Summary In this work, we present alternative implementations for the Simultaneous‐FETI (S‐FETI) method. Developed in recent years, this method has shown to be very robust for highly heterogeneous problems. However, the memory cost in S‐FETI is greatly increased and can be a limitation to its use. Our main objective is to reduce this memory usage without losing significant time performance. The algorithm is based on the exploitation of the sparsity patterns found on the block of search directions, allowing to store less vectors per iteration in comparison to a full storage scheme. In addition, different variations for the S‐FETI method are also proposed, including a new treatment for the possible dependencies between directions and the use of the Lumped preconditioner. Several tests are performed in order to establish the impact of the modifications presented in this work compared to the original S‐FETI algorithm.