NetApp announced that it has
completed its acquisition of Spot, a leader in compute management and
cost optimization in the public clouds.
Spot
by NetApp delivers application-driven infrastructures (ADIs), cloud
infrastructures that use analytics and machine learning to continuously
adapt to the needs of applications, to help drive cloud resource
optimization in real time, for both compute and storage. ADIs
automatically deliver the availability, performance, and capacity that
applications need at the lowest cost, accelerating the deployment and
innovation of applications. ADIs help application teams shorten
development lifecycles and run more applications in their choice of
cloud. Customers can save up to 90% of their compute and storage
infrastructure expenses, which typically make up 70% of total cloud
spending, while maintaining SLAs and SLOs.
"Together,
we are extending NetApp's vision for helping customers unlock the best
of cloud," said Anthony Lye, senior vice president and general manager
of NetApp's Public Cloud Services business unit. "With Spot by NetApp,
we will enable customers to get more out of their cloud investment to
gain competitive advantage and accelerate their business success."
"Cloud
infrastructure gives application developers the ability to develop and
deploy applications faster by providing resources almost instantly at
any time," said Amiram Shachar, CEO and cofounder of Spot. "We are
excited to join NetApp in pursuit of the shared vision to help
application owners embrace and take advantage of the full power of the
cloud."
Spot
by NetApp offers a portfolio of compute and storage services that
monitor and analyze the needs of applications and automatically optimize
cloud resources to meet those needs. Customers will be able to:
- Make
reliable and greater use of cloud excess compute capacity (aka spot
instances) and save up to 90% of compute and storage costs, which
typically make up 70% of cloud spend.
- Use compression, dedup and tiering technology to provide dramatic costs saving, up to 60% less than standard cloud storage
- Provide full value out of customers' cloud reserved capacity
- Integrated, actionable approach to managing cloud spend
- Continuously monitor, analyze and predict applications' resource needs.
- Proactively optimize cloud infrastructure to meet business and application demands.
- Automatically scale and adapt to deliver optimized capacity and performance.