Case Study
Overview
A leading enterprise Treasury Tech company based in India provides end-to-end digitization and automation solutions for cash and liquidity management, Treasury, Risk, and Trade Finance Management (TRTFM). Their platform enables businesses to automate financial operations, improve control, mitigate risks, and optimize efficiency.
Business Challenge
The company provided an on-premises Treasury Management System (TMS) running on Oracle Database, offering licenses to customers as part of its solution. However, rising infrastructure and licensing costs prompted them to explore alternative database solutions, including cloud migration. Initial considerations involved restructuring the application for lower-cost databases on AWS or Azure, but these options posed significant inefficiencies, risks, and high costs.
Oracle Cloud Solution
- The IT Solutions team proposed Oracle Database Cloud Services (DBCS) as a cost-effective and scalable SaaS-based solution. OCI provided optimized performance for Oracle workloads and DBCS offered a managed compute and storage infrastructure, reducing costs through flexible subscription pricing and Bring Your Own License (BYOL) options.
- Following a successful performance test, the company found OCI’s performance superior to their on- premises setup. As a result, they chose Oracle DBCS to streamline deployment, eliminate upfront investments in database infrastructure, and expand their SaaS offerings.
Key Benefits & Value Proposition
Reduced Costs
- Eliminated the need for on-premises database licenses, lowering total operational costs.
Faster Time to Market
- Rapid deployment on OCI without complex database infrastructure management.
Flexible Pricing Model
- BYOL and pay-as-you-go options allow cost-efficient scaling.
Superior Performance
- Optimized Oracle workloads outperforming both on-premises and competing cloud providers.
Scalability for Growth
- Ability to meet increasing demand for SaaS-based solutions, improving market competitiveness.
Competitive Landscape & Strategy
While AWS and Azure provided incentives like free credits, their long-term costs exceeded Oracle’s. OCI’s cost-performance advantage and efficient licensing model provided a more sustainable cloud strategy for
the business.
- Strategic Importance & Future Roadmap
- The company is a fast-growing fintech player with global expansion plans.
- Plans to upgrade to Oracle Database 19c and transition to Autonomous Transaction Processing in the next 2-3 years for further cost savings and automation.
- Business Impact & Expected Results
- Improved end-user experience due to enhanced app performance.
- Standardized DBCS adoption for all new customers, reducing upfront costs.
- Expanded SaaS offerings, leading to increased revenue opportunities.