Hi HN community!
My name is Kane and I'm on the product team at www.usage.ai , a cloud cost optimization company.
After honing our product on AWS, I'm excited to announce our availability for customers on GCP and Azure!
At a high level, Usage insures committed use-discounts (CUDs) to reduce commitment risk and enable higher savings for companies on the cloud.
With traditional CUDs, you commit to a certain level of usage over a specified period in exchange for discounted rates from the cloud provider. However, if your actual usage falls short of the committed amount, you may not fully realize the savings and may even end up paying more than you would have on an on-demand basis.
Insured CUDs takes the concept of committed-use discounts a step further by adding an insurance component to mitigate your commitment risk.
With our Insured CUDs, your commitments to public cloud providers are fully insured by Usage and backed by a cash-back guarantee. If your actual usage falls below the committed amount, the insurance steps in to cover the difference, ensuring that the you receive the full benefit of the CUD without the risk of overpaying.
Pricing: We only charge a percentage of savings. In exchange for a portion of the savings, we insure the full value of the commitment.
Are you currently trying to lower your public cloud costs? Visit our website our reach me directly (kane@usage.ai) to ask about the special we're running for the HN community!
