:

  2. On the ShareSave dashboard, in the List of Opportunities section, click the Configure Risk Free Commitment button:

    1. If your account has already been configured, you won’t see the Configure Risk Free Commitment button. The button is only visible to new customers and existing customers who haven't configured ShareSave yet.

    2. Risk Free Commitments are only available to customers that onboard a Master Payer Account. You will not see the button if you haven’t onboarded a Master Payer account.

  3. Once you click the Configure Risk Free Commitment button, the following pop-up will appear:

    1. If the pop-up does not appear, make sure that the pop-up isn’t being blocked by your browser.

    2. Before you click Proceed, make sure that you're logged in to your AWS master account in the same browser.

  4. After you click Proceed, nOps will take you to your AWS console’s CloudFormation Quick create stack page —with all the required information pre-filled— in order to create the required Cost and Usage Report (CUR). Acknowledge and click Create stack:

ShareSave - List of Risk-Free Commitments configuration is now complete.


Note: It will take upto 24 hours for the data to populate in nOps.


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