Spotinst:
Helping Organizations to Run Mission-Critical
Applications at 1/10 of its Standard Compute Price
W
ith IT-enabled innovation
becoming a competitive
differentiator for almost all
types and sizes of organization; agility
in delivering IT systems and the ability
to run them reliably in a cost-effective
manner is critical. This importance has
caused the rapid rise of Spotinst, a
company that allows its clients to
reliably run their production and
mission-critical applications at a
fraction of their overall computing
price. They provide better
predictability and high-availability in
the Amazon EC2 Spot Market,
Microsoft Low-priority VMs and
Google Preemptible Vms.
The Highly Respective Leader
Spotinst was co-founded on February
2015 by CEO, Amiram Shachar;
Chief Architect, Liran Polak; and
CTO, Aharon Twizer. Before the
formation of the company, Amiram
was the Director of Architecture and
Infrastructure, Cloud Platforms at
Lycos Global Group. While working
on a migration project from an on-
premise to a public cloud environment,
he recognized several ‘loopholes’
which he could leverage to achieve
better and efficient performance, while
gaining brilliant cost reduction from
his cloud infrastructure. These unique
ideas eventually gave birth to Spotinst.
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With a massive experience of more
than nine years, Amiram led the first
private cloud project for the Israeli
army and transformed Israeli Defense
Force completely, as a result.
Entering the DevOps Solutions
Providers Segment
The founding team of Spotinst,
collectively boasts an unparalleled
experience in the domain of
infrastructure. It was more than a
decade ago when the founders took
their first step as young programmers
through MAMRAM – the elite
technology unit of the Israel Defense
Forces. They were responsible for the
management and operations of the
military data-centers and virtualization
systems. After their brief stint at IDF,
Spotinst’s founders joined various
leading companies in the industry,
managing various DevOps and
software engineering programs, while
building and maintaining large scale
cloud architectures. Simultaneously,
the Spotinst team members received
computer science degrees from various
Israeli universities, while working
under senior technology executives of
the country’s leading high-tech
companies. This super-efficient team of
computer experts decided to dedicate
their final project to the field of data-
center efficiencies and Amazon Spot
Instances utilization. Since then, the
team has been busy helping customers
to save up to ninety percent of their
computing costs.
Standing Tall in the Crowd
It doesn’t matter on which platform the
client’s infrastructure runs, the
company provides optimal framework
for compute provisioning and cost-
effective utilization with products such
as, Elastigroup, a software that
intelligently facilitates the balance
between On-Demand, Reserve, and
Spot Instances in conjunction with
making the right decisions to get the
best balance between Cost and
Performance. Additionally, it also
provides high availability in Amazon
Spot market, and Google Preemptible
VMs . Thanks to its high scalability, it
can automatically increase the number
of instances of demand spikes in order
to maintain performance and decrease
capacity lulls to reduce costs.
Elastigroup is well-suited for simple
web applications, containerized
environments and as well as for
complex legacy enterprise applications.
Spotinst also provides a cloud-agnostic
Load Balancer that provides smarter,
cheaper, and better traffic allocation
across public and private clouds. It also
brings together application load
August 2017