Reducing Cloud costs for a Zurich-based FinTech Startup by 99%

/images/case-studies/us-medtech/us-med.png

Cybersecurity is of paramount importance in the digital age. When dealing with a cloud platform such as Microsoft Azure, ensuring the security of your account should be your top priority. This article presents five key principles of security for your Azure account and provides step-by-step guides to implement these necessary changes.

Problem

A Zurich-based FinTech company with a unique idea for digitizing Real Estate loans was seeking an end-to-end solution while ensuring costs remain low during their pre-launch period. Existing solutions worked well but incurred significant costs for an early stage startup.
Another issue was the development environments which had to be shared between developers to reduce costs.
This created a bottleneck for testing and QA, as each feature had to be tested and iterated on sequentially.

Solution

With many years of Serverless experience, we found an ideal match between the company's requirements and what Severless had to offer.
We've designed an architecture that is both flexible enough to scale according to B2B needs without any maintenance overhead, while still having the ability to create separate development environments for each developer.
This in term created a completely automated and maintenance-free hosting and development architecture for a fraction of the cost.
Total cost savings were over 99.65%

Result

Cloud Computational costs were reduced by 99.9%
Cloud Storage costs were reduced by 98.87%
Each developer was granted their own development / staging environment, thereby removing any bottlenecks for testing & QA.
Total Cloud infrastructure costs were reduced by 99.65% !

Reducing Cloud costs for a Zurich-based FinTech Startup by 99%

Company information

Problem

Solution

Result