Cloud Hosting

SAN ANTONIO, March 22, 2024 Rackspace Technology, a leading end-to-end hybrid, multicloud, and AI technology solutions company, recently introduced Rackspace SPOT, the worlds only open market auction for cloud servers.

Rackspace SPOT offers instant online sign-up, a customer-driven bidding process that allows users to set compute market prices, with capacity delivered as turnkey, fully managed Kubernetes clusters.

Rackspace SPOT offers a unique open market auction model that provides cost-effective cloud infrastructure solutions for small to medium enterprises, startups, digital companies, and developers, said Lance Weaver, Rackspace Technology Chief Product and Technology Officer, Private Cloud Business Unit. With high-availability Kubernetes clusters and market-based dynamic pricing, organizations can scale resources up or down as needed and obtain cloud infrastructure at the best possible price. The transparency of the auction process provides information to compare prices and choose the most cost-effective options.

Spot was co-developed by teams at Rackspace Technology and Platform9, the leading independent provider of SaaS-managed Kubernetes.

We are pleased to contribute to Spot, a major innovation in the cloud computing market, said Sirish Raghuram, Co-founder and Chief Growth Officer at Platform9. Spot features several Platform9 innovations, such as a new centrally hosted Kubernetes control plane that lowers costs to customers. This allows users to deploy a fully managed Kubernetes cluster from as little as $0.72 per month, which is two orders of magnitude cheaper than comparable alternatives.

Rackspace SPOT Key Features

Rackspace SPOT Key Benefits

Kubernetes Solutions

Leverage Kubernetes without the complexity of managing all the moving parts; you dont have to worry about configuring high-availability upgrades or troubleshooting.

In addition, SPOT comes out of the box with two storage classes: Solid-State Drive (SSD) and Serial ATA (SATA) for persistent storage, a network-policy-capable Calico Container Network Interface (CNI), and load balancers.

Rich Add-Ons

Bring your own favorite K8s Helm charts or Operators today while our engineers are hard at work to include these out-of-the-box, including:

To learn more about Rackspace SPOT, click here.

About Rackspace Technology

Rackspace Technology is a leading end-to-end hybrid, multicloud, and AI technology services company. We design, build, and operate our customers cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products, and adopt innovative technologies.

Source: Rackspace

Read more here:
Rackspace Launches SPOT, an Innovative Open Market Auction for Cloud Servers with Managed Kubernetes - Datanami