Maximizing AWS EDP spend: how companies can optimize existing cloud commitments with Conga

In today's rapidly evolving digital landscape, cloud computing has become the backbone of many businesses, offering scalability, flexibility, and efficiency like never before. Amazon Web Services (AWS) stands at the forefront of this revolution, providing a comprehensive suite of cloud services to businesses of all sizes. 

The AWS Enterprise Discount Program (EDP) offers significant cost savings for organizations committing to long-term usage of AWS services. However, simply having access to these discounts is not enough. Companies must strategize and optimize their AWS spending to derive maximum value from their EDP commitments. And when these strategies allow companies to add industry leading software that is built on AWS, it makes purchasing decisions easy.

Understanding the AWS Enterprise Discount Program (EDP) 

Before delving into strategies for optimizing EDP commitments with Conga, it's essential to understand how the program works. The AWS EDP is designed for organizations that are willing to commit to a significant volume of AWS usage over a specified period, typically three to five years. In exchange for this commitment, AWS offers discounted pricing on a wide range of services.

The discount tiers within the EDP are based on the volume of usage, with higher discounts awarded for higher levels of committed spending. These discounts can result in substantial cost savings for organizations, making the EDP an attractive option for businesses with predictable or steady cloud usage.

Strategies for maximizing EDP commitments with Conga 

Sometimes, EDP commitments can become a barrier to profitable growth. For example, tightened budgets and suspended projects—both of which are common in today’s economic climate—may mean the cloud consumption initially forecast years ago no longer align with present realities. So, while AWS discounts offer valuable opportunities, unused dollars can become a wasted investment each year.

One popular option to reduce your EDP commitment is to purchase qualifying products on AWS Marketplace. Since this spend is already committed, it makes sense to use it on products to help your organization improve efficiency and grow profitably.

Conga is the leader in Revenue Lifecycle Management (RLM) software. Our solutions give more than 12,000 users confidence in configure, price and quote (CPQ), contract lifecycle management (CLM), and document automation (document generation and eSignature). With use cases in every industry and customers around the world, Conga drives predictable revenue today.

AWS customers can now retire EDP commitments through an extensive lineup of Conga products built on AWS. These may be purchased either directly from the public listing, providing a self-serve option, or through a private offer arrangement with Conga: 

• Conga Contracts: Increase control and efficiency with critical contract management processes.
• Conga Sign API: Unlock powerful, affordable, enterprise-grade eSignature.
• Conga Contract Intelligence: Manage risk and optimize contracts with powerful AI.
• Conga Composer API: Generate on-brand, professional-looking documents with a few clicks.
• Conga CPQ API (new product coming in 2024)
• Conga CLM (another new product coming in 2024)

Two Conga Application Managed Services—Conga Assist and Conga Architect—are also available for purchase publicly in AWS Marketplace or via private offer. These offerings retire AWS EDP commitment and provide deep expertise, experience, and flexibility of use to help ensure your success at every step of your digital transformation journey.

Start making the most of your cloud spend commitment 

AWS EDP offers significant cost savings for organizations committing to long-term AWS usage. However, to fully capitalize on these savings, companies must adopt a strategic approach to AWS spending optimization.

Establishing a collaborative relationship with the AWS account team can provide valuable insights and recommendations for optimizing EDP commitments. Account managers can offer guidance on best practices, cost optimization strategies, and new AWS products and services that align with your business objectives. By leveraging the expertise of the AWS team, organizations can maximize the value derived from their EDP investments.

Purchasing Conga products and services can also help organizations maximize the value of their EDP commitments and drive greater efficiency in their cloud operations. With careful planning and execution, companies can unlock the full potential of AWS while minimizing costs and maximizing ROI. Visit our website to learn more about the power of combining Conga and AWS.