Achieve 40% Cost Savings with Snowflake Optimization | July Good Bits
August 1, 2024
Over the past several years, countless companies have been going through a cloud modernization journey that commonly includes lifting and shifting on-premise data warehouses to the cloud for quick cost savings. With its high-speed performance and cost-effective pricing models, Snowflake has been a popular target for migrating from legacy data warehouse systems.
One of the key objectives for these initiatives of migrating data warehouse to Snowflake is to cut infrastructure costs. But what has often been the case is that once migrated to the cloud, customers receive unexpectedly hefty Snowflake bills that chip away at those cost savings. The driving factor behind these higher-than-expected costs is not that Snowflake is expensive, but that the architectures were never optimized during the migrations.
Snowflake Optimization Offering
To solve this problem, Bitwise launches its Snowflake Optimization offering to cut monthly Snowflake bills by up to 40%, which can translate into hundreds of thousands of dollars in savings per year.
We offer two models for effectively optimizing Snowflake costs:
- One-Time Optimization Services – includes analysis of the Snowflake environment to identify areas for optimization and implementation of the changes needed to realize savings as quickly as possible.
- Fully Managed Services – includes all of the above services within a managed services model for maintaining optimal performance with monitoring and proactive management.
Of the offering, Ankur Gupta, Bitwise Inc. CEO, states: “There are many vendors in the market that can analyze your environment and suggest areas to optimize. Bitwise provides a complete solution by implementing the changes we identify. We typically achieve 20% savings on Snowflake bills from Day 1 with basic tweaks and additional 20-30% savings after detailed analysis.”
Snowflake AI Data Cloud Partner
As a Snowflake Partner, Bitwise offers a comprehensive suite of data modernization services, including:
- Analytics strategy and assessment
- Data warehouse and data lake implementation
- Data modernization and migration
- Environment optimization
- AI/ML use case development
We help our customers modernize their data to ensure data is ready for enterprise scale AI initiatives by providing end-to-end services. Get Started with Snowflake Optimization today to reduce higher-than-expected cloud data warehouse costs and achieve 20-40% Snowflake cost savings on monthly bills.
Stay safe and talk to you soon,
Bitwise Newsletter Team
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