Capchase

How Capchase optimizes cloud costs and improves visibility with Economize

Capchase, a finance platform, leveraged Economize to gain insights into their cloud costs, optimize resource utilization, and make data-driven decisions for efficient cost management.

“We particularly appreciate the reports and notifications feature, and those are the ones we use the most. Everything related to providing us extra information to take more data-driven decisions is possible because of these and is also essential for our company too as we prefer a data-driven approach in every aspect.”

Nicolas Cavasin

SRE @ Capchase

About

Capchase is the growth partner for ambitious software-as-a-service (SaaS) and comparable recurring-revenue companies. They empower businesses to grow faster through non-dilutive capital, payments, and revenue acceleration software. Their platform leverages advanced data analytics to tailor financing options that best suit the needs of modern businesses.

Challenges

  1. Lack of visibility into cloud costs, leading to difficulties in cost optimization.
  2. Inability to track resource utilization and identify areas for potential cost savings.
  3. Difficulty in making informed decisions regarding cloud resource provisioning and commitments.
  4. Monitoring and managing costs across multiple GCP projects and environments.
  5. Ensuring cost transparency and accountability across teams and stakeholders.

Solution

  1. Detailed Reporting: The platform provided comprehensive reports that enhanced Capchase's visibility into their cloud costs, highlighting areas for potential savings.
  2. Alerts and Summaries: Real-time alerts and weekly/monthly summaries allowed Capchase to monitor cloud usage patterns and detect anomalies promptly.
  3. Cost Analysis Tools: Explorer feature helped in breaking down costs by services, enabling Capchase to identify high-cost areas such as GitHub Runners and BigQuery.
  4. Commitment Recommendations: Guidance on committed usage discounts (CUDs) through actionable recommendations helped Capchase to make informed decisions, leading to significant savings.
  5. Kubernetes Cost Monitoring: Detailed cost breakdown at the namespace level within their Kubernetes clusters helped in fine-tuning resource allocation and optimizing costs.

Outcomes

  1. Improved Cost Visibility: The team better understood their cloud expenditures, leading to better financial planning and resource allocation.
  2. Cost Optimization: By following recommendations, Capchase effectively reduced their cloud spending, particularly in high-cost services.
  3. Enhanced Decision-Making: Data-driven insights and detailed cost reports enabled Capchase to make informed architectural and operational decisions, contributing to overall efficiency.

Industry

Financial Services

Company Size

150+ employees

Location

New York

Website

https://www.capchase.com/