Spot EcoFlexera
Maximize savings without compromising on flexibility. Get more value out of each dollar spent on RIs and SPs while minimizing financial lock-in on all your cloud services.
Vendor
Flexera
Company Website



Product details
Spot Eco is a comprehensive solution designed to maximize savings on cloud commitments. It manages Reserved Instances (RIs), Savings Plans (SPs), and Committed Usage Discounts (CUDs) across AWS, Azure, and Google Cloud Platform (GCP). Eco ensures that your cloud commitments are optimized for cost efficiency and flexibility, reducing waste and over-commitment.
Features
- Maximize Savings: Utilizes multiple strategies to maximize savings and minimize waste without excessive lock-in.
- Minimize Over-Commitment: Adjusts commitment portfolios for demand shifts, planned architectural changes, or hyperscaler policy updates.
- Multi-Cloud Management: Supports 60+ services across AWS, Azure, and GCP, managing all commitments in one place.
- Analyze, Customize, Optimize: Performs a complete analysis of usage patterns and current commitments, allowing for customized and optimized strategies.
- Broadest Multi-Cloud Support: Supports RIs, SPs, and CUDs for more services than any competitor.
- Part of a Full FinOps Solution: Integrated with Spot’s FinOps offering, delivering cloud visibility, analytics, cost management, and infrastructure optimization.
Benefits
- Significant Cost Reduction: Achieve higher savings rates while maintaining flexibility.
- Enhanced Efficiency: Optimize resource utilization and avoid over-provisioning.
- Scalability: Seamlessly adjust to changes in demand and resource requirements.
- Ease of Management: Simplifies the management of cloud commitments with automated strategies.
- Data-Driven Decisions: Provides real-time insights into container utilization and costs for informed decision-making.