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Spot by NetApp

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Description

Automated Optimization for AWS Savings Plans and Reserved Instances streamlines the entire process of planning, purchasing, and enhancing your cloud commitments portfolio. Eco facilitates the lifecycle management of reserved instances, crafting a cloud commitment portfolio that is both high in return on investment and low in risk, tailored to your current and future requirements. By pinpointing and liquidating unused capacity while acquiring suitable short-term, third-party reservations from the AWS Marketplace, Eco allows you to reap the benefits of long-term pricing without being tied down financially. This approach ensures that you achieve the highest possible return on investment from your cloud commitment purchases through thorough analysis, adjustments, and alignment of unutilized reserved instances and Savings Plans with resource demands. Additionally, Eco automates purchasing strategies for reserved instances throughout their lifecycle in the AWS Marketplace, guaranteeing that workloads are perpetually operating at the best pricing. Collaboration between Finance and DevOps teams is enhanced by providing full transparency into compute consumption and automating the selection of optimal reserved instances, ultimately leading to a more efficient cloud resource management process. With these capabilities, organizations can adapt more swiftly to changing needs while optimizing their cloud expenditure.

Description

Spot by NetApp provides a comprehensive suite of solutions for cloud operations, aimed at enhancing and automating cloud infrastructure to ensure that applications consistently receive the optimal resources needed for performance, availability, and cost-efficiency. Utilizing sophisticated analytics and machine learning, Spot allows organizations to potentially cut their cloud computing costs by as much as 90% through the strategic use of spot, reserved, and on-demand instances. The platform includes extensive tools for managing cloud finances (FinOps), optimizing Kubernetes infrastructure, and overseeing cloud commitments, thereby offering complete transparency into cloud environments and streamlining operations for enhanced effectiveness. With Spot by NetApp, companies can not only speed up their cloud adoption processes but also boost their operational agility while ensuring strong security measures are maintained across multi-cloud and hybrid setups. This innovative approach facilitates a smarter, more cost-effective way to manage cloud resources in a rapidly evolving digital landscape.