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Archive for May 13th, 2022

Cutting cloud costs with Exotanium

Friday, May 13th, 2022

Saving up to 90% by leveraging the cloud ‘spot market’ and avoiding overprovisioning: that’s the promise of Exotanium, a startup enabling users to benefit from Live Virtual Machine Migration – even with stateful workloads – in a transparent way and without interruption

 

Chip design teams are increasingly resorting to cloud computing, mostly as a way to reduce time-to-market. Running the EDA tools in the cloud, however, can prove extremely expensive, and skyrocketing cloud bills may prevent users from extending the benefits of cloud computing to a larger number of designs. A startup called Exotanium is now offering new solutions to optimize cloud costs, promising savings up to 90%. Cost reduction is obtained by taking advantage, as much as possible, of the cheapest cloud resources (the ones offered through the so-called “spot market”) and by avoiding overprovisioning (that is, paying for cloud resources that are larger in capacity than needed). These achievements were made possible by technologies originally developed at Cornell University (Ithaca, New York). Hakim Weatherspoon, CEO of Exotanium, described the company’s solutions in the video interview he recently gave to EDACafe’s Sanjay Gangal; in this article we will add a few details, as well as the answers provided by Rohan Prakash – Exotanium’s Senior Business Development Manager – to some additional questions.

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