A Leading Media Asset Management Company Achieved 30% Cost Savings with iLink Digital’s FinOps Strategy

iLink Digital empowered the leading retailer to optimize resource utilization and control cloud costs efficiently. Our FinOps strategy enabled the client to achieve significant cost reductions and gain complete visibility of their cloud spend by facilitating deeper cost analysis and establishing robust governance strategies.

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Industry

Software Development

Company size

51-200 Employees

Headquarters

California, United States

Client background

Our client is a leading provider of media and broadcast management solutions, specializing in resource management and workflow automation for the media industry. Their strong emphasis on user experience and adaptability has solidified them as a trusted partner in the media sector.

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Challenges

● Monitoring and Management: Lack of robust monitoring and management practices to track and control cloud expenditure.
● Asset Distribution: Reducing inefficiencies and hidden costs by regularizing the distribution of resources.
● Unused Assets: Identifying and regulating underutilized resources to eliminate unnecessary costs.
● Variable Utilization and Costs: There is a need for accurate predictions and budget plans for fluctuating usage rates and cost structures.

Solutions

● Structured Cost Reduction Approach: Collaboratively identified cost optimization opportunities by analyzing cloud usage patterns and recommending resource optimizations.
● Resource Optimization Techniques: Strategically implemented various resource optimization techniques to reduce cloud costs without compromising performance.
● Establishing Robust Governance: Established robust governance policies to monitor and manage cloud resources to avoid unnecessary costs, ensuring effective resource utilization and accountability