Tag: Reserved Instances

Many people are under the impression that cloud computing, which is marked by pay-as-you-go pricing, is impossible to buy with year-end funds. However, AWS has solutions to help you obligate year-end funds to secure a cloud future. The end of the federal government fiscal year is fast approaching. With budget left to spend before September 30, the clock is ticking for agencies to obligate their remaining FY2018 funds.

No matter where you work, accounting for your costs can be complex. This is especially true in the public sector, where organizations, universities, and other entities are required to adhere to strict accounting constraints – particularly when accounting for grants and other forms of external funding. Oftentimes, customers use external funding to purchase cloud resources, so it is important that these funds are only allocated towards costs associated with the specific researcher or project for which the external funding was obtained.

The shift from buying hardware to accessing cloud services makes technology faster, easier and less expensive. It also allows you to buy using operating expenses (OpEx) instead of capital expenses (CapEx). But what if you have money that needs to be spent at the end of your budget year? Take a look at your options […]