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Octopus Deploy vs Thought Machine

Octopus Deploy logo

Octopus Deploy

Developer Tools

Continuous delivery and runbook automation for releases

From
Free
Free plan
Yes
Thought Machine logo

Thought Machine

Technology

Cloud native core banking where products are written as smart contracts

From
On request
Free plan
No

The short version

  • Only Octopus Deploy has a free tier, so it costs nothing to try first.
  • Each has a real cost: Octopus Deploy free tier caps at 10 projects, 10 tenants, 10 machines, 10 users, 5 concurrent tasks and 1 space; Thought Machine a core replacement is a two to four year programme at an established bank, and the licence is a minority of total cost against system integrator fees, parallel running and data migration.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Octopus Deploy and Thought Machine actually diverge.

Attributes where Octopus Deploy and Thought Machine differ
AttributeOctopus DeployThought Machine
Starting priceFreeOn request
Pricing modelsubscriptionquote
Free tierYesNo
PlatformsWebWeb, API, Cloud
CategoryDeveloper ToolsTechnology

Identical on both: user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Octopus Deploy

Nothing recorded that Thought Machine does not also cover.

Only in Thought Machine

  • Smart contract product engine
  • Cloud native architecture
  • Real time ledger
  • Vault Payments
  • API first design
  • Multi entity and multi currency
  • Product versioning and testing
  • Configurable posting rules

What people use each for

The jobs each tool is most often brought in to do.

Octopus Deploy

  • Automating software deployments across development, testing, productionnot Thought Machine
  • Automating emergency tasks like website failover and incident responsenot Thought Machine
  • Managing multi-tenant deployments without duplicating configurationnot Thought Machine
  • Tracking DORA metrics and enforcing deployment approval gatesnot Thought Machine

Thought Machine

  • A large bank launching a separate digital brand on a clean core rather than migrating the back booknot Octopus Deploy
  • A bank whose product launches are blocked by vendor change requests on a legacy corenot Octopus Deploy
  • An institution needing real time balances and postings for instant payment obligationsnot Octopus Deploy
  • A group consolidating multiple country cores onto one multi entity platformnot Octopus Deploy

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Octopus Deploy

  • Free tier caps at 10 projects, 10 tenants, 10 machines, 10 users, 5 concurrent tasks and 1 space
  • Annual billing is the only option for both Octopus Cloud and Octopus Server; there is no monthly plan
  • Professional cloud tier is $4,330 per year and Enterprise cloud is $24,600 per year, with tenants and machines sold as add-ons beyond the free allotment

Thought Machine

  • A core replacement is a two to four year programme at an established bank, and the licence is a minority of total cost against system integrator fees, parallel running and data migration.
  • The smart contract model presumes a bank can write and maintain Python financial products, and institutions without that engineering capability end up outsourcing the very flexibility they bought.
  • Cloud infrastructure cost sits with the bank and is not trivial at scale, so total cost of ownership comparisons against a hosted legacy core often miss a large recurring line.
  • Thought Machine has made two rounds of job cuts pursuing profitability, which is a legitimate supplier stability concern for a system a bank expects to run for fifteen years.
  • The functional footprint is core ledger and product engine, so origination, collections, regulatory reporting and channels all come from other vendors, and the integration estate around Vault is the bank's problem to design and own.

Pricing, plan by plan

Octopus Deploy

Free
  • FreeFree
    • 10 projects
    • 10 tenants
    • 10 machines
  • Professional (Cloud)$4330/year
    • Up to 100 projects
    • Unlimited spaces and users
    • Tenants and machines available as add-ons
  • Professional (Server)$2080/year
    • Up to 100 projects
    • Unlimited spaces and users
    • Tenants and machines available as add-ons
  • Enterprise (Cloud)$24600/year
    • 100+ projects supported
    • Unlimited spaces and users
    • 20 concurrent tasks

Thought Machine

On request
  • Vault Core$undefined/year
    • Quoted per institution, typically on account volumes or annual contract value
    • Implementation and system integrator costs commonly exceed the licence fee
    • Cloud infrastructure costs are the bank's and are not included

Which should you pick?

Choose Octopus Deploy if

  • You want to start without paying.

Choose Thought Machine if

  • You need smart contract product engine.
  • You work on Web, API, Cloud.
  • You also want cloud native architecture.

Questions people ask

Is Octopus Deploy or Thought Machine better?
Neither clearly leads. Octopus Deploy starts at Free and Thought Machine at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Octopus Deploy or Thought Machine?
Octopus Deploy has a free tier; the other does not. Paid plans start at Free for Octopus Deploy and On request for Thought Machine.
Does Octopus Deploy or Thought Machine run on more platforms?
Octopus Deploy runs on Web. Thought Machine runs on Web, API, Cloud.
Can I use Octopus Deploy for free?
Yes. Octopus Deploy has a free tier, so you can try it without paying. Thought Machine starts at On request.
What is Octopus Deploy best used for?
Octopus Deploy is most often used for automating software deployments across development, testing, production, automating emergency tasks like website failover and incident response, managing multi-tenant deployments without duplicating configuration, tracking dora metrics and enforcing deployment approval gates. Of those, automating software deployments across development, testing, production and automating emergency tasks like website failover and incident response are not what Thought Machine is typically brought in for.
What can Octopus Deploy do that Thought Machine cannot?
Thought Machine covers Smart contract product engine, Cloud native architecture, Real time ledger, Vault Payments.

Answered from the vendors’ own pages

Octopus Deploy: How much does Octopus Deploy cost?

Octopus Deploy offers a free tier at $0/year with limits on projects (10), users (10), and tenants (10). Professional plans start at $2,080/year for self-hosted or $4,330/year for cloud hosting.

Source
Thought Machine: Is Vault Core genuinely cloud native?

Yes. It is containerised, runs on Kubernetes on public cloud, and posts in real time rather than in overnight batch.

Octopus Deploy: What does the free Octopus Deploy tier include?

The free tier includes 10 projects, 10 tenants, 10 machines, 10 users, 5 concurrent tasks, 1TB file storage, 100GB database storage, and community support only.

Source
Thought Machine: How long does a migration take?

Eighteen months at the absolute fastest for a narrow greenfield launch; two to four years for a phased migration at an established bank.

Octopus Deploy: Can I try Octopus Deploy for free before purchasing?

Yes, a free tier is available with unlimited duration but capped usage, plus a 30-day free trial with full Enterprise features is offered to evaluate the platform.

Source
Thought Machine: Does the licence fee represent the total cost?

No. Implementation, system integration, parallel running and cloud infrastructure typically cost more than the licence over the programme.

Octopus Deploy: What are the Enterprise pricing differences between Cloud and Server hosting?

Enterprise Cloud hosting costs $24,600/year and includes 20 concurrent tasks and 24/7 support. Enterprise Server self-hosted costs $15,600/year with flexible concurrent task configuration and 24/7 support.

Source
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