SpotCloud aims to create online spot market for buying and selling cloud capacity
What if you could buy and sell cloud-computing capacity the same way people book hotel rooms on Priceline or Hotwire? Startup SpotCloud, the brainchild of Toronto-based Enomaly, aims to find out.
Acting as an online clearing house, SpotCloud will allow cloud providers to offer unused capacity to keep servers busy and will allow cloud users to buy spot cloud capacity at bargain prices.
uses the concept of Random Access Compute Capacity, similar to cloud
bursting or the dynamic deployment of a software application that runs
on internal organizational compute resources to a public cloud to
address a spike in demand.
However, unlike cloud bursting, which
refers strictly to expanding the application to an external cloud to
handle spikes in demand, SpotCloud's cloud spanning includes scenarios
in which applications components are continuously distributed across
multiple localized cloud providers.
The capacity itself is
provided via a global pool of regional cloud providers. SpotCloud
treats providers as a nameless, faceless, and possibly unsecured group
of providers of raw, localized computing capability. While buyers can
purchase capacity based on performance and price and the location of
the provider, the name of the provider remains hidden until after the
purchase is made. This is to prevent undercutting the provider's retail
sales of capacity.
According to Reuven Cohen,
founder and chief technologist of Enomaly, the idea came about because
of numerous cloud providers whose companies—often the first such
enterprise in their respective countries—weren't well known and had
excess capacity. With no way to make themselves known to potential
buyers on a broad scale, they were watching that capacity go to waste.
the same time, cost-conscious buyers would benefit from being able to
make quick purchases of capacity, as well as location, at favorable
prices. Selecting a provider becomes easier with the clearing house,
because potential buyers don't need to scour the Internet looking for
potential providers. Also, buyers can continually monitor the site and
determine the best price at which to buy computing resources.
process becomes easier for both sides because SpotCloud will provide
the invoicing and billing. Providers avoid the hassle of trying to bill
customers for small spot jobs, and buyers, who may spread their cloud
use among several providers, will have to deal with only one payment.
SpotCloud will make its money by charging a fee to the seller.