Reserved Instance Lifecycle becomes important when you are committing for 1 or 3-year long period. This will help you to save huge on your instances but the key is to utilize it efficiently. If the RIs purchased are left underutilized then you won’t be able to get the ROI that you have forecasted.
Now, you can manage your RI lifecycle with our RI planner, which provides:
1. RI Utilization and Tracker
2. RI purchasing and modification recommendations
3. RI Amortization
4. Inventory Management