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 Savings Plans and Reserved Instances (RIs), but understanding and managing these effectively can be time-consuming and risky—especially for teams focused on advancing therapies or clinical research.
Why It Matters for Biotech and Life Sciences
Life sciences companies using AWS need cost-efficient, compliant infrastructure to support high-performance computing, research data storage, and secure collaboration. Whether you're using managed IT services for life sciences, deploying biotech infrastructure, or preparing for clinical trials, optimizing AWS costs is essential.
Zero Risk RI Rebate Program Overview
What’s Included
- No upfront costs — PTP purchases and manages Reserved Instances for your environment.
- Continuous optimization — Targeting 70%+ RI coverage and 90%+ utilization across EC2, RDS, and RedShift.
- No risk — PTP absorbs all financial and operational risk.
- Flexible terms — Cancel anytime with 60 days’ notice.
This program aligns with the goals of managed cloud services for life sciences, delivering savings without disruption or additional overhead.
How It Works
- Scan AWS environment for usage patterns.
- Apply AI tools to identify optimal RI opportunities.
- Compare AWS Marketplace vs direct AWS pricing.
- Evaluate risk-to-reward scenarios for each purchase model.
- Prioritize AWS Marketplace RI purchases, supplement with direct as needed.
This hands-free approach removes the complexity of AWS RI strategy from your internal team—perfect for those using outsourced IT services.
Program Assumptions
- PTP and client split RI savings 50/50.
- Rebates applied quarterly (Feb, May, Aug, Nov).
- Clients agree not to purchase/exchange RIs independently.
- Notify PTP if usage may decline by ≥15% (30 days’ notice).
Built for Scientific and Cloud-Driven Teams
Ideal for biotech firms and life sciences companies that want to save on AWS without hiring a dedicated FinOps team. Whether you’re a CRO or a biotech startup scaling infrastructure, PTP simplifies cloud savings through full-service RI management.
🔎 Transcript Highlights: PTP Zero Risk AWS RI Rebate Program
- 00:00 – PTP and AWS billing strategies for RI savings
- 01:06 – How RI programs normally require time, money, and risk
- 01:40 – Why biotech and life sciences teams benefit most
- 02:10 – What’s included in PTP’s zero risk cost savings plan
- 03:15 – AWS Marketplace strategy for buying RIs
- 04:20 – Quarterly rebate process and contract terms
- 05:10 – How it aligns with outsourced IT services for biotech