Past Events
Cloud cost optimization needs to shift left, where cost prevention is the leading strategy, and cloud cost optimization tools are only deployed in a downstream process to catch a tiny number of usage anomalies that have slipped through the tight net of preventive checks.
Today there are 3 ways to provision capacity on cloud (think about it 3 legs of stool)
√ On-demand instances offer immediate access to compute resources with good availability,
√ Spot instances provide cost savings but experience interruptions, and
√ Capacity reservations offer the highest assurance of resource availability for steady-state workloads.
None of these methods are suitable for “Non-steady state workloads” where usage goes up and down. On-demand is very expensive and spot is unreliable. Whereas, reservations are surprisingly expensive due to 24/7 payment even when there is no usage.
Cloudidr is inventing a new category called Flex Compute (4th leg of the stool), customized for Non-steady state workloads. Flex Compute has multiple products customized for different types of workloads. Customers save 30-75% by directly purchasing through AWS/Azure/GCP instances/vms through Cloudidr at 10x-100x higher uptime.