About Adapt

Adapt is a global B2B account intelligence provider with 500,000+ users and 61M+ high-quality business contacts. Adapt is a unified sales acceleration that helps its customers to discover and enrich critical sales and marketing data accurately.

Adapt integrates seamlessly with leading CRMs and fills pipelines with high-quality data on existing and new contacts. Adapt's chrome extension (Prospector) helps you get email IDs and other contact details right out of Linkedin and websites. Adapt is a must-have for sales representatives, marketing leaders, recruiters, and decision-makers to accelerate the time taken to a sales conversation.

Challenges faced by Adapt

1. Lack of visibility: Adapt, a growing tech company, faced challenges in gaining clear visibility into their cloud spending across various AWS services.
2. Budget overruns: With limited insights, they struggled to control their cloud costs effectively, often experiencing budget overruns due to unexpected spikes or inefficiencies.
3. Manual monitoring: Their team had to rely on manual monitoring processes, consuming valuable time and resources to identify cost-saving opportunities and optimize their cloud infrastructure.

Solution

To address their cloud cost management challenges, Adapt turned to Economize, which provided them with a complete set of capabilities that proved to be an immediate solution to their expanding problems.

1. Comprehensive reports: They leveraged detailed reports to gain real-time insights into their cloud spending, including breakdowns by services, SKUs, and labels.
2. Unit cost analysis: By utilizing unit cost feature, the team could compare the costs of different cloud services and identify areas for optimization, ensuring they were getting the best value for their investment.
3. Notifications: Summaries and alerts functionality enabled to set up customised triggers for budget thresholds, cost anomalies, and spending reports, ensuring proactive cost management and timely interventions.
4. Anomaly detection: The team benefited from anomaly detection feature, which automatically flagged unusual spending patterns or deviations from expected costs, enabling them to investigate and address potential issues promptly.
5. Actionable insights: With actionable insights and recommendations for optimizing their cloud spending, such as rightsizing instances, implementing reserved instances, and optimizing storage usage, empowered them to make informed decisions to drive cost savings.

Outcomes

1. Improved cost visibility: With the platform, Adapt gained enhanced visibility into their cloud spending, enabling them to track costs more effectively and allocate resources strategically.
2. Cost savings: By leveraging feature like recommendations, Adapt successfully optimized their cloud spending, leading to significant cost savings without compromising performance or reliability.
3. Streamlined operations: The automated alerts and reports streamlined Adapt's cost monitoring processes, freeing up valuable time and resources that could be redirected towards innovation and business growth initiatives.

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