Tag: Cloud Cost Optimization
Learn how Arcadia, a climate technology company, builds on Amazon Web Services to make energy utility consumption data and pricing data accessible and useful to businesses and individuals.
Dune, a web3 analytics unicorn founded in 2018, builds on Amazon Web Services (AWS) to provide a web-based platform that allows people to query public blockchain data and aggregate it into shareable dashboards. By migrating from their multi-cloud setup to go all-in on AWS, Dune significantly lowered their costs while optimizing their ability to build and scale.
Scaling a startup successfully involves increasing profit margins exponentially while keeping costs low. Most startups combine a variety of approaches to scale, based on their growth stage and needs. Techniques to scale include finding processes that work and applying them across the board, focusing on customers and building a product that is in high demand, and harnessing AWS cloud technology to move fast and optimize your costs.
SEON, a Hungarian fraud prevention startup founded by Tamás Kádár and Bence Jendruszák in 2017, is a model of successful startup scaling.
Cost optimization is a top of mind consideration for any startup and can be achieved with a wide variety of techniques, but how you tackle it depends on the stage of your business’s growth. Startups are laser-focused on product development, which can mean choosing between time spent building extra functionality to manage costs, like reorganizing account structures or building cost analytics pipelines, and prioritizing low-effort-to-high-impact architectural changes to keep your momentum up. In this post, we’ll share three easy-to-implement cost optimization strategies to help you quickly understand and optimize your spend, then get back to building features that will drive value for your customers.