Savings estimation mode - AWS Compute Optimizer

Savings estimation mode

The savings estimation mode preference allows Compute Optimizer to analyze specific pricing discounts when generating the estimated cost savings of rightsizing recommendations. Compute Optimizer offers the savings estimation mode for the following pricing discounts per AWS resource:

  • Amazon EC2 and Auto Scaling group instances - Savings Plans and Reserved Instances pricing discounts.

  • AWS Lambda functions and Amazon ECS services - Saving Plans pricing discounts.

  • Amazon EBS volumes - other specific pricing discounts.

Note

The savings estimation mode preference is only available for accounts within AWS Organizations that enable Cost Optimization Hub in AWS Cost Explorer. For more information, see Cost Optimization Hub in the AWS Cost Management User Guide.

Only the account manager or delegated administrator of your organization can activate member accounts in specific AWS Regions to receive recommendations with pricing discounts. For the account manager and the delegated administrator, the savings estimation mode preference is activated by default.

If the savings estimation mode preference isn’t activated, Compute Optimizer only uses the default On-Demand pricing information.

Activate savings estimation mode

Use the following procedure to activate or deactivate the savings estimation mode preference for member accounts within specific AWS Regions.

  1. Open the Compute Optimizer console at https://console.aws.amazon.com/compute-optimizer/.

  2. Choose General in the navigation pane.

  3. Choose the Savings estimation mode tab. Then, choose Edit.

    Choose Edit
  4. In the pop-up window that appears, select the AWS Regions where you want to activate the savings estimation mode preference. Then, choose Save.

    Activate and save
  5. (Optional) Unselect the AWS Regions where you want to deactivate the savings estimation mode preference.

When you activate the savings estimation mode preference, it can take up to 24 hours for your new recommendations with specific discounts to appear. You can view your specific discount recommendations in the Estimated monthly savings (after discounts) column of a given AWS resource. For more information, see Estimated monthly savings and savings opportunity.