Hi HN,<p>I’m cofounder of <a href="https://www.vantage.sh/" rel="nofollow">https://www.vantage.sh/</a> - I previously worked at AWS and DigitalOcean.<p>Today Vantage is launching Autopilot: a managed service that identifies and applies savings to your AWS account by automating the buying and selling of reserved instances. This is saving early customers over 50% in some cases. Upon opting into Autopilot, if your on-demand EC2 costs increase, Vantage purchases 3 year, no-upfront reserved instances. In the event your compute spend decreases, Autopilot will list your reserved instances for sale in the AWS EC2 Reserved Instance marketplace on your behalf.<p>Unlike other providers that charge you egregious fees (20% or more), Autopilot only charges you 5% of the savings found. These are your cost savings and I believe you should have as much of the benefit as possible.<p>Some of our current customers include Barstool Sports, PlanetScale, Panther, and MIT.<p>Happy to answer any questions or feel free to contact me at ben [at] vantage [dot] sh if I can be helpful.
Seems like a clone of <a href="https://www.usage.ai" rel="nofollow">https://www.usage.ai</a> which has been on the frontpage a few times recently, but just undercutting the finders fee - I guess that's the "other providers that charge you egregious fees"
This is really cool!<p>If you do what you say you do, this is a lot of value to be had relative to the costs.<p>We're coming to the end of our cloud credits and I was thinking about next steps - definitely giving this a shot.
This looks very interesting!<p>Given that you're purchasing 3-year RIs and then selling them on the marketplace, do you have stats on the risk of a listing not being purchased by someone for an extended period of time, and that eating into the potential savings?<p>> This is saving early customers over 50% in some cases<p>Does this 50% number account for the risk of unused RIs sitting unsold in the marketplace?<p>I saw in your docs that you're pursuing SOC2 compliance in 2022. Any updates on the timeline?<p>Do you take into account existing Savings Plan purchases and existing RIs that the account already has?
Since reserved instances are shared across AWS organizations:<p><a href="https://docs.aws.amazon.com/awsaccountbilling/latest/aboutv2/ri-behavior.html" rel="nofollow">https://docs.aws.amazon.com/awsaccountbilling/latest/aboutv2...</a><p>Does this work across AWS organizations? Or currently targeting individual AWS accounts?
I signed up, it told me I had to upgrade to Pro, and there was a 14 day trial. I signed up for the trial, provided my CC, and it still charged me $30. Not a huge deal, but can you please fix whatever bug is causing that?<p>It can leave a bad taste.
Is there a difference between your service and SpotInst aka Spot.io? Do you claim to have a better algorithm? It would be interesting to load the same app with both companies and see how the spend differs
Interesting project! As for the market, do you guarantee a buyer? Also, what's the difference between Vantage selling our overprovisioned RIs vs us listing it to the marketplace directly?
This seems like something you could build over a weekend. I'm excited to see an open source alternative for this.<p>EDIT: Folks, if you're truly large enough to benefit from vantage, please talk to your AWS/GCP/Azure rep and work with them on deciding what you should do for committed usage. There are a lot of ways to save money on cloud costs, and they all start with a conversation with your cloud provider. If you don't have enough spend to have a cloud provider rep, vantage isn't going to save you that much money.