Archera

Established in 2019 by two brothers named Aran Khanna, Nikhil Khanna, Archera (formerly Reserved.ai) is a company providing a cloud resource automation solution. Archera is an information technology company specializing in the fields of cloud cost optimization, reserved instances, dev ops, and finance. The company's software automates purchasing, renewing and exchanging EC2 RIs and CRIs.

The company's Cloud Resource Automation Solution manages the cloud resources of companies through building forecasts, identifying and automatically executing optimal commitment plans, monitoring the resources, and offering protection.

The company's solution allows:

• Tagging and attribution—Automated tagging provides visibility into a company's infrastructure and costs without cross team coordination and re-provisioning infrastructure.
• Planning for dynamic usage—Purchasing recommendations are created using historical usage data, with future strategies and business projections in mind.
• ML optimized purchase and renewal planning—ML modeling is used to consider possible commitment combinations and find purchasing strategies from available options based on projected usage and risk appetite.
• Automated resource management—Archera automatically executes purchases, exchanges, and renewal plans to facilitate cloud strategy execution.
• Cost-anomaly identification—Continuous monitoring of usage and costs allows for root cause and response to cost anomalies and optimization opportunities.
• Commitment buy-back—Buy-back of unused commitments to ensure companies are not locked into unused resources.