Optimize your reserved commitment portfolio automatically
Seize the biggest cloud discounts with the smallest commitment, maintaining flexibility and availability
Run your dynamic environments without sacrificing flexibility, uptime, or risking commitment lock in.
Spot Eco simplifies planning, purchasing, and optimizing your reserved commitments on AWS and Azure. As your infrastructure needs change, Eco Automation provides adaptive coverage and balances your reserved commitment portfolio, allowing you to realize the full ROI of your cloud commitments.
Get the most out of cloud commitment purchases
With Spot Eco, finance and operations teams have a fully managed, centralized process for managing and optimizing reserved commitments.
Fully utilize commitments
Ensure maximum ROI on cloud commitments by analyzing, modifying, and allocating Reserved Instances and Savings Plans to resource demands.
Custom-tailored strategy
Automate purchasing strategies for reserved instances in the AWS Marketplace throughout their lifecycle to ensure workloads are always running at optimal pricing. Greatly increase savings and flexibility with reserved commitment strategies based on your unique business and usage needs.
Build FinOps synergy
Enable collaboration between Finance and DevOps teams with full visibility into compute consumption and adaptive coverage that automatically adjusts to changes in workload demand.
Do you have a large number of internal teams and need to simplify billing reports? Eco Reports provides customizable cost visibility on RI and Savings Plan commitments and consumption.
See how Spot Eco helped optimize cloud utilization and generate significant savings
Using Eco by Spot has completely revolutionized how Arcadia buys, sells and utilizes reserved commitments, more than doubling our savings. We now are able to access long-term pricing with mostly short-term commitments, keeping us nimble and cost-efficient.
How it works
Eco analyzes cloud usage and billing data across all subscriptions and linked accounts, alongside detailed marketplace and industry data to deliver a holistic, aggregated view of cloud consumption.
Insights turn into action with customized strategies designed to keep commitment terms low and utilization high, while maintaining flexibility by combining various reservation and Savings Plan options.
Eco continuously and dynamically manages reserved commitment lifecycles to ensure maximum utilization and ROI of cloud purchases. Purchasing, exchanging, and selling flexible commitments is managed with automated algorithms and human oversight, delivering an optimal commitment portfolio and adaptive coverage.
Analyze
Eco analyzes cloud usage and billing data across all subscriptions and linked accounts, alongside detailed marketplace and industry data to deliver a holistic, aggregated view of cloud consumption.
Plan
Insights turn into action with customized strategies designed to keep commitment terms low and utilization high, while maintaining flexibility by combining various reservation and Savings Plan options.
Act
Eco continuously and dynamically manages reserved commitment lifecycles to ensure maximum utilization and ROI of cloud purchases. Purchasing, exchanging, and selling flexible commitments is managed with automated algorithms and human oversight, delivering an optimal commitment portfolio and adaptive coverage.
Key features
Using automation, cost specialists, and ML algorithms trained on over $1 billion in managed commitments, Eco purchases, exchanges, and sells flexible commitments maximizing coverage, which reduces on-demand use and commitment waste.
Eco supports the widest range of AWS services, ensuring no savings are left on the table. Supported services include RDS, Redshift, ElastiCache, ECS, OpenSearch, and more. In addition, Eco supports many optimization strategies, including advanced Conv. RI exchanges, RI Marketplace, SPs, & more, that are tailored to your unique usage and business needs.
Eco identifies the ideal makeup of your reserved commitment portfolio and checks for opportunities to optimize it 1,000s of time a day. By constantly monitoring your accounts for changes and actively executing based on defined strategies, Eco ensures that Savings Plans and Reserved Instances on AWS and Azure always have maximum coverage.
Eco identifies the ideal mix of commitment purchases to maximize savings while providing the most flexibility for future needs. Eco purchases, exchanges, and sells the right commitments at the right time to optimize utilization, maximizing savings while reducing commitment lock-in, on-demand use, and commitment waste.
You don’t need to change your environment or deal with a complex integration effort to start using Eco. Once enabled, Eco works with your existing portfolio of AWS and Azure reserved commitments and constantly manages their lifecycles. Engineers don’t have to change anything regarding compute specifications or the applications they use today.
Adaptive coverage
More ways to win
Understand & predict needs
Commitment portfolio optimization
Effortless deployment
Get started
Want to learn more? Watch a demo and discover how Eco can help you can enjoy long-term cloud savings without financial lock-in.
Additional resources
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- amazon web services
- aws
- cloud cost allocation
- cloud cost management
- cloud cost visibility
- container workloads
- machine learning
- reserved instances
- Reserved instances & Savings Plans
- spot instances
- Amazon Web Services
- Cloud Cost Visibility
- Container Workloads
- Reserved Instances & Savings Plans
- Spot Instances