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    Spot.io Contract

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    Sold by: Spot 
    Deployed on AWS
    Vendor Insights
    Spot offers a comprehensive, enterprise-grade portfolio of FinOps and infrastructure optimization solutions purpose-built to support AWS environments.

    Overview

    Spot offers a comprehensive, enterprise-grade portfolio of FinOps and infrastructure optimization solutions purpose-built to support AWS environments.

    The Spot portfolio delivers continuous visibility and analytics as well as automated infrastructure and cost optimization. By automatically optimizing cost management and infrastructure provisioning processes and balancing purchasing decisions with application performance, reliability and scalability requirements, Spot products free DevOps teams from operational complexity and empower FinOps stakeholders with intelligent data that facilitates alignment, ownership and accountability, while maximizing application performance and driving business growth.

    Spot's CloudOps solutions for AWS include:

    Spot Ocean: Delivers a serverless containers experience. With robust, container-driven auto-scaling and intelligent right-sizing that supports ECS, EKS and Kubernetes, CloudOps teams can "set and forget" the underlying EC2 Spot Instance cluster.

    Spot Elastigroup: Enables cost-optimized, highly available and automated infrastructure scaling for AWS environments. Spot Elastigroup makes it easy to deploy mission critical and stateful workloads on AWS Spot Instances, while balancing performance, availability and cost. With advanced auto-scaling for predictable performance, plus integrations with dozens of AWS services and tools, it just takes a few clicks to get started.

    Spot Eco: Provides full lifecycle management for Reserved Instances and Savings Plans. Eco maximizes RI utilization and automates selling and conversion in the AWS Marketplace to maximize the ROI on your compute commitments. Integrates with a broad variety of services and tools including ECS, EKS, Kubernetes, ASGs, Cloudformation, Terraform and more.

    Spot Security: Provides the key capabilities to deliver a robust cloud security program for your organization. Ensure secure configurations, remove vulnerabilities and threats, maintain compliance, manage access rights, and protect your business-critical assets - all with one integrated solution for your AWS cloud.

    Cost Intelligence/Billing Engine + Spot Security Essentials: Spot Security Essentials identifies, maps, correlates and contextualizes risk attributes across your cloud infrastructure including misconfigurations and compliance violations. Then prioritizes the risks and provides remediation steps enabling users to resolve the highest priority risks to the business in the least amount of time. By bundling Cloud cost visibility and analytics with these security essentials, FinOps practioners can collaborate effectively with security staff to make the right cost and security decisions for the business.

    Monthly Fees Calculations

    For each month of the subscription term, the customer will pay a minimum monthly fee (the "Minimum Monthly Fee") for all Services purchased.

    If customer's actual monthly fees for Spot Services, calculated based on customer's actual usage (the "Actual Monthly Fee"), exceed the Minimum Monthly Fee, then, in addition to the Minimum Monthly Fee, customer will pay a monthly overage fee equal to the Actual Monthly Fee less the Minimum Monthly Fee.

    For the avoidance of doubt, customer will not receive a refund and will be obligated to pay the Minimum Monthly Fee in the event that customer's Actual Monthly Fee is less than the Minimum Monthly Fee.

    Customer's Actual Monthly Fee shall be calculated based on Customer's actual usage each month, as follows:

    Elastigroup and Ocean

    For customer's use of AWS on-demand instances, reserved instances ("RIs") and savings plans ("SPs") and/or other cloud providers on-demand instances, RIs, SPS, reserved capacity ("RC") or committed usage discounts ("CUD"), the Actual Monthly Fee equal to X US$ per 100 virtual central processing unit ("vCPU") hours; Plus

    For customer's use of AWS spot instances and/or other cloud providers spot or preemptible virtual machines ("VMs), the Actual Monthly Fee equals to X US$ per 100 vCPU hours.

    Or

    For customer's use of AWS spot instances and/or other cloud providers spot or preemptible VMs, the Actual Monthly Fee equal to X US$ per 1 US$ Savings realized by customer each month.

    Eco

    For AWS RIs and SPs and/or other cloud providers RIs, SPs and RC or CUD, the monthly fee will be equal to X US$ per 1 US$ Savings realized by customer each month.

    Billing Engine, Cost Intelligence and Security Essentials

    Actual Monthly Fees equal to: X US$ per 1 US$ of customer's Spend.

    The number of monthly vCPU hours shall be determined and the definitions of "Savings" and "Spend" shall be as detailed in the Documentation: https://docs.spot.io/connect-your-cloud-provider/dashboard 

    Highlights

    • Benefit from a comprehensive enterprise-grade portfolio of CloudOps solutions built to support AWS environments. Maximize efficiency of your cloud deployment by automatically deploying the optimal blend of spot, reserved, and on-demand compute instances for autoscaling applications while ensuring performance, scalability, and availability.
    • Enjoy hands free container and Kubernetes infrastructure through intelligent, container-driven autoscaling and resource optimization to simplify infrastructure management for ECS, EKS, or your own Kubernetes deployment.
    • Maximize savings provided by Reserved Instances and Savings Plans with sophisticated lifecycle management, powered by advanced machine learning, powerful automations, and expert oversight that keeps your portfolio diverse and optimized, avoiding expensive on-demand usage while maximizing flexibility.

    Details

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    Delivery method

    Deployed on AWS

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    Vendor Insights

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    Skip the manual risk assessment. Get verified and regularly updated security info on this product with Vendor Insights.
    Security credentials achieved
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    Financing for AWS Marketplace purchases

    AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
    Financing for AWS Marketplace purchases

    Pricing

    Spot.io Contract

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    Pricing is based on the duration and terms of your contract with the vendor, and additional usage. You pay upfront or in installments according to your contract terms with the vendor. This entitles you to a specified quantity of use for the contract duration. Usage-based pricing is in effect for overages or additional usage not covered in the contract. These charges are applied on top of the contract price. If you choose not to renew or replace your contract before the contract end date, access to your entitlements will expire.
    Additional AWS infrastructure costs may apply. Use the AWS Pricing Calculator  to estimate your infrastructure costs.

    12-month contract (7)

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    Dimension
    Description
    Cost/12 months
    Overage cost
    Savings realized by Elastigroup and Ocean
    EG and Ocean managed savings by infrastructure optimization for VMs and Containers
    $0.28
    100 VCPU hours run for Spot Instances or Preemptible VMs
    Ocean hours run on Spot vCPU for infrastructure optimization of containers
    $1.415
    100 vCPU hours run for OD, RIs, SPs, RC and CUD
    Ocean hours run on on-demand vCPU for infrastructure optimization of containers
    $1.415
    Savings realized by Eco
    Eco managed Savings by reserved commitment optimization with Spot Commitment management
    $0.28
    Spot Security
    Hosts scanned by Spot Security per hour
    $0.012
    Ocean for Spark
    Core hours of Spark Applications executed on OFAS in the month
    $0.025
    % of Cloud $ analyzed by Billing Engine, Cost Intelligence, and Security Essntls
    The greater of total monthly cloud provider charges excl. support, or 33,333
    $0.03

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    Legal

    Vendor terms and conditions

    Upon subscribing to this product, you must acknowledge and agree to the terms and conditions outlined in the vendor's End User License Agreement (EULA) .

    Content disclaimer

    Vendors are responsible for their product descriptions and other product content. AWS does not warrant that vendors' product descriptions or other product content are accurate, complete, reliable, current, or error-free.

    Usage information

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    Delivery details

    Software as a Service (SaaS)

    SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.

    Support

    Vendor support

    24/7 support from Spot.io engineers via in-app chat, Email or phone

    AWS infrastructure support

    AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.

    Product comparison

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    By VMware Tanzu CloudHealth

    Accolades

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    Top
    10
    In Application Servers
    Top
    25
    In ML Solutions
    Top
    10
    In Business Intelligence & Advanced Analytics

    Customer reviews

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    Sentiment is AI generated from actual customer reviews on AWS and G2
    Reviews
    Functionality
    Ease of use
    Customer service
    Cost effectiveness
    11 reviews
    Insufficient data
    Positive reviews
    Mixed reviews
    Negative reviews

    Overview

     Info
    AI generated from product descriptions
    Container Orchestration Management
    Provides serverless containers experience with robust, container-driven auto-scaling supporting ECS, EKS, and Kubernetes environments
    Infrastructure Optimization
    Enables cost-optimized and highly available infrastructure scaling for AWS environments with advanced auto-scaling capabilities
    Reserved Instance Management
    Delivers full lifecycle management for Reserved Instances and Savings Plans with automated selling and conversion capabilities
    Multi-Cloud Cost Analytics
    Provides continuous visibility and analytics for infrastructure optimization across different cloud service providers and compute instance types
    Cloud Cost Tracking
    "Unified cost tracking across multiple cloud providers including AWS, Azure, and GCP with real-time visibility"
    Kubernetes Cost Management
    "Granular cost breakdown for EKS environments, correlating Kubernetes metrics with AWS pricing data and revealing pod and node utilization"
    Cost Optimization Recommendations
    "Over 60 intelligent savings opportunities including right-sizing and next-generation migration for EC2, RDS, EBS, S3, and Lambda resources"
    AI-Powered Anomaly Detection
    "Continuous real-time monitoring of cloud and SaaS spend using AI-powered anomaly detection to identify unexpected cost spikes"
    Cloud Account Integration
    "Quick 5-click integration with minimal permissions, enabling comprehensive cloud account connection within 24 hours"
    Cloud Resource Management
    Provides comprehensive visibility and analysis of multi-cloud infrastructure across dynamic business groups
    Policy Automation
    Implements dynamic policy engine for automated governance, resource management, and continuous environment optimization
    Cost Optimization Engine
    Generates tailored recommendations for resource rightsizing, reserved instance management, and infrastructure efficiency
    Multi-Cloud Analytics
    Supports comprehensive data analysis and reporting across multiple cloud environments with customizable reporting capabilities
    Anomaly Detection
    Enables detection and monitoring of unusual resource consumption, budget deviations, and potential infrastructure risks

    Security credentials

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    Validated by AWS Marketplace
    FedRAMP
    GDPR
    HIPAA
    ISO/IEC 27001
    PCI DSS
    SOC 2 Type 2
    -
    -
    -
    -
    -
    No security profile
    No security profile

    Contract

     Info
    Standard contract
    No
    No
    No

    Customer reviews

    Ratings and reviews

     Info
    4
    1 ratings
    5 star
    4 star
    3 star
    2 star
    1 star
    0%
    100%
    0%
    0%
    0%
    1 AWS reviews
    |
    16 external reviews
    Star ratings include only reviews from verified AWS customers. External reviews can also include a star rating, but star ratings from external reviews are not averaged in with the AWS customer star ratings.
    Peter Ramnath

    Provides recommendations regarding how cost and consumption can be adjusted, but the reporting and analytic capabilities are very limited

    Reviewed on Mar 06, 2024
    Review provided by PeerSpot

    What is our primary use case?

    We use the solution primarily to look at Azure consumption data for our clients.

    How has it helped my organization?

    The product gives some recommendations on how cost can be optimized based on usage. We take those recommendations and have discussions with our clients on what they can potentially do to achieve cost savings.

    What is most valuable?

    The dashboards were useful for visualizing where the cost and consumption are allocated. The recommendation section is pretty helpful. It provides an analysis of where cost and consumption can be adjusted.

    What needs improvement?

    We are not happy with the product’s reporting capabilities. We are planning to change the solution. The security compliance feature doesn’t give much data because CloudCheckr has done a majority of its development on AWS. The majority of our clients are on Microsoft Azure. There are a lot of features and information available for Amazon, but not for Azure. The tool wasn't meeting our expectations.

    The reporting and analytic capabilities are very limited. There's no ability to do scheduled email reports. The report could only be sent to a single email address. The tool was not very usable. We had multiple clients and tasks to work with.

    For how long have I used the solution?

    I have been using the solution for roughly two years.

    What do I think about the stability of the solution?

    I rate the tool’s stability an eight out of ten. We haven’t had any usability issues.

    What do I think about the scalability of the solution?

    I rate the tool’s scalability an eight out of ten.

    How are customer service and support?

    Initially, our experience with support was not that good. Eventually, there was a discussion with our account representative, and we got some additional support to help us through some of the issues we were having. It is easy to create and submit cases. It was also easy to get updates on cases. It's pretty simple.

    The solution has an online portal that we can use to submit cases. However, the type of responses we got back, and the level of assistance from the support persons reviewing our cases were not what we needed. We needed a little bit more in-depth help, which the team couldn’t provide. We had to go directly to our account representative to get the right response.

    How would you rate customer service and support?

    Neutral

    How was the initial setup?

    The initial setup was pretty straightforward. It was standard. I rate the ease of setup a seven out of ten. The deployment was very quick. We can have the tool up and running within a couple of hours. Adding clients or tenants to the tool takes 45 to 50 minutes as long as we have the developer access to the tenant to set up the configuration. A cloud architect and I deploy the solution.

    We do not do any maintenance for the tool. It is a SaaS tool. It is hosted by the provider. However, the data is not stored by the tool. The tool reads data from different Azure tenants that we configure on it. The data isn't written anywhere. It's just read from the Microsoft tenant.

    What's my experience with pricing, setup cost, and licensing?

    The price depends on the actual Azure consumption and what we feed into it. The cost is on par with other providers.

    Which other solutions did I evaluate?

    CloudBolt seems to have better reporting. It has a lot more flexibility in reporting. The support is so far better than what CloudCheckr offers.

    What other advice do I have?

    Overall, I rate the tool a six out of ten.

    Shreya B.

    Spot platform aligns all cross-organizational accounts from different CSP for cloud cost governance

    Reviewed on Aug 25, 2023
    Review provided by G2
    What do you like best about the product?
    Spot platform by NetApp enables us to assign mandatory tags on all deployed resources, which helps in cloud resource cost segregation quickly.

    We can map our cloud infrastructure footprint under a single dashboard & utlize its recommendations to evaluate potential savings.

    It provides comprehensive governance control to identify unneded resource deployments and carry out its decomissioning activities in our cloud environments.
    What do you dislike about the product?
    Since its resource analyzer is cloud-based utility backed up by a cloud provider & region, the availability of Spot instances may fluctuate & may affect the feasibility of cloud optimization strategies.

    This is applicable to all service platforms that rely upon Cloud Service Provider (CSP), hence its not a major downside, looking at the overall cloud spend management.

    By streamlining our workloads with Spot insights, we determine cost predictions & estimate resource expenditures based on historical data & changes in the anticipated workloads.
    What problems is the product solving and how is that benefiting you?
    Spot platform effectively benefits us by allowing us to identify all underutilized & idle resources which can be terminated for saving resource expenditures.

    We can conveniently tag critical resources which handle our priority workload, so that it can be monitored & won't be accidentally interrupted by other deployments.

    It offers single pane of glass visibility on various metrics such as cost prediction, resource utilization, and cost trends which greatly helps with our cloud cost analysis.

    Since it supports cross-organizational accounts from different CSP, we can quickly build a centralized overview dashboard for resource reclamation, instance optimization and cloud cost governance stategies.
    reviewer2264310

    A stable and scalable solution that enables users to evaluate spending and lower their expenses

    Reviewed on Aug 24, 2023
    Review from a verified AWS customer

    What is our primary use case?

    We had not been evaluating the spending for our group. So we used CloudCheckr to evaluate what we had running and how much it cost to turn off what we did not need.

    What is most valuable?

    The solution is scalable for our purposes.

    What needs improvement?

    I found it less useful. My group took the data and organized it with Tableau. I used CloudCheckr to verify what I was seeing in Tableau. The solution must improve its user interface.

    For how long have I used the solution?

    I have been using the solution for two weeks.

    What do I think about the stability of the solution?

    I did not see any instability. I rate the product’s stability a ten out of ten.

    What do I think about the scalability of the solution?

    I rate the scalability an eight out of ten.

    Which other solutions did I evaluate?

    Tableau is more useful than CloudCheckr.

    What other advice do I have?

    People wanting to use the solution must check the documentation and be prepared for a learning curve. Overall, I rate the solution an eight out of ten.

    Which deployment model are you using for this solution?

    Private Cloud

    If public cloud, private cloud, or hybrid cloud, which cloud provider do you use?

    Amazon Web Services (AWS)
    Information Technology and Services

    Making AWS EC2 Spot Instances a Breeze

    Reviewed on Apr 19, 2022
    Review provided by G2
    What do you like best about the product?
    Algorithmic choosing of spot instance types by price using scores.
    What do you dislike about the product?
    Would be nice to have a single node group that can do x86 and arm64 without changing AMI
    What problems is the product solving and how is that benefiting you?
    AutoScaling EC2s based on application demands. Makes management and scaling easy to use and saves a lot of money that is measurable and predictable
    Andrei D.

    The product is not complete, with some bugs and pages to be improved. The service of spot is good

    Reviewed on Apr 18, 2022
    Review provided by G2
    What do you like best about the product?
    The service in chat
    the simplicity of the product
    a variety of possibilities to use the product
    What do you dislike about the product?
    The brazilian reseller dont know about the product
    the documentation is confusing
    some aws permissions is confusing to understanding
    What problems is the product solving and how is that benefiting you?
    I want to reduce my bill with aws in 30%. My best try is with spotinst
    Recommendations to others considering the product:
    Its a great option to reduce the AWS bill! Easy to use and great results
    View all reviews