Utilization Tab
The utilization is one of the indicators of how well you are using or benefiting from the commitment. This is the percentage of the used commitment out of the total purchased commitment. In a sense, the higher the utilization, the greater the cloud cost savings.
All/Savings Plans/Reserved Instance tabs: These tabs allow the user to segment the dashboard view by commitment type. Select All, Savings Plans, or Reserved Instance to display the corresponding utilization data.
Filter: These dropdown filters allow for refining the dataset. Users can scope the report by Type and by Account.
OpsNow Insight AI: An AI-driven analysis panel that provides a natural language summary of the cost data. It highlights significant trends, anomalies, and potential areas for investigation.
Summary Usage Information of Commitments: This section displays key performance indicators (KPIs) summarizing the financial performance and efficiency of the commitment.
All: This card displays the total count of all commitment plans that are currently being displayed.
Total Utilization: Indicates the overall effectiveness of the commitment portfolio. This metric is the percentage of the total purchased commitment value that was successfully applied to eligible usage. Higher utilization rates correlate directly to greater realized cloud cost savings. Total Utilization = (RI Used commitment amount + SP Used commitment amount) ÷ Total purchased commitment amount × 100
Commitment: Displays the total monetary value of the purchased commitment.
Used Commitment: Displays the portion of the total commitment value that was successfully applied to cover eligible resource usage.
Total Savings: The net financial savings achieved, calculated as the difference between the On-Demand Cost Equivalent for the covered usage and the cost of the commitment applied to that usage. Total Savings = (RI On-Demand Cost Equivalent + SP On-Demand Cost Equivalent) - (RI Used commitment amount + SP Used commitment amount)
Savings Rate: A percentage representing the financial efficiency of the commitments. Savings Rate = Total Savings ÷ (RI On-Demand Cost Equivalent + SP On-Demand Cost Equivalent) × 100
Utilization and Net Savings Chart: It plots the monetary value of Utilization (represented by the blue shaded area) against the Net Savings (represented by the yellow line).
Search Bar: This search field allows you to filter the data table below. You can enter keywords, such as a specific account name or ID, to quickly find the exact row of data you need.
Download Button: This icon allows you to download and export the data from the detailed report, typically as a CSV or Excel file, for offline reporting and analysis.
Table: This table provides a line-item breakdown of commitment utilization by resource.
All: This card displays the total count of all commitment plans that are currently being displayed.
Account Name (ID): The specific cloud account, identified by its name and unique ID, to which the resource belongs.
Type: The service or product category for the resource.
Region: The geographical location where the resource is deployed.
Platform: The operating system or database engine used by the resource.
Instance Type: The specific hardware configuration of the resource.
Coverage: The percentage of this resource's usage that was covered by any commitment.
My On-Demand Cost Equivalent: The monetary value of this resource's usage that was covered by your purchased commitments, shown at its on-demand price.
Other On-Demand Cost Equivalent: The monetary value of this resource's usage that was covered by commitments owned by other accounts, shown at its on-demand price.
Total Cost: The final cost of this resource for the period, which includes the cost of any commitments applied plus any remaining on-demand charges.
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