Intel Capital partners with Spotinst to offer portfolio $500k in savings
What is Spotinst?
Spotinst is a platform for automatically leveraging and managing spare capacity at AWS, Azure, and Google Cloud, helping companies save an average of 80% on their cloud compute costs.
How does Spotinst save you 80%?
Cloud providers sell their spare capacity (eg Spot Instances) for heavy discounts (~80%), but this spare capacity can be terminated at any time with no prior warning. Leveraging algorithms that predict these terminations ahead of time, Spotinst offers an SLA guaranteeing 100% availability, consistency, and data integrity on this spare capacity.
No architectural changes
Guided setup within 1 hour
First $500k of savings are free (for Intel Capital portfolio)