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    Spot.io Contract

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    Vendor Insights
    Spot by NetApp offers a comprehensive, enterprise-grade portfolio of FinOps and infrastructure optimization solutions purpose-built to support AWS environments.
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    Spot.io Contract

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    Overview

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

    The Spot by NetApp 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 by NetApp 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 by NetApp'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

    Delivery method

    Features and programs

    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
    (1)

    Pricing

    Spot.io Contract

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    Pricing is based on contract duration. 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 any usage exceeds the entitle amount or not covered in the contract. These charges will be applied on top of the contract price. If you choose not to renew or replace your contract before it ends, access to your entitlements will expire.

    12-month contract (7)

     Info
    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

    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.

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    Customer reviews

    Ratings and reviews

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    15 external reviews
    External reviews are sourced from G2  and are not included in the star rating for this product.
    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.
    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
    Computer Software

    ocean is the future

    Reviewed on Apr 14, 2022
    Review provided by G2
    What do you like best about the product?
    Being able to manage the containerized workloads using a single UI that includes all the necessary information.
    What do you dislike about the product?
    The need to add nodeSelectors in order to use correctly the VNG feature
    What problems is the product solving and how is that benefiting you?
    being able to save money with great automation of the recovery process for spots instances that are taken back to the cloud provider
    Computer & Network Security

    honest Spot Ocean review

    Reviewed on Apr 11, 2022
    Review provided by G2
    What do you like best about the product?
    Easy of multi operation system use within a clustered configuration, great convenience
    What do you dislike about the product?
    manual work, configurations, and repeated manual steps
    What problems is the product solving and how is that benefiting you?
    lower costs mainly and added efficiency
    Recommendations to others considering the product:
    Dive in and have fun
    View all reviews