What are the different reports available in RI Reporting and how can they be used for cost optimization?

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AWS Service: Reserved Instance (RI) Reporting

Question: What are the different reports available in RI Reporting and how can they be used for cost optimization?

Answer:

RI Reporting is a feature within AWS Cost Explorer that provides reports on Reserved Instance (RI) usage and recommendations for cost optimization. The following are the different reports available in RI Reporting:

RI Utilization Report: This report provides insights into how effectively RIs are being utilized across different instance types, sizes, and availability zones. It helps identify instances that are not covered by RIs, instances that have unused RI coverage, and instances that have excess RI coverage.

RI Coverage Report: This report provides a summary of the RI coverage across different instance types, sizes, and availability zones. It helps identify instances that are not covered by RIs and instances that have unused RI coverage.

RI Recommendation Report: This report provides recommendations for optimizing RI coverage based on historical usage patterns. It recommends which RIs to purchase, modify, or sell based on the potential cost savings.

Savings Summary Report: This report provides a summary of the potential cost savings from implementing the recommendations in the RI Recommendation Report. It helps prioritize which recommendations to implement based on the estimated savings.

These reports can be used to optimize RI usage and identify potential cost savings. For example, the RI Utilization Report can help identify instances that are not covered by RIs, and the RI Recommendation Report can provide recommendations for purchasing RIs to cover these instances. Similarly, the RI Coverage Report can help identify instances that have unused RI coverage, and the Savings Summary Report can provide a summary of the potential cost savings from selling these excess RIs.

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