How a US bank saved USD 18.4M on AWS in one month.
A US financial institution, a USD 250M five year AWS Enterprise Discount Program commitment, and a first offer already drafted for signature. Benchmarked on day one with Vera AI, negotiated by Redress, signed at AWS's quarter end.
- Day one · the question
Do we have any leverage at all?
AWS's offer: EDP base discount 15 percent, AI SKUs 10 percent, cross service discount 30 percent on EC2, S3 and RDS, no rollover of unused commit, and the bank's name on AWS's reference list.
- Day one · the benchmark
Not a good deal.
Five points below the lowest comparable at the bank's commit level, ten of fourteen terms behind an executed AWS agreement. The leverage made visible: scale, AWS's earlier proposals, and its quarter end.
- Day thirty · the result
Twelve terms better than the paper AWS expected to be signed.
EDP 18 percent, AI SKUs 20 percent, cross service 40 percent, 15 percent rollover of unused commit, USD 13M of migration and final year credits, reference clause removed, no AI training on the bank's data.
Vera AI benchmarked the offer on day one and repriced every AWS proposal as it arrived, SKU by SKU. Redress wrote the strategy, the talking points and every email, and found the two point trade into the AI SKUs worth almost four times as much. Client name withheld, shared under NDA.