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This looks very interesting! 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 b

by jabo 4y ago

This looks very interesting! 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? > This is saving early customers over 50% in some cases Does this 50% number account for the risk of unused RIs sitting unsold in the marketplace? I saw in your docs that you're pursuing SOC2 compliance in 2022. Any updates on the timeline? Do you take into account existing Savings Plan purchases and existing RIs that the account already has?

epberry 4y ago
Developer advocate at Vantage here. Let me take your questions: 1. Do we have stats on liquidity in the RI marketplace (paraphrasing). Yes we do! We know that some instance types are more liquid than others and factor that into the Autopilot algorithm. 2. Does 50% account for risks? It does. We profile peaks and valleys in usage on a per compute class basis and always ensure that our RI coverage is optimally covering those peaks and valleys without running the risk of over-commitment. If there is a significant delta between peak and valley, we may make a lower RI commitment for that compute class to decrease risk. The specific coverage and savings rates are ultimately dependent on the usage by compute class which is different for each customer. 3. SOC2 timeline? We're expecting this before the end of the year. 4. Take into account existing RIs and SPs? Yes we do. The Autopilot dashboard will show you how much coverage you already have. And then here's a specific docs link with more details on this https://docs.vantage.sh/autopilot/#i-have-existing-aws-savings-plans-and-reserved-instances-will-autopilot-account-for-these https://docs.vantage.sh/autopilot/#i-have-existing-aws-savin...
- jabo 4y ago
  Thank you for the detailed responses!

by jabo 4y ago

epberry 4y ago

Developer advocate at Vantage here. Let me take your questions: 1. Do we have stats on liquidity in the RI marketplace (paraphrasing). Yes we do! We know that some instance types are more liquid than others and factor that into the Autopilot algorithm. 2. Does 50% account for risks? It does. We profile peaks and valleys in usage on a per compute class basis and always ensure that our RI coverage is optimally covering those peaks and valleys without running the risk of over-commitment. If there is a significant delta between peak and valley, we may make a lower RI commitment for that compute class to decrease risk. The specific coverage and savings rates are ultimately dependent on the usage by compute class which is different for each customer. 3. SOC2 timeline? We're expecting this before the end of the year. 4. Take into account existing RIs and SPs? Yes we do. The Autopilot dashboard will show you how much coverage you already have. And then here's a specific docs link with more details on this https://docs.vantage.sh/autopilot/#i-have-existing-aws-savings-plans-and-reserved-instances-will-autopilot-account-for-these https://docs.vantage.sh/autopilot/#i-have-existing-aws-savin...

jabo 4y ago
Thank you for the detailed responses!