AWS Cost Optimization & Financial Services Tools

Get Lower Rates

By leveraging the combined usage of all of our clients, we give you instant access to lower rates on services that have tiered pricing discounts such as CloudFront, S3, Data Transfer, Support, and more.

Trim the Fat

See unused resources that could be trimmed from your bill, servers that are over-sized, and detailed recommendations for purchasing Reserved Instances (RI).

Ask an Expert

Our OptiMiser portal is self-service, but sometimes it’s nice to ask an expert. We provide free access to our team of AWS Billing PhD’s to help you navigate your bill, discuss cost optimization strategies, and purchase RI’s.

Stop Spending Spikes

Don’t wait until you get your next bill to learn your spending has increased dramatically. Set up proactive cost alerts so you can react before it's too late.

Understand your Bill

Use our interactive charts and reports to understand exactly what you have running in AWS, how much it is costing you, which projects or departments are consuming the most resources, and how your usage is trending over time.

Monitor Best Practices

As an added bonus, we show you the current status of over 500 best practices for your account that we check on a daily basis. The best practices are broken down into the following categories: Security, Cost, Availability, Usage, and AWS Trusted Advisor.

What discounts will I receive?

AWS offers tiered discounts for services such as S3, Data Transfer, and Cloud Front. Taking S3 as an example, our combined usage for all customers in our AWS Cost Optimization program (depending on the region) qualifies us for the highest discount tier. When Privo calculates your S3 bill, you are charged a blended rate (basically a weighted average of our total S3 rates) that continues to decrease as more and more customers join the program (i.e. as more usage is charged at the very lowest rate, the blended rate goes down). As you can see from the table below the discounts can be quite significant:

S3 Pricing Example

Will Privo help me purchase Reserved Instances (RIs)?

Yes. Sometimes it can feel like you need a PhD in RI Studies from AWS University to understand all of the available RI options! Fortunately, our OptiMiser portal analyzes your Cost and Usage Report data from AWS and provides the best RI purchase recommendations based on your usage, complete with a calculated Return on Investment (ROI). You can then purchase the recommended RI's from your AWS console. If you have questions, our knowledgeable RI PhD's are here to help!

Does Privo mark up my AWS hosting invoice?

No. It’s the opposite. You are charged for your exact usage, but at lower, blended rates for certain services with tiered discounts. Marking up your AWS hosting invoice, in addition to being extremely sleazy, would be a violation of our AWS Channel Reseller Agreement.

What is the impact of joining the Privo “Organization”?

Joining multiple accounts together to enjoy lower rates on tiered services (i.e. consolidated billing) is a feature of AWS "Organizations". You can find "Organizations" in your AWS console. While there are several potential changes to your AWS account which could be implemented through Organizations using Service Control Policies (SCPs), Privo does not implement any such policies and never will. We use Organizations only to enable consolidated billing.

How easy is it to leave your AWS Cost Optimization service?

Crazy easy. Simply log in to your AWS Console, click “Organizations” and click the button to leave the Privo Organization. That’s it!

Does Privo make money from the AWS Cost Optimization service?

No one actually asks us this question, but we know you're thinking it! The answer is yes, we do. However, wonderfully, this money does NOT come out of your pocket. AWS offers incentives to Channel Resellers which offset our costs for offering the service. Additionally, Privo buys and sells Reserved Instances (RIs) for workloads not covered by customer RIs. These workload are primarily dynamic workloads which would not be economical for individual customers to cover with RIs, but when considered in aggregate, they become stable enough to make additional RI purchases worthwhile. Put another way, while it may be possible for an individual customers to cover 75% of their workloads with RIs, Privo can cover an additional 5% without suffering the ill effects of unmatched RIs. It's a win-win-win. AWS gets customers that are cost optimized (so less likely to be poached by other cloud providers), Privo gets an opportunity to work with lots of customers that might need AWS consulting services at some point, and you get instant savings and free, powerful tools for optimizing your account.

Does joining this service give Privo access to my data?

No. To join this service our OptiMiser portal must have a high-level view of your AWS inventory and consumption, but that in no way grants us any access to any specific resources or data.

What changes will occur when I join your free service?

Before we answer this question, it's important to highlight one change that will NOT occur. Your account will not become a Privo account--it will always be your account under your name. There are a few important changes, however:

Your AWS hosting invoice will come from Privo, not AWS. Joining our AWS Cost Optimization service triggers an accounting change in AWS, joining you to our consolidated bill which includes the combined usage of all of our customers. It's like joining a buyers club. This allows all customers using the service to enjoy lower rates on tiered services such as S3, Data Transfer, and CloudFront.
Your AWS account will join the Privo "Organization". Consolidated billing is a feature of AWS "Organizations" which can be found in your AWS console. While there are other account changes that can be implemented via Organizations (using "Service Control Policies (SCPs)"), the Privo Organization does not implement any changes and never will.
The "Bills" and "Cost Explorer" sections of the AWS console will be replaced with our OptiMiser cost management portal. As part of this service, Privo provides free access to our OptiMiser portal, replacing the limited functionality of the "Bills" and "Cost Explorer" sections of your AWS console. OptiMiser is an incredibly powerful cost management system and it is one of the primary benefits of this service.

We had a tight timeline for this project and Privo came through. They had the infrastructure experience we were looking for, and they surprised us with their depth of knowledge around HIPAA and our security compliance requirements.

We couldn’t be more pleased with our new infrastructure. Having Privo manage the infrastructure month to month, allows us to focus on developing new features for our application.

Javier Ferrer, Data Analyst

Coastal Care Services

In our business, web traffic can increase by a factor of a hundred overnight. Instead of over-provisioning resources like we did in the past, our setup automatically spawns new servers to meet demand. When the demand recedes, the number of servers goes down as well. It delivers tremendous performance and it’s very cost effective.

Privo has been a tremendous partner throughout this process!

Peter Barnet, CEO

Promosis

It was a great experience. In fact, I had initially reached out to Privo several months earlier and they followed up with me at just the right time.

I felt like they listened to our needs and worked very hard to design a plan that met our needs and budget. In fact, I have always felt like a very valued client despite being a small, growing business.

Get control of your AWS spending, lower your bill, and optimize your AWS account.

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Get Lower Rates

Trim the Fat

Ask an Expert

Stop Spending Spikes

Understand your Bill

Monitor Best Practices

Frequently Asked Questions

S3 Pricing Example

Don’t Take Our Word For It

Javier Ferrer, Data Analyst

Coastal Care Services

Peter Barnet, CEO

Promosis

Chad Smith, Partner

Stonewall Analytics

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