OpenSearch Reserved Capacity

Opportunity Name:

OpenSearch Reserved Capacity Finder

AWS Resource Type:

Amazon OpenSearch Service

Opportunity Description:

This Finder identifies opportunities to purchase Amazon OpenSearch reserved capacity based on AWS Cost Explorer's recommendations. Reserved capacity can reduce costs by up to 75% compared to on-demand pricing, providing significant savings for consistent OpenSearch workloads. The Finder analyzes OpenSearch usage patterns and presents tailored purchase options to maximize cost efficiency.

Criteria for Identifying the Opportunity:

1. Usage Analysis:
   • The Finder reviews OpenSearch usage metrics for the last 7, 30, or 60 days to identify consistent workloads.
   • Uses AWS Cost Explorer data to pinpoint eligible instances and calculate potential savings.
2. Eligibility Validation:
   • The Finder ensures resources have available reserved capacity recommendations using:
     • Regional availability.
     • Instance type and count.
3. Cost and Savings Calculations:
   • Savings calculations are derived from AWS Cost Explorer, including:
     • Annualized costs based on monthly savings.
     • Upfront costs, recurring costs, and estimated break-even periods.

Potential Savings:

• Savings Range: Up to 52% over on-demand costs.
• Example:
  • Monthly On-Demand Cost: $373.76
  • Monthly Reserved Cost: $239.62
  • Estimated Monthly Savings: $130.82 (35%)

What Happens When the Fixer is Executed?

This Finder provides recommendations only. Users can review the detailed cost comparison and manually purchase OpenSearch reserved capacity through the AWS Management Console.

Is It Possible to Roll Back Once CloudFix Implements the Fixer?

Rollback is not applicable because CloudFix does not perform the reserved capacity purchase. Users maintain full control over whether and when to act on the recommendations.

Can CloudFix Implement the Fix Automatically Once I Accept the Recommendation?

No, the purchase of OpenSearch reserved capacity must be manually executed by the user based on the recommendations provided.

Does the Fix Require Downtime?

No, purchasing OpenSearch reserved capacity does not impact running instances or require downtime.

Additional Resources:

• AWS OpenSearch Service Documentation
• OpenSearch Reserved Instances Pricing