Spot.io

Spot.io is a usage-based AI DevOps cloud infrastructure optimization platform, priced as a percentage of realized savings, that automatically manages spot instances and rightsizes compute resources across AWS, Azure, and Google Cloud to reduce cloud costs by up to 90% for DevOps teams, SREs, and FinOps practitioners running production workloads.

Founded in 2015 as Spotinst and acquired by NetApp in 2020 for a reported $450 million, Spot.io transforms cloud cost optimization through AI-powered automation that intelligently manages spot instances, rightsizes infrastructure, and optimizes cloud spending without compromising reliability or performance. Unlike traditional cloud cost tools that only provide recommendations, Spot.io provides active management and automation that continuously optimizes cloud resources in real-time based on workload patterns and cloud provider pricing changes.

The platform comprises three core products. Elastigroup provides AI-powered spot instance management with predictive interruption handling that forecasts interruptions 15 minutes or more in advance and automatically provisions replacement capacity across alternative instance types, availability zones, or purchasing models, maintaining a 99.9% availability SLA for production workloads. Ocean is a Kubernetes-native autoscaling engine for Amazon EKS, Azure AKS, Google GKE, and self-managed clusters that automates node pool management, bin-packing, and spot-based container infrastructure, eliminating manual cluster autoscaler tuning. Eco provides algorithmic management of AWS Reserved Instance and Savings Plan portfolios, buying and selling commitments on secondary markets to maintain optimal coverage as usage patterns change across multiple accounts.

Spot.io serves organizations ranging from growth-stage startups to Fortune 500 enterprises. Documented customer deployments include Samsung, which reduced cloud compute costs by 80% across production workloads using Elastigroup, and Ticketmaster, which cut Kubernetes infrastructure costs by 60-70% using Ocean to handle variable event-driven traffic with spot instances. Duolingo leveraged the platform to optimize compute for its language learning application serving millions of daily users.

The platform holds SOC 2 Type 2 and ISO 27001 certifications and is compliant with GDPR and CCPA requirements. Data processing occurs within the customer's own cloud account, with only metadata stored in Spot.io's SaaS layer, encrypted with AES-256 at rest and TLS 1.2+ in transit. Role-based access control with SSO integration through Okta, Azure AD, and SAML 2.0 providers ensures enterprise-grade identity management.

Spot.io integrates with infrastructure-as-code tools including Terraform (via the spotinst/spotinst provider), CloudFormation, and Pulumi, as well as CI/CD systems like Jenkins, GitHub Actions, and GitLab CI. Monitoring integrations cover Datadog, Prometheus, and Grafana. SDKs are available for Python, Go, Java, and JavaScript/Node.js, alongside a comprehensive REST API authenticated via bearer token or API key.