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Parquantix provides AWS cost management and optimization for customers and partners, using an AI-driven tool to monitor, analyze, and optimize AWS usage in real time. It optimizes compute and database utilization through active procurement and management of Reserved Instances and Savings Plans, offering up to 60% savings versus on-demand rates. For qualified partners, Parquantix covers upfront RI/Savings Plans fees and amortizes them, and the platform enables selling unused RIs in the AWS Marketplace to upgrade to newer instances for better price performance.
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