The SpotCloud market platform provides public cloud service providers an easy way to sell unused cloud capacity. With SpotCloud, your capacity is pooled with thousands of regional cloud providers in one simple and structured marketplace, making it much easier for cloud consumers to both discover and buy from you.
Furthermore, SpotCloud enables providers and third-party capacity partners to enrich their cloud services with all kinds of targeted data such as location, price and quality, making it even an even more desirable buy. This enables you to truly maximize the value of your cloud capacity with out worry.
SpotCloud provides the ability to display your logo and company branding allowing you to potentially charge more if you have an established brand identity.
There is an optional feature that allows sellers the ability to not show their identity as a participating cloud providers so as not to directly compete with the regular retail sales of cloud services (i.e. an "opaque" sales model, like Hotwire.com).
Using SpotCloud a service provider is equipped with a price-setting mechanism which sets the current price for the resource based on market conditions, user demand, and current level of utilization of the resource. Pricing can be either fixed or variable depending on the market conditions via an API or web based management platform.
As well as enabling service providers the ability to sell excess computing resources on the SpotCloud platform, buyers using the same interface can continually monitor the marketplace in order to identify the optimum time for buying required computational resources matching suppliers with buyers.
No frontend, billing, or support is required from the service provider. The service is offered without any SLAs or guarantees to end buyers (to keep cost low). Each service provider can select the offered prices for the excess capacity offered through the service and adjust these based on time and utilization.
SpotCloud will meter, track, and bill capacity buyers, and pay capacity sellers. All cloud service providers need to do is provide the servers, we'll handle the rest.