TMCnet News
Rackspace Technology Introduces Rackspace SPOT, Cloud Infrastructure Auctioned in a Real-time Open Market and Delivered as Turnkey, Fully Managed Kubernetes ClustersSAN ANTONIO, March 19, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud, and AI technology solutions company, introduced today Rackspace SPOT, the world’s 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 centraly 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 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
Click here to learn more about Rackspace SPOT. About Rackspace Technology Media Contact: Natalie Silva, [email protected] |