Pump is a cloud savings tool powered by AI that automatically optimizes Amazon Web Services (AWS) bills without requiring engineers to do anything. The tool is designed to help companies reduce their AWS expenses by up to 60% by offering group discounts and utilizing algorithmic arbitrage to match AWS usage with commitments as it happens.
Pump states it ensures peak security with zero impact on the user's infrastructure by using only minimal IAM permissions and operating exclusively at the billing layer.
Companies can start using Pump at no cost, without any commitment unless they are happy with the savings it provides. Pump asks that users agree to collaborate for a year to balance risks. It makes money through a small percentage of the collective spend's volume discounts.
Pump works with many AWS services such as EC2, Sagemaker, RedShift, ECS, Lambda, EBS, ElasticCache, and OpenSearch, and intends to include RDS, EC2 Data Transfer, and S3 compatibility soon.
Pump provides savings estimates at no cost, no financial risk, and no engineering effort. Contacting their support team is the best way to get answers to questions not covered in the FAQ on their website.
While currently focused just on AWS, Pump is planning to also support GCP and Azure down the line.
Functions only at the billing level
Requires minimal IAM permissions
Does not affect user's infrastructure
Only supports AWS currently
No support for GCP or Azure
Mandatory one year commitment

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