203 - Hero Blog

05.20.2024

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Company News

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Case Study

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3 Min Read

Scaling 5x Faster While Reducing Costs by Up to 80% Using AWS with QUODD

Amazon Web Services (AWS) Features QUODD in a recent case study highlighting the modernization of tech stack infrastructure.

Overview
When engineers at market and financial services data company QUODD wanted to improve the cost efficiency and performance of their infrastructure, they found it difficult to demonstrate the business benefits of modernization. With its legacy Microsoft Windows Server technology stack, development speed was hampered by monolithic code. Technical leaders envisioned a more cost-effective, agile, and reliable offering that would facilitate microservices and rapid deployment. But, with a host of new products, features, and services to build for its customers, the company was still missing a business case for improving old code.

QUODD’s API Marketplace (formerly Xignite) had been using Amazon Web Services (AWS) since 2007, managing an average of 20 billion API calls a day. When QUODD heard of the AWS Application Modernization Lab (AWS AML), both business and technical leaders were intrigued. The company’s engineers worked alongside AWS to validate new, modern architectures and develop a proof of concept. Then, QUODD committed to a cloud-first strategy across its product offerings. “We set out to cut our costs by 50 percent through the AWS AML program. The outcome exceeded our expectations. We realized 70–80 percent cost savings through Microsoft-licensing elimination and improved efficiency. This reduction has not only met our goals but has provided us room to drive further innovation and efficiency across our operations,” says David Kirk, chief technology officer at QUODD.

“We can deploy more features faster and serve more requests with fewer resources while eliminating long-term Microsoft Enterprise Agreements with Microsoft licensing lock-in.”

Read the full case study here.

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