Pay the base cost for compute, storage and networking (we don’t make any profit here)
Easily start and stop compute resources to control costs
You can even run your compute clusters on spot instances for further savings
Our SaaS platform subscription doesn’t limit compute, users, or connectivity and depends on the size of your data set
1. Cloud data warehouse vendors run their compute clusters on spot instances costing cents per hour, while charging you dollars per hour, an unbelievable premium.
2. With the common “pay per use” model, cloud data warehouse vendors earn more if your queries take longer to run. That’s a major conflict of interests no one seems to be talking about!
Cloud data warehouse providers essentially have no financial incentive to improve their query speed or reduce your cost per hour, as it will directly impact their revenues.
Firebolt’s subscription costs are NOT dependent on the cloud resources you use.
With Firebolt, you pay the AWS base costs (no profit for us) for the cloud resources you consume (if you choose spot instances, you’ll enjoy spot pricing).
In addition there’s a fixed and fairly priced annual subscription giving you full access to the Firebolt platform.
This new business model ensures true alignment of interests with our customers, so you can rely on Firebolt to continue to innovate and roll out optimizations resulting in reduced cloud costs and improved query performance.