Challenge
Flexibility was really important to the team at Verato. Most cloud vendors offer either 1 or 3-year contracts. However, Verato needed contracts to end at the same time as existing commitments. Strategic Blue was able to offer tailored 24-month AWS Reserved Instance and Savings Plan style packages.
This flexibility allowed additional savings to those available with the cloud vendor.
Results
Being able to provide Verato with a seamless transition between our and their existing contracts meant that they had additional freedom with their cloud purchasing.
The reporting capabilities that are included in our service gave them increased visibility of their spend and a better understanding of areas that were costing more than others.
Working together, we have reduced Verato’s cloud costs and our ongoing cost analysis sessions will allow us to continue to identify further cost savings.
Solution
Verato was already aware of common cloud cost optimization techniques and had already made usage commitments. They were already adept at exploring the vendor’s own vendor pricing model and discount schemes to drive cost efficiencies. However, even in this context, Strategic Blue’s unique approach to cloud FinOps enabled both additional flexibility and further savings.
Getting to know their business on a more personal level meant that our solutions could be built to resolve their specific issues, rather than trying to make their issues fit in with our services. Our People Powered FinOps service continually looks for potential savings that suited Verato’s needs.
With our unique approach to cloud FinOps, we provide Verato with an enhanced discount on a custom AWS Reserved Instances and Savings Plan style package.