Reducing Azure Expenses by 25%, Navnit Insurance Broking’ Success with Cloud9’s Expertise

Navnit Insurance Broking, a leading insurance provider, specializes in offering a wide range of insurance products, including health, life, auto, and property insurance. The company is committed to delivering personalized and efficient customer service, ensuring comprehensive coverage and peace of mind. To support its extensive operations and maintain a high level of service, Navnit Insurance Broking relies heavily on Microsoft Azure for its IT infrastructure to ensure data security, enhance operational efficiency, and scale its services to meet the growing demands of its clientele.

Challenge 

Navnit Insurance Broking faced significant challenges in managing its Azure costs effectively. As their operations scaled, they encountered rising expenses and inefficiencies in their cloud resource allocation. To maintain their high standards of service without breaking the bank, Navnit Insurance Broking needed to address these issues promptly and strategically.

Primary Concerns:

• Rising Costs: Their Azure spending had increased by 30% over the last year due to inefficient resource allocation and management. This surge in costs was unsustainable and required immediate attention to avoid further financial strain.
• Resource Utilization: Many resources were underutilized while others were over-provisioned. This imbalance led to wasted expenditure and inefficient use of their IT infrastructure.
• New Deployments: With plans to deploy additional resources to support new services, Navnit Insurance Broking wanted to ensure these deployments were cost-effective from the outset. They needed a strategy to integrate cost-efficiency into their growth plans, preventing further unnecessary expenses.
• Operational Complexity: The complexity of managing a large-scale cloud infrastructure added to the challenge, necessitating a comprehensive approach to streamline operations and optimize costs effectively.

Solution 

To address the challenges faced by Navnit Insurance Broking, Cloud 9 devised a comprehensive cost optimization strategy that not only tackled immediate issues but also laid the groundwork for sustainable, long-term cost efficiency. Leveraging advanced technologies and best practices, Cloud 9 implemented a series of targeted solutions aimed at optimizing Navnit Insurance Broking’s Azure environment.

• Assessment and Analysis
  
  Detailed Audit: Cloud 9 conducted a thorough audit of Navnit Insurance Broking’s existing Azure environment to identify inefficiencies.
  
  Resource Identification: The audit revealed underutilized and over-provisioned resources, as well as patterns in spending and usage that contributed to rising costs.
• Resource Rightsizing
  
  VM Adjustments: Cloud 9 suggested resizing or removing underused virtual machines to improve resource use.Service Tier Migration: They moved workloads to more affordable service options without affecting performance.
• Optimized Storage Solutions
  
  Lifecycle Management: Cloud 9 introduced policies to move less frequently accessed data to more cost-effective storage options.Targeted Storage Solutions: They suggested tailored storage options to improve both cost efficiency and performance.
• Network Optimization
  
  Network Restructuring: Cloud 9 reviewed and restructured the network architecture to minimize data transfer costs, ensuring efficient data flow and reduced expenditure.
• New Deployment Guidance
  
  Best Practices: Cloud 9 provided best practices for deploying new resources, focusing on cost efficiency from the outset.
  
  Continuous Monitoring Tools: They recommended using Azure Cost Management tools for continuous monitoring and optimization of cloud spending.
  
  Automation Scripts: Guided the setup of automation scripts to shut down non-critical resources during off-peak hours, further reducing unnecessary costs.
• Monitoring and Reporting
  
  Custom Alerts and Reports: Cloud 9 created custom alerts and reports to notify the Navnit Insurance Broking team of unusual spending patterns, enabling proactive management of cloud resources and expenses.
• Technology Utilized
  
  Azure Solution Storage: Used for efficient data lifecycle management, significantly reducing storage costs.
  
  Automation Scripts: Enhanced operational efficiency by automating cost-saving measures such as shutting down non-essential resources during off-peak hours.

Results

The implementation of Cloud9’s cost optimization strategy resulted in several significant business outcomes for Navnit Insurance Broking. These quantifiable benefits demonstrate the effectiveness of the solutions provided and underscore the substantial impact of strategic cloud cost management.

Cost Savings

• 25% Reduction in Azure Costs: Within three months of implementing the optimization strategies, Navnit Insurance Broking achieved a 25% reduction in their Azure costs. This immediate financial relief allowed the company to reallocate funds to other critical areas of their business.

Improved Resource Utilization

• Enhanced Resource Efficiency: By rightsizing virtual machines and optimizing storage solutions, Navnit Insurance Broking significantly improved overall resource utilization. This optimization ensured that resources were neither underutilized nor over-provisioned, leading to more efficient operations.

Efficient New Deployments

• Cost-Effective Resource Deployment: Cloud9 ensured that new resource deployments were cost-effective from the outset. By adhering to best practices, Navnit Insurance Broking was able to avoid unnecessary expenses and maintain a lean and efficient cloud environment.

Ongoing Cost Management

• Continuous Monitoring and Optimization: The use of custom alerts enabled continuous cost monitoring and real-time optimization. This proactive approach allowed Navnit Insurance Broking to maintain control over their cloud spending and quickly address any anomalies or inefficiencies.

Ultimately, Cloud9 helped Navnit Insurance Broking successfully streamline its Azure resource management and reduce its cloud spending.