{"id":3803,"date":"2021-02-11T21:01:30","date_gmt":"2021-02-12T02:01:30","guid":{"rendered":"https:\/\/ptp.cloud\/?p=3803"},"modified":"2025-07-22T21:07:54","modified_gmt":"2025-07-23T01:07:54","slug":"zero-risk-aws-cost-savings-plan","status":"publish","type":"post","link":"https:\/\/ptp.cloud\/zero-risk-aws-cost-savings-plan\/","title":{"rendered":"Infinite Innovation Interview: Managing AWS Costs with PTP\u2019s Zero Risk RI Rebate Program"},"content":{"rendered":"[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;section&#8221; _builder_version=&#8221;4.16&#8243; da_disable_devices=&#8221;off|off|off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row admin_label=&#8221;row&#8221; _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_code _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]\n<article><!-- [et_pb_line_break_holder] --><pee><!-- [et_pb_line_break_holder] -->Managing cloud costs is a growing priority for life sciences and biotech organizations relying on AWS to power research, analytics, and operations. AWS offers options like<!-- [et_pb_line_break_holder] --><a href=\"https:\/\/aws.amazon.com\/savingsplans\/\" target=\"_blank\" rel=\"noopener noreferrer\">Savings Plans<\/a> and<!-- [et_pb_line_break_holder] --><a href=\"https:\/\/aws.amazon.com\/ec2\/reserved-instances\/\" target=\"_blank\" rel=\"noopener noreferrer\">Reserved Instances (RIs)<\/a>, but understanding and managing these effectively can be time-consuming and risky\u2014especially for teams focused on advancing therapies or clinical research.<!-- [et_pb_line_break_holder] --><\/pee><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><\/p>\n<div style=\"position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; margin-top: 1.5em;\"><!-- [et_pb_line_break_holder] --><iframe<!-- [et_pb_line_break_holder] -->src=&#8221;https:\/\/www.youtube-nocookie.com\/embed\/zKVE5GoUmy0?rel=0&#8243;<!-- [et_pb_line_break_holder] -->title=&#8221;Zero Risk AWS RI Rebate Program \u2013 Infinite Innovation Interview&#8221;<!-- [et_pb_line_break_holder] -->loading=&#8221;lazy&#8221;<!-- [et_pb_line_break_holder] -->style=&#8221;position: absolute; top: 0; left: 0; width: 100%; height: 100%; border: 0;&#8221;<!-- [et_pb_line_break_holder] -->referrerpolicy=&#8221;strict-origin-when-cross-origin&#8221;<!-- [et_pb_line_break_holder] -->allow=&#8221;accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share&#8221;<!-- [et_pb_line_break_holder] -->allowfullscreen><!-- [et_pb_line_break_holder] --><\/iframe><!-- [et_pb_line_break_holder] --><\/div>\n<p><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><\/p>\n<div style=\"text-align: center; margin: 1.5em 0;\"><!-- [et_pb_line_break_holder] --><a href=\"https:\/\/www.youtube.com\/watch?v=zKVE5GoUmy0\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"Watch the full video on YouTube\" style=\"text-decoration: none;\"><!-- [et_pb_line_break_holder] --><strong>Watch the full video on YouTube<\/strong><!-- [et_pb_line_break_holder] --><img src=\"https:\/\/ptp.cloud\/wp-content\/uploads\/2024\/09\/Youtube-icon-300x300.png\" alt=\"Watch cloud savings strategies for biotech teams\" width=\"26\" height=\"26\" loading=\"lazy\" decoding=\"async\" style=\"vertical-align: middle; margin-left: 8px;\" \/><!-- [et_pb_line_break_holder] --><\/a><!-- [et_pb_line_break_holder] --><\/div>\n<p><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><\/p>\n<h2>Why It Matters for Biotech and Life Sciences<\/h2>\n<p><!-- [et_pb_line_break_holder] --><pee><!-- [et_pb_line_break_holder] -->Life sciences companies using AWS need cost-efficient, compliant infrastructure to support high-performance computing, research data storage, and secure collaboration. Whether you&#8217;re using<!-- [et_pb_line_break_holder] --><a href=\"https:\/\/ptp.cloud\/services\/\" title=\"managed IT services for life sciences\">managed IT services for life sciences<\/a>, deploying<!-- [et_pb_line_break_holder] --><a href=\"https:\/\/ptp.cloud\/aws-high-performance-compute-for-genomics-workloads\/\" title=\"infrastructure for biotech workloads\">biotech infrastructure<\/a>, or preparing for clinical trials, optimizing AWS costs is essential.<!-- [et_pb_line_break_holder] --><\/pee><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><\/p>\n<h2>Zero Risk RI Rebate Program Overview<\/h2>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<h3>What\u2019s Included<\/h3>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<ul><!-- [et_pb_line_break_holder] --><\/p>\n<li>No upfront costs \u2014 PTP purchases and manages Reserved Instances for your environment.<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<li>Continuous optimization \u2014 Targeting 70%+ RI coverage and 90%+ utilization across EC2, RDS, and RedShift.<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<li>No risk \u2014 PTP absorbs all financial and operational risk.<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<li>Flexible terms \u2014 Cancel anytime with 60 days\u2019 notice.<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/ul>\n<p><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><pee><!-- [et_pb_line_break_holder] -->This program aligns with the goals of<!-- [et_pb_line_break_holder] --><a href=\"https:\/\/ptp.cloud\/services\/\" title=\"managed cloud services for life sciences\">managed cloud services for life sciences<\/a>, delivering savings without disruption or additional overhead.<!-- [et_pb_line_break_holder] --><\/pee><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><\/p>\n<h3>How It Works<\/h3>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<ol><!-- [et_pb_line_break_holder] --><\/p>\n<li>Scan AWS environment for usage patterns.<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<li>Apply AI tools to identify optimal RI opportunities.<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<li>Compare AWS Marketplace vs direct AWS pricing.<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<li>Evaluate risk-to-reward scenarios for each purchase model.<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<li>Prioritize AWS Marketplace RI purchases, supplement with direct as needed.<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/ol>\n<p><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><pee><!-- [et_pb_line_break_holder] -->This hands-free approach removes the complexity of AWS RI strategy from your internal team\u2014perfect for those using<!-- [et_pb_line_break_holder] --><a href=\"https:\/\/ptp.cloud\/services\/\" title=\"outsourced IT services for life sciences\">outsourced IT services<\/a>.<!-- [et_pb_line_break_holder] --><\/pee><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><\/p>\n<h3>Program Assumptions<\/h3>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<ul><!-- [et_pb_line_break_holder] --><\/p>\n<li>PTP and client split RI savings 50\/50.<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<li>Rebates applied quarterly (Feb, May, Aug, Nov).<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<li>Clients agree not to purchase\/exchange RIs independently.<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<li>Notify PTP if usage may decline by \u226515% (30 days\u2019 notice).<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/ul>\n<p><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><\/p>\n<h2>Built for Scientific and Cloud-Driven Teams<\/h2>\n<p><!-- [et_pb_line_break_holder] --><pee><!-- [et_pb_line_break_holder] -->Ideal for biotech firms and life sciences companies that want to save on AWS without hiring a dedicated FinOps team. Whether you\u2019re a<!-- [et_pb_line_break_holder] --><a href=\"https:\/\/ptp.cloud\/services\/\" title=\"CRO with global operations\">CRO<\/a> or a biotech startup scaling infrastructure, PTP simplifies cloud savings through full-service RI management.<!-- [et_pb_line_break_holder] --><\/pee><!-- [et_pb_line_break_holder] --><\/article>\n<p><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><\/p>\n<section style=\"background-color: #f4f4f4; padding: 2em; border-radius: 8px; margin-top: 2em;\"><!-- [et_pb_line_break_holder] --><\/p>\n<h3>\ud83d\udd0e Transcript Highlights: PTP Zero Risk AWS RI Rebate Program<\/h3>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<ul><!-- [et_pb_line_break_holder] --><\/p>\n<li><strong>00:00<\/strong> \u2013 PTP and AWS billing strategies for RI savings<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<li><strong>01:06<\/strong> \u2013 How RI programs normally require time, money, and risk<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<li><strong>01:40<\/strong> \u2013 Why biotech and life sciences teams benefit most<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<li><strong>02:10<\/strong> \u2013 What\u2019s included in PTP\u2019s zero risk cost savings plan<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<li><strong>03:15<\/strong> \u2013 AWS Marketplace strategy for buying RIs<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<li><strong>04:20<\/strong> \u2013 Quarterly rebate process and contract terms<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/p>\n<li><strong>05:10<\/strong> \u2013 How it aligns with outsourced IT services for biotech<\/li>\n<p><!-- [et_pb_line_break_holder] --><\/ul>\n<p><!-- [et_pb_line_break_holder] --><\/section>\n<p><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><script type=\"application\/ld+json\"><!-- [et_pb_line_break_holder] -->{<!-- [et_pb_line_break_holder] -->\"@context\": \"https:\/\/schema.org\",<!-- [et_pb_line_break_holder] -->\"@type\": \"VideoObject\",<!-- [et_pb_line_break_holder] -->\"name\": \"Zero Risk AWS RI Rebate Program \u2013 Infinite Innovation Interview\",<!-- [et_pb_line_break_holder] -->\"description\": \"Learn how PTP\u2019s Zero Risk Reserved Instance (RI) Rebate Program helps life sciences teams save on AWS costs without financial or operational risk. 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They explain how biotech and life sciences companies can reduce AWS cloud costs without financial or operational risk by letting PTP manage Reserved Instances. The discussion covers AWS Marketplace purchasing strategies, rebate distribution timelines, cancellation terms, and the benefits for research teams using outsourced IT services. The program targets over 70% RI coverage with 90%+ utilization, providing significant savings and simplified billing for scientific organizations.\"<!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] -->}<!-- [et_pb_line_break_holder] --><\/script>[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n<span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>Reduce AWS costs without risk. PTP\u2019s rebate program helps life sciences and biotech companies save on EC2, RDS, and RedShift through fully managed Reserved Instances.<\/p>\n","protected":false},"author":2,"featured_media":10361,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"Managing costs in the cloud is critical. \u00a0AWS provides incredible opportunity to accelerate the speed of business, but the proper oversight into costs and methods to manage those costs are important but also complex. \u00a0AWS has several programs such as the AWS Cost Savings Plan that can lower usage costs in exchange for commitments or pre-purchase. \u00a0For companies that are not willing or able to make that commitment, PTP has an incredible new offer, the PTP Zero Risk RI Rebate Program. \u00a0In this edition of the Infinite Innovation Interview series, Gary Derheim talks with Ethan Simmons, PTP's Managing Partner, about the details of the program, the requirements and what our customers can expect to save. \u00a0You'll be glad you watched!\r\n\r\n\u00a0\r\n\r\n[embed]https:\/\/youtu.be\/zKVE5GoUmy0[\/embed]\r\n\r\n\u00a0\r\n<h4>Zero Risk RI Rebate Program Details<\/h4>\r\n<div><\/div>\r\n<ul>\r\n \t<li>No Upfront Costs \u2013 PTP will take on all of the upfront RI costs<\/li>\r\n \t<li>Optimization \u2013 PTP will actively manage RI usage. The target is (70%+ RI coverage and 90%+) RI utilization across EC2, RDS, and RedShift.<\/li>\r\n \t<li>No Risk \u2013 PTP will take on the RI cost and <a href=\"https:\/\/ptp.cloud\/cloud-optimization-and-management\/\">management<\/a> on your behalf.<\/li>\r\n \t<li>No Long-Term Commitment \u2013 We only request a 60-day notification before cancellation. 30 days is required.<\/li>\r\n<\/ul>\r\n<div><\/div>\r\n<div><\/div>\r\n<h5>Below is the logic our team applies when considering RIs for original purchase:<\/h5>\r\n<div>1. Scan Account Environment<\/div>\r\n<div>2. AI tool will identify RI opportunities<\/div>\r\n<div>3. Scan AWS Marketplace for RI offers first, and compare them with RIs sold by AWS directly for discount benefits<\/div>\r\n<div>4. AI Tool will compare the risk\/discount benefit of purchasing partial, no upfront, and full upfront RIs and Marketplace vs. AWS direct.<\/div>\r\n<div>5. Purchase (partial term) RIs from <a href=\"https:\/\/aws.amazon.com\/marketplace\">AWS Marketplace<\/a> first<\/div>\r\n<div>6. Purchase the rest of RIs directly from AWS (either no upfront, partial upfront, or fully upfront)<\/div>\r\n<div><\/div>\r\n<div><\/div>\r\n<h4><\/h4>\r\n<h4>Program Assumptions<\/h4>\r\n<ul>\r\n \t<li>PTP will split the PTP proceeds of the RI savings 50\/50 with our client.<\/li>\r\n \t<li>Your quarterly rebate will be applied to your AWS bill from PTP in the following months: February, May, August, November.<\/li>\r\n \t<li>You agree that you will not purchase\/sell\/exchange any RIs and that PTP will be the sole manager of your RI inventory.<\/li>\r\n \t<li>You agree that in the event of a planned usage decline of 15% over the previous month, you shall provide PTP with a 30-day notice of the expected decline.<\/li>\r\n<\/ul>","_et_gb_content_width":"","content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23,9,34,83],"tags":[],"table_tags":[],"class_list":["post-3803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aws-archive","category-cloudops-archive","category-finops-archive","category-learning-videos-archive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AWS RI Optimization for Life Sciences | PTP Zero Risk Rebate Program<\/title>\n<meta name=\"description\" content=\"Learn how life sciences teams reduce AWS cloud costs with no upfront commitment. PTP\u2019s Zero Risk RI Rebate Program manages and optimizes Reserved Instances for you.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ptp.cloud\/zero-risk-aws-cost-savings-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AWS RI Optimization for Life Sciences | PTP Zero Risk Rebate Program\" \/>\n<meta property=\"og:description\" content=\"Learn how life sciences teams reduce AWS cloud costs with no upfront commitment. PTP\u2019s Zero Risk RI Rebate Program manages and optimizes Reserved Instances for you.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ptp.cloud\/zero-risk-aws-cost-savings-plan\/\" \/>\n<meta property=\"og:site_name\" content=\"PTP | Cloud Experts | Biotech Enablers\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PTPCloud\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-12T02:01:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-23T01:07:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ptp.cloud\/wp-content\/uploads\/2021\/02\/AWS-Cost-Savings-Plan-PTPs-Zero-Risk-RI-Rebate-Program.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"912\" \/>\n\t<meta property=\"og:image:height\" content=\"508\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gary Derheim\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@PTPCloud\" \/>\n<meta name=\"twitter:site\" content=\"@PTPCloud\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gary Derheim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ptp.cloud\/zero-risk-aws-cost-savings-plan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ptp.cloud\/zero-risk-aws-cost-savings-plan\/\"},\"author\":{\"name\":\"Gary Derheim\",\"@id\":\"https:\/\/ptp.cloud\/#\/schema\/person\/9164cae6fb27fb76f79e048d8dd2d8ab\"},\"headline\":\"Infinite Innovation Interview: Managing AWS Costs with PTP\u2019s Zero Risk RI Rebate Program\",\"datePublished\":\"2021-02-12T02:01:30+00:00\",\"dateModified\":\"2025-07-23T01:07:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ptp.cloud\/zero-risk-aws-cost-savings-plan\/\"},\"wordCount\":551,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ptp.cloud\/#organization\"},\"image\":{\"@id\":\"https:\/\/ptp.cloud\/zero-risk-aws-cost-savings-plan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ptp.cloud\/wp-content\/uploads\/2021\/02\/AWS-Cost-Savings-Plan-PTPs-Zero-Risk-RI-Rebate-Program.jpg\",\"articleSection\":[\"AWS\",\"CloudOps\",\"FinOps\",\"Learning Videos\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ptp.cloud\/zero-risk-aws-cost-savings-plan\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ptp.cloud\/zero-risk-aws-cost-savings-plan\/\",\"url\":\"https:\/\/ptp.cloud\/zero-risk-aws-cost-savings-plan\/\",\"name\":\"AWS RI Optimization for Life Sciences | PTP Zero Risk Rebate Program\",\"isPartOf\":{\"@id\":\"https:\/\/ptp.cloud\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ptp.cloud\/zero-risk-aws-cost-savings-plan\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ptp.cloud\/zero-risk-aws-cost-savings-plan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ptp.cloud\/wp-content\/uploads\/2021\/02\/AWS-Cost-Savings-Plan-PTPs-Zero-Risk-RI-Rebate-Program.jpg\",\"datePublished\":\"2021-02-12T02:01:30+00:00\",\"dateModified\":\"2025-07-23T01:07:54+00:00\",\"description\":\"Learn how life sciences teams reduce AWS cloud costs with no upfront commitment. 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