How Singlestore Saves 56 on Amazon Ec2 with No Devops Hours Invested Prt095

Title

AWS re:Invent 2022 - How SingleStore Saves 56% on Amazon EC2 with No DevOps Hours Invested (PRT095)

Summary

  • SingleStore is a rapidly growing database company focused on real-time analytics.
  • The company has experienced significant revenue growth, community expansion, and an increase in employee count.
  • SingleStore's unique architecture combines the benefits of OLTP and OLAP in a single database, eliminating data duplication and reducing latency.
  • As a startup, SingleStore faced challenges in managing AWS costs, particularly with Savings Plans.
  • Zesty, a cloud cost management solution, was introduced to complement AWS Savings Plans, providing additional savings and flexibility without requiring exclusive commitments.
  • Zesty's solution allowed SingleStore to achieve near-optimal savings on AWS usage, with an easy onboarding process and no security concerns.
  • SingleStore also became a design partner for Zesty's second product, Zesty Disk, which optimizes EBS costs by automatically scaling storage according to usage.

Insights

  • SingleStore's growth necessitated a more efficient approach to cloud cost management, highlighting the importance of scalability and cost optimization for startups.
  • The partnership with Zesty demonstrates the value of third-party cloud cost management tools in conjunction with AWS Savings Plans, especially for companies seeking to maximize savings without long-term commitments.
  • Zesty's ability to work with existing AWS discount programs and provide additional savings beyond what Savings Plans could offer was a key factor in SingleStore's decision to partner with them.
  • The case study emphasizes the significance of ease of onboarding and compatibility with security standards like GDPR when selecting cloud cost management solutions.
  • SingleStore's involvement as a design partner for Zesty Disk suggests a trend towards collaborative development between cloud service providers and their customers, leading to more tailored and effective cloud management solutions.