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How can I identify if a cloud service or account is over- or under-committed?

The Coverage tab in OpsNow FinOps Plus – My Commitments provides a clear visualization of commitment coverage across services, accounts, and instance types. This helps organizations detect misaligned commitments and take action before waste or penalties occur.

✅ Identify Over-Provisioned Commitments

  • If a specific account or service shows a coverage rate over 100%, it means the committed usage exceeds actual consumption.
  • This may lead to unused commitments and potential financial waste.

✅ Identify Under-Covered Usage

  • If a workload is running entirely on On-Demand without any applied commitments (e.g., Savings Plans or RIs), the organization is missing out on available discounts.
  • These areas represent cost optimization opportunities.

✅ Visual Dashboard

  • The Coverage tab displays commitment vs. usage using bar charts and percentages.
  • You can instantly see the coverage rate for each service, account, or instance family, including:
    • Total committed cost
    • Actual covered usage
    • On-Demand spending

💬 Example:

“In the Asia Pacific (Seoul) region, the Aurora MySQL service shows 125% commitment coverage, indicating over-provisioning, while EC2 t3.medium instances are still billed as On-Demand, highlighting a gap in coverage.”

Benefits

  • ✅ Reduce waste from underutilized commitments
  • ✅ Convert On-Demand spend into discounted usage
  • ✅ Enable strategic commitment planning by account and service