Spotinst announces strategic partnership with AWS

Spotinst, the startup that helps customers automate selecting the cheapest set of resources to complete a job, announced a strategic partnership with Amazon Web Services today, joining the AWS Partner Network (APN) Global Startups program.

Under the agreement, Amazon will help with Spotinst’s go-to-market efforts, bringing their considerable financial and sales and marketing resources to the table. Spotinst CEO, Amiram Shachar says the partnership gives the company resources it could never get on its own as a startup.

“AWS is going to take the product we have developed and we’re going to do a kind of go to market together, and actually go to their customers and offer them everything that we’ve built in the past few years,” Shachar explained.

What Spotinst does is find the cheapest resources to meet the customer requirements. Cloud platforms like AWS, Microsoft Azure and Google Cloud Platform, all of which Spotinst supports, have to maintain more resources than they need at any given time. The companies offer steep discounts to customers who want to access these resources, but they come with a strict condition that the platforms can take those resources back whenever they need them.

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