Pump ✓

AI-powered cloud savings with zero engineering effort

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Verdict

A quick read before you dig into the full page.

Best if

AI-powered cloud savings with zero engineering effort

Skip if

Limited dedicated support

Pick this when

Operates at billing layer only

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Overview

Pump is an AI-powered cloud savings tool that automatically optimizes Amazon Web Services (AWS) bills without any input from engineers. The tool aims to help businesses save up to 60% on their AWS bills by providing group discounts and using algorithmic arbitrage to match AWS consumption with commitments in real-time.

With minimal IAM permissions and operations solely at the billing layer level, Pump claims to ensure maximum security with zero impact on the user's infrastructure.

Businesses can get started with Pump for free, with no obligation to commit unless they are satisfied with the cost savings that Pump provides. Pump requires users to commit to working together for a year to balance risks, and monetizes through a small percentage from the volume discounts of the collective spend achieved.

Pump supports many AWS services including EC2, Sagemaker, RedShift, ECS, Lambda, EBS, ElasticCache, OpenSearch, and plans to add support for RDS, EC2 Data Transfer, and S3 soon.

Pump offers free estimate savings, zero financial risk, and zero engineering effort. Contacting their support team can help answer other questions that may not be listed in the FAQ section on their website.

While currently focused only on AWS, Pump plans to add support for GCP and Azure in the future as well.

Access & connections

Where you can use Pump, and what it plugs into.

Platforms

Web

Integrations

Slack

Capabilities

What this tool accepts, produces, and is strongest at.

Input

Tabular

Output

Tabular
Text

Pros & cons

Pros

Operates at billing layer only
Minimal IAM permissions
Zero impact on user's infrastructure
Free trials available
Pledges up to 60% savings
Dedicated account manager
Arbitrage algorithm for best savings
Supports multiple AWS services

Show 15 more

Plans for RDS, EC2, S3 support
Real-time AWS consumption monitoring
Allocates unused resources efficiently
Group buying for volume discounts
Fast onboarding process
Non-obligatory savings estimate
Plans to support GCP, Azure
Zero-financial-risk policy
Consolidated billing option
No server downtime risk
24x7 support via Slack
Automated RI management
Support for collective spend
Future roadmap clear and shared
Easy way to join AWS collective

Cons

Only supports AWS
No GCP and Azure support
Mandatory one-year commitment
Limited range of AWS services
Only on the billing layer
Monetizes only through volume discounts
Pricing information not clear
Limited dedicated support

Show 2 more

Doesn't support all billing scenarios
Optimization strategy not explicit

FAQ 12

What is Pump?

Pump is an AI-powered cloud savings tool that automatically optimizes Amazon Web Services (AWS) bills without any needed input from engineers. It aims to help businesses save up to 60% on their AWS bills by providing group discounts and algorithmic arbitrage to match AWS consumption with commitments in real-time.

How does Pump help me save on my AWS bill?

Pump saves users on their AWS bill by providing group discounts and using algorithmic arbitrage to align AWS consumption with commitments in real time. This prevents overspending on the default on-demand option. Pump requires minimal IAM permissions and affects only the billing layer, maintaining maximum security with zero impact on the infrastructure.

What AWS services does Pump support?

Pump supports numerous AWS services including EC2, Sagemaker, RedShift, ECS, Lambda, EBS, ElasticCache, and OpenSearch.

How does Pump ensure maximum security?

Pump ensures maximum security by operating solely on the billing layer level with minimal IAM permissions. This tenet is sufficient for Pump to claim discounts on the user's behalf without acquiring unnecessary access to any other sensitive parts of the infrastructure.

Does using Pump have any impact on my infrastructure?

There is no impact on the user infrastructure when using Pump. It operates only on the billing layer level, with no ability to alter the user environment.

What commitment is expected from Pump users?

Pump users are expected to commit to working together for a period of one year in order to balance risks.

How does Pump monetize its service?

Pump monetizes its service by taking a small percentage from the volume discounts of the collective spend achieved.

Can Pump provide services outside AWS?

Currently, Pump provides services exclusively for AWS. However, support for GCP and Azure is part of the roadmap for Q2 2023.

What are the future plans of Pump?

The future plans of Pump include adding support for RDS, EC2 Data Transfer, and S3 soon. They also plan on extending their services to encompass GCP and Azure by Q2 2023.

Is there a trial period or free version of Pump?

Yes, businesses can get started with Pump for free. There is no obligation to commit unless they are satisfied with the cost savings that Pump provides.

What is Pump's pricing and payment method?

Pump's pricing involves taking a small percentage from the volume discounts of the collective spend achieved. The specific percentage value is not explicitly mentioned on their website. The company requires an annual contract commitment and relates no information about the preferred payment method.

How does Pump's group discount work?

Pump's group discount works by negotiating higher $/hr spend and efficiencies of scale through grouped purchasing. This involves allocating unused resources from one company to another resulting in higher discounts for everyone.

Pump ✓

Verdict

Overview