Rate Cards Explained
- 29 May 2024
- 3 Minutes to read
- Contributors
- Print
- DarkLight
Rate Cards Explained
- Updated on 29 May 2024
- 3 Minutes to read
- Contributors
- Print
- DarkLight
Article summary
Did you find this summary helpful?
Thank you for your feedback!
RealTheory uses rate cards to calculate the cost of your Kubernetes implementation. Some rate cards require an integration between RealTheory and a cloud provider to deliver a seamless cost analysis experience; the Custom rate card requires no integration with the host environment and allows RealTheory to provide cost analysis information for environments such as private data centers, currently unsupported cloud providers, and for bare metal servers.
When RealTheory is integrated with a cloud provider, cost analysis is as simple as assigning the rate card that best reflects the pricing plan you are receiving from your provider (On-demand (assigned by default), Reserved 1 Year, or Reserved 3 Year). Alternatively, you can configure and assign a Discount or Custom rate card to achieve a cost analysis that reflects a less-standard pricing plan or more complex pricing scenarios.
When your Kubernetes environment is located in a private data center, in a currently unsupported cloud environment, or on bare metal servers, you must configure and assign a Custom rate card to the appropriate clusters before RealTheory can provide an accurate cost analysis. Using the pricing information that you specify in a Custom rate card for standard Kubernetes infrastructure components such as nodes, storage, networking, and load balancers, etc., RealTheory can calculate costs for all clusters that have a Custom rate card assigned. If different pricing is in effect for different clusters, simply create and assign Custom rate cards for each pricing plan. For example, RealTheory is not currently integrated with OCI (Oracle Cloud Infrastructure) but RealTheory can still provide an accurate cost analysis if you use the Oracle Cost Estimator (https://www.oracle.com/cloud/costestimator.html) to determine pricing for the various resources you use and then configure a Custom rate card with that pricing information.
Choosing the Correct Rate Card
RealTheory provides several rate cards to support real-time cost analysis. Each card is best suited to a particular scenario and using the most appropriate rate card(s) will give you the most accurate cost analysis for your environment:
| Rate Card | Description | Example Applications |
|---|---|---|
| On-Demand (assigned by default) | Uses the on-demand public pricing plan for the appropriate integrated cloud provider | Use in environments that have cost integration with RealTheory when you have a pay-as-you-go pricing plan |
| Reserved 1 Year | Uses the pricing plan for Reserved Instances (RIs) or Committed Use Discount Instances (CUDs) with a 1 year commitment | Use in environments that have cost integration with RealTheory when you have a 1-year Reserved Instance or Committed Use Discount pricing plan |
| Reserved 3 Year | Uses the pricing plan for Reserved Instances (RIs) or Committed Use Discount Instances (CUDs) with a 3 year commitment | Use in environments that have cost integration with RealTheory when you have a 3-year Reserved Instance or Committed Use Discount pricing plan |
| Discount | Allows you to apply a custom discount rate to components of the Kubernetes infrastructure such as nodes, storage, networking, and load balancers, etc. to best reflect your effective discount on the on-demand pricing plan for the appropriate integrated cloud provider | Use in environments that have cost integration with RealTheory when your effective pricing plan can be reflected in a single discount rate on pay-as-you-go pricing Or Use in environments that have cost integration with RealTheory when your effective pricing plan is best reflected in custom discount rates on pay-as-you-go pricing for components of the Kubernetes infrastructure |
| Custom | Allows you to specify pricing for individual components of the Kubernetes infrastructure such as nodes, storage, and networking as well as for shared resources such as building and hardware costs to best reflect your effective pricing plan | Use in Kubernetes environments that do not have cost integration with RealTheory Or Use when you are self-hosting resources or running on bare-metal servers and you need to include costs such as rent or hardware expenses in the cost analysis |
See Also:
Rate Card Policies Explained
Was this article helpful?
