What is Eco?

Automated Optimization for AWS Savings Plans and Reserved Instances simplifies the entire journey of planning, acquiring, and refining your cloud commitments portfolio. Eco plays a pivotal role in managing the lifecycle of reserved instances, developing a cloud commitment portfolio that maximizes return on investment while minimizing risk, specifically designed to meet your existing and prospective needs. By identifying and offloading unused capacity and securing appropriate short-term, third-party reservations from the AWS Marketplace, Eco enables you to benefit from long-term pricing options without incurring significant financial obligations. This methodology ensures that you maximize your return on investment from cloud commitment acquisitions through meticulous analysis, adjustments, and alignment of unutilized reserved instances and Savings Plans to meet resource demands. Furthermore, Eco automates the purchasing strategies for reserved instances throughout their lifecycle in the AWS Marketplace, ensuring that workloads consistently benefit from the most advantageous pricing structures. The collaboration between Finance and DevOps teams is significantly improved by offering complete visibility into compute consumption and automating the selection of the most suitable reserved instances, which ultimately results in a more effective cloud resource management strategy. Additionally, these features empower organizations to swiftly adapt to evolving requirements while effectively managing their cloud expenses, fostering a more agile and responsive cloud environment. Ultimately, the integration of such capabilities leads to enhanced operational efficiency and strategic alignment within the organization.

Pricing

Free Version:
Free Version available.
Free Trial Offered?:
Yes

Integrations

Screenshots and Video

Company Facts

Company Name:
Spot by NetApp
Company Location:
United States
Company Website:
spot.io/product/eco/

Product Details

Deployment
SaaS
Training Options
Documentation Hub
Online Training
On-Site Training
Support
Standard Support
24 Hour Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Eco Categories and Features

SaaS Management Software

License Management
Onboarding
Renewal Management
SaaS Operations Management
Shadow IT Detection
Spend Management
Subscription Management
Usage Tracking / Analytics
Vendor Management