3

Antimetal - Use AI to save up to 75% on your AWS bill | Product Hunt

 1 year ago
source link: https://www.producthunt.com/posts/antimetal
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
neoserver,ios ssh client

Support is great. Feedback is even better.

"Thanks for checking out our launch! We’d love to hear your feedback and answer any questions you have about the product, our future roadmap, or anything else!"

The makers of Antimetal
guest-user-avatar.png?auto=compress&codec=mozjpeg&cs=strip&auto=format&w=36&h=36&fit=crop
Sort by:

As Head of Product and Revenue at Tinder, I oversaw the team that managed our relationship with AWS and the significant cloud spend that accompanied it. It took an entire team and thousands of man hours every year for us to reign in our cloud costs—despite those efforts, we still faced uncertainty whether we had missed anything—which we undoubtedly did.

With Antimetal, that all changes.

@jmj Even with a dedicated team and significant resources, cloud cost optimization remains a complex and ongoing challenge for businesses big and small. Excited to be able to take your insights from Tinder and pass them along to the companies we work with.
@jmj It’s been great to get to work with you and incorporate your insights into our product! Excited to be finally rolling Antimetal out to the Product Hunt community.
@jmj Congrats on the launch, I'm sure a lot of us are always looking to save money wherever we can these days!
@jmj Congratulations on your launch! Great problem to be working on solving! Excited to see how we can use this within our company to cut down our hosting costs!

If you're an AWS customer, this is one of those no-brainer solutions once you discover it.

With AWS On-Demand pricing, you have no long term commitments and maximum flexibility based on your usage — but you'll pay an arm and a leg.

With AWS Reserved, AWS instances are basically set aside just for you — for periods of 2-3 years. So you might pay less but you're locked into a long term commitment. If you're a startup, your needs may change and so you can't risk taking the long term bet just to save some money.

Enter Antimetal: they use AI to analyze your AWS usage and procure services only based on what you need, saving you money and avoiding long term lock-in.

They're able to do this by creating a secondary marketplace for your Reserved contracts — and they automate the buying, selling, and transferring of these commitments among their customers.

Win-win-win.

And, best of all — it's free for startups for the first year, and then after that, Antimetal takes its cut from the money they save you.

Like I said: no-brainer! 🧠

Thanks @chrismessina for hunting Antimetal!

We designed Antimetal specifically to address the challenges you mentioned with AWS pricing options, especially the importance of flexibility for startups and the risk of long-term commitments. I truly believe it’s a win-win-win situation.

Thanks for the support, @chrismessina! Excited to be finally sharing Antimetal with a wider audience.

Congratulations on the launch of Antimetal 🎉

The features you've outlined sound incredibly helpful for anyone managing AWS costs, and I'm sure many businesses will appreciate the potential for significant savings. Your AI-driven engine and Autopilot feature seem like real game-changers!

I do have a question: How does Antimetal handle sudden spikes in usage or unexpected changes in resource demands, especially when it comes to making recommendations and executing them automatically?

Wishing you all the best with your launch and continued growth! 🚀

@vera_mur Thanks, Vera! Excellent question, this is something I've thought a lot about.

If you have a large increase in usage, Antimetal will automatically purchase additional reserved instances/savings plans to cover that new spike in usage; and if you ever have a big downward spike, we can automatically sell those reservations to other customers on Antimetal or on the AWS marketplace. One of our big innovations is an online marketplace algorithm which resizes and re-lists savings infrastructure on the marketplace to make it sell up to 3x faster than normal.

That said, for companies looking to dramatically scale down their infrastructure, Autopilot may not be a good solution, but you can still manually approve specific recommendations in the dashboard. This allows you to experience savings with more control.

In the near future, we plan to offer additional configurations for Autopilot to make it best suited to your specific needs (scheduling, instance-specific rules, etc.)

@vera_mur That’s something we’ve put a lot of thought into addressing. Sudden spikes in usage and changes in resource demands are definitely something that we have worked hard to solve.

When resources change, Antimetal will automatically adjust in real time, purchasing or selling reserved instances to match the workload. We’re able to quickly transfer commitments to our other customers or resize and re-list them on the marketplace to sell quicker when they become under-utilized. That said, in extreme cases, we won’t cover certain instances or spikes in usage that we aren’t confident we can cover.

As @shreyasiyer said, there is also the option to manually approve savings recommendations based on internal forecasts or when downscaling resources dramatically and we have exciting things in the pipeline to make autopilot intelligently and accurately adapt to a wider spectrum of usage trends.

Congrats on the launch! This seems like a very interesting tool 👌🏿. I may give it a go because it would be good to reduce our spending on EC2 machines. This spending is not huge but if we can reduce it further, why not :) ?
@ed_forson Thanks for the kind words. Our goal is to build a tool that works for both large and small accounts. At the end of the day the more savings the better!

@ed_forson Thanks, Eddie! As @sohamparkeh mentioned, we've built Antimetal to work for anyone and everyone. Whether you have a few instances or a few thousand instances, Antimetal can help you cut your cloud bill significantly!

If you have any questions, reach out.


About Joyk


Aggregate valuable and interesting links.
Joyk means Joy of geeK