What is it?
CTP (Cloud Trading Platform) is Bespin's unique FinOps service offering designed to help you get more savings on AWS on-demand workloads without the risk of committing.
On behalf of you, we will:
- Analyze your AWS spending
- Determine exactly how much RI and SP to purchase
- Purchase RI/SPs
- Manage RI/SPs
- Optimize further as your spending pattern changes
Your benefits will include:
- Having Bespin's FinOps experts to do all the heavy lifting for your AWS RI/SP optimization
- Completely removing the risk of committing to 1~3 years. As part of the offering, we take the full risk of the commitment so that you don't have to make any RI/SP long-term commitments. This means that any commitment is on Bespin as your cloud partner, not you. You will have no risk from decreased spending or completely walking away.
- Still benefiting from RI/SP discounts.
Which AWS services are covered?
Currently, we cover on-demand EC2, Lambda, and Fargate.
How does it work?
In order to be eligible for CTP, there are 2 prerequisites.
- Your AWS accounts need to be resold by Bespin
- Your AWS accounts need to be added to OpsNow
When the prerequisites above are satisfied, Bespin will:
- Bespin's FinOps experts will analyze your past 30-day spending to come up with an AWS RI/SP purchase plan that is tailored to your spending pattern.
- If needed, we will work with you to gather more information such as your 6-month business growth plan
- The FinOps team will purchase and manage RI/SPs for you.
- The FinOps team will revisit and analyze your spending regularly to see if there's any more room for optimization.
- We will pass on most of the savings back to you via our invoice to you.
Is there a service fee?
This is a fully transparent offering. There is no service fee, but we take 20% of the monthly savings that we achieved (vs. on-demand) as risk and management fee. If we are unable to achieve any savings for you, then we don't charge anything.
How do I sign up?
Please contact your sales executive and/or account manager. We are happy to provide you with an initial assessment and work with you to determine if you can save from CTP.