Medium Enterprise Financial Services Firm Reduces Costs, Improves Coverage
Introduction
In this case study, we will explore how a medium enterprise financial services company successfully addressed their challenges and achieved significant improvements in cost reduction and coverage by partnering with Datavail. By leveraging Datavail’s expertise in database administration, the company was able to lower costs, improve the quality of their database management, and achieve better coverage for their critical databases.
Challenges
When the financial services firm approached Datavail, they had several key challenges that needed to be addressed. These included:
Lower costs
The company was looking for ways to reduce their database administration costs without compromising on the quality of service. They recognized the need to find a solution that would help them optimize their resources and allocate funds more efficiently.
Improve database administration quality
Ensuring the highest level of quality in their database administration was crucial for the financial services firm. They wanted to partner with a provider who could deliver consistent and reliable support to maintain the integrity and performance of their databases.
Provide better coverage
Having round-the-clock coverage for their databases was essential for the financial services firm. They needed a partner who could provide 24×7 support, including weekends and holidays, to ensure uninterrupted access to critical data.
Reduce on-staff turnover or burnout
The company wanted to alleviate the burden on their internal IT team by partnering with an external provider who could offer specialized expertise in managing databases. This would help reduce staff turnover and prevent burnout among their IT professionals.
Use Case
To address these challenges, the financial services firm engaged Datavail’s remote database management services. They utilized Datavail in the following ways:
Remote database management
By outsourcing their database management tasks to Datavail’s team of experts, the company ensured that all routine maintenance activities were taken care of efficiently. This allowed their internal IT team to focus on more strategic initiatives.
Database assessments and health checks
Datavail conducted regular assessments and health checks on the company’s databases to identify any potential performance issues or areas for improvement. This proactive approach helped prevent any major disruptions and optimized the overall performance of their databases.
Performance tuning
To maximize the efficiency of their database systems, Datavail’s experts performed performance tuning activities. By fine-tuning various aspects such as query optimization and resource allocation, they were able to enhance the overall responsiveness and speed of the databases.
Results
Since partnering with Datavail, the financial services firm has achieved remarkable results:
Lowered database administration costs
By leveraging Datavail’s remote database management services, the company was able to significantly reduce their overall costs. This allowed them to allocate resources more effectively and invest in other critical areas of their business.
Improved quality of database administration
The financial services firm experienced a notable improvement in the quality of their database administration. With Datavail’s team of experts handling routine maintenance tasks and providing proactive support, they achieved higher levels of reliability and data integrity.
Improved round-the-clock coverage
With Datavail’s 24×7 support, including weekends and holidays, the financial services firm now enjoys uninterrupted access to their critical data. This ensures that they can meet their clients’ needs at any time without worrying about downtime or delays.
Cost savings with remote database management services
By utilizing Datavail’s remote database management services, the company saved between 10-25% on costs compared to maintaining an in-house team. This cost savings allowed them to reallocate resources strategically and invest in other growth initiatives.
“Datavail has a professional staff and capable teams that handle our SQL Server and Oracle DBA needs in a timely manner.”
Conclusion
By partnering with Datavail for remote database management services, the medium enterprise financial services firm successfully addressed their challenges and achieved significant improvements in cost reduction and coverage. Through streamlined operations, improved database administration quality, and round-the-clock support, they were able to optimize their resources, enhance performance, and drive business growth. If your organization is also facing similar challenges in database administration, consider exploring the benefits of remote database management services to achieve cost savings and improved coverage.