Viewing Potential Savings

Important:The Cloud Overview page appears if you have one of the following Flexera One roles. For complete descriptions of each role available in Flexera One, refer to Flexera One Roles.

Manage organization 
View cloud costs 
Billing center viewer 
Billing center admin 

This section describes the features and business value provided on the Cloud Overview page (Cloud > Cost Optimization > Cloud Overview) and provides the following subsections:

Total Potential Savings
Setting Up Recommendations
AWS Discount Program Coverage.

Total Potential Savings

On the Cloud Overview page, the Total Potential Savings chart shows how much spend could be saved per month for your organization. Using the Billing Center drop-down, you can home in on the specific cost center or line of business you desire to investigate. Clicking the chart title—Total Potential Savings—navigates you to a table describing each specific recommendation and the potential savings for that recommendation. Clicking the specific recommendation link in the table takes you to an even more detailed view of the recommendation findings.

Flexera recommendations are created from our powerful Automation capability and Policy templates, allowing organizations to quickly add and customize recommendations. Recommendations provide some distinct advantages over recommendations provided directly by your cloud provider.

Flexera recommendations are configurable allowing you to choose different parameters to meet your business needs
Flexera recommendations are associated to billing centers allowing cost center owners to view the potential savings specific to their line of business
Flexera recommendations are included for multiple cloud providers in a single view
Flexera recommendations show savings based on actual cost of resource vs public pricing.

Total Potential Savings are tracked in two distinct categories: Rate Reduction and Usage Reduction.

Rate Reduction show what you might save per month by using a discount program from a cloud vendor such as reserved instances. The savings are aggregated from the output of Flexera’s cloud automation engine. See the following table for a description of the specific automated recommendations versions used by Flexera to aggregate the potential savings. Policies with version 2.6 or higher will need to be applied by your organization to gather the potential savings. See the Setting Up Recommendations section for more information.

Click the link in the Policy Name column to access the corresponding policy template.

Policy Name

Description

Version

AWS Reserved Instances Recommendations

Identifies AWS RIs to purchase and calculates savings.

2.6 or higher.

AWS Savings Plan Recommendations

Identifies AWS Savings Plans to purchase and calculates savings.

2.6 or higher.

Azure Reserved Instances Recommendations 

Identifies Azure RIs to purchase and calculates savings.

2.6 or higher.

Google Committed Use Discount Recommender 

Finds Google Committed Use Discount Recommendations and reports when it finds them.

2.0 or higher.

Note:Flexera recommends only enabling AWS Savings Plans Recommendations for EC2 instances. Enabling both RI and Savings Plans recommendations for EC2 instances will lead to an inaccurate count of the potential savings.

Usage Reductions show what you might save by eliminating waste in your cloud ecosystem. See the following table for a description of the specific automated recommendations versions used by Flexera to aggregate the potential savings. Policies will need to be applied by your organization to gather the potential savings. See the Setting Up Recommendations section for more information.

Click the link in the Policy Name column to access the corresponding policy template.

Policy Name

Description

Version

AWS Idle Compute Instances

Checks for instances that are idle for the last 30 days and calculates savings if terminated.

3.3 or higher.

AWS Old Snapshots

Checks for snapshots older than specified number of days and calculates savings if deleted.

3.3 or higher.

AWS Unused IP Addresses

Checks AWS for unused IP Addresses and calculates savings if deleted.

3.4 or higher.

AWS Unused RDS Instance

Checks for database services that have no connections and calculates savings if deleted.

3.3 or higher.

AWS Unused Volumes

Checks for unused volumes and if no read/write operations performed within a specified number of days and calculates savings if deleted.

3.3 or higher.

Azure Idle Compute Instances

Checks for instances that are idle for the last 30 days and calculates savings if terminated.

3.0 or higher.

Azure Old Snapshots

Checks for snapshots older than specified number of days and calculates savings if terminated.

3.0 or higher.

Azure Unused IP Addresses

Checks for unused IP addresses in the given account and calculates savings if deleted.

3.0 or higher.

Azure Unused SQL Databases

Checks for database services that have no connections and calculates savings if deleted.

3.0 or higher.

Azure Unused Volumes

Checks for unused volumes older than specified number of days and calculates savings if deleted.

3.0 or higher.

Google Cloud SQL Idle Instance Recommender 

Finds Idle Cloud SQL Instance Recommendations and reports when it finds them. You can then delete the idle volumes.

2.0 or higher.

Google Idle IP Address Recommender 

Finds Idle IP addresses and reports when it finds them. You can then delete the idle IP Addresses.

2.0 or higher.

Google Idle Persistent Disk Recommender 

Finds Idle Persistent Disk Recommendations and reports when it finds them. You can then delete the idle volumes.

2.0 or higher.

Google Idle VM Recommender 

Finds Idle Virtual Machine Recommendations and reports when it finds them. You can then delete the idle instances.

2.0 or higher.

Setting Up Recommendations

This section describes how to set up recommendations.

To set up recommendations

1. Create the Flexera Credentials for your cloud(s). Click the recommendation name in the table above for the permissions needed for each of the recommendations. Add the credentials by navigating to Credentials page (Automation > Credentials). Create the credentials in the “Master” account.
2. Use the Flexera Automation Catalog to apply the policies for the recommendations from the tables above, Use the Parameters to decide which options fit your savings options needs. Go to the Automation Catalog page (Automation > Catalog) and find the Recommendations listed below and apply the policies. The policies need to be applied in the same account where the credentials were created. Policies must be applied to the “Master” account.

Note:The minimum version is recommended for the best experience for Spend Recommendations. Using earlier versions may cause incomplete data.

AWS Discount Program Coverage

Another graph available is the AWS EC2 Running Cost by Purchase Option. This shows the percentage of coverage of various discount mechanisms. The four categories are On Demand, Savings Plan, Reserved, and Spot. See the figure below.

This graph is shown for organizations that have enabled reserved instance reallocation and savings plan reallocation. When these are enabled the purchase amount for the discount program is spread to the resources where those discounts are used. This shows the discounted cost of those resources, rather than showing no cost. Contact Flexera Support if you would like reallocation enabled.