The need to reduce budgets inside enterprise cloud environments continues to grow. At the same time, many organizations are faced with one-size-fits all payment options through their cloud providers. As roadmaps and priorities shift against the backdrop of reduced capital and tightened ROIs, organizations are left to wonder how they can 1) minimize spending risk throughout the year, and 2) create more predictable budgeting environments. Advanced planning rewards the planner – especially when it comes to designing your cloud computing operations – which is why we’re pleased to announce the release of IBM Cloud Reservations on IBM Cloud Virtual Servers for VPC.
What are IBM Cloud Reservations?
Consider this: Your favorite out-of-town friends come to visit your city for the weekend, and you really want to treat them to the experience of eating at your favorite restaurant (which happens to be very popular). You can’t take the chance of waiting two hours for a table once you’ve arrived. Being the excellent planner you are, you decide to make a reservation ahead of time. With that reservation comes no wait time, a great table location, enough seating for your party, and a stress-free dining experience.
IBM Cloud Reservations on IBM Cloud Virtual Servers for VPC are much like the example above. You can reserve virtual servers, in a specific IBM Cloud Availability Zone and IBM Cloud Data Center in advance. Your reserved capacity is not only guaranteed, but also delivers savings up to 60% compared to on-demand IBM Cloud billing cycles. You can claim that capacity any time you need it for critical production times. With IBM Cloud Reservations – unlike standard monthly IBM Cloud Virtual Servers for VPC – you choose from a one-or-three-year term. Either term is billed with monthly payments. No upfront payment necessary. The vCPU, RAM, instance storage, and GPUs are included in your reservation for the duration of your term. Additional components, including network bandwidth, additional storage services, OS, and third-party software are charged. By reserving your virtual server in advance, you’re saving two things – time and money.
Let’s go over the key features:
- Locked-in cost-efficiency through your one-or-three-year term with discounts up to 60% off standard, on-demand pricing.
- Improved budgeting and forecasting with consistent monthly payments.
- Guaranteed capacity and availability of your virtual server in your IBM Cloud VPC when and where you need it for the duration of your term.
- Flexibility in provisioning by converting any existing on-demand virtual server to IBM Cloud Reservation billing and attaching or detaching any compatible virtual server to your reservation.
- Fast deployment in minutes through IBM Cloud’s developer-friendly catalog, UI, API, or CLI.
Who should use IBM Cloud Reservations?
IBM Cloud Reservations on IBM Cloud Virtual Servers for VPC are ideal for organizations with sustained workloads, especially those who seek to resolve cloud capacity and availability issues. They’re also valuable for new-to-cloud companies dealing with one-to-three-year internal procurement cycles who could use instant savings without the large up-front payment.
Getting started
IBM Cloud Reservations for IBM Cloud Virtual Servers for VPC are currently available on Balanced profiles. Additional profiles, including Compute and Memory will be made available throughout 1H’24.
Visit our IBM Cloud documentation pages to view all available profile configurations.
Or, head straight into our IBM Cloud Catalog provisioning page to explore deployment options, and compare and contrast discounts for your preferred reservation.
Image one: Catalog tile | IBM Cloud Reservations for IBM Cloud Virtual Servers VPC
Image two: Provisioning | IBM Cloud Reservations for IBM Cloud Virtual Servers VPC
Image three: Provisioning | IBM Cloud Reservations for IBM Cloud Virtual Servers VPC
Get USD 1,000 in IBM Cloud credits
If you’re curious about deploying your first workload on IBM Cloud VPC, or you’re an existing customer looking to provision new instances, then be sure to use our limited time promotion for IBM Cloud VPC. Get USD 1,000 in credits to use toward any of your new VPC resources—including all compute, network and storage components with promo code VPC1000 at checkout.