AWS launched Savings Plans in 2019 as an easier alternative to managing Reserved Instances, offering significant savings compared to On-Demand pricing. However, the convenience of Savings Plans comes at the cost of lower savings compared to other reservation types. While Savings Plans can be a good option for many users, they may not offer the maximum possible savings due to limitations in covering all services and instance types. Archera offers an automated platform that matches actual usage with reservations offering the highest savings opportunities, providing an optimized purchase plan and continuous monitoring to ensure maximum savings. This approach aims to bridge the gap between the ease of use of Savings Plans and the potential of Reserved Instances, allowing users to save more without requiring extensive manual effort.