New AWS blockchain-inspired platform achieves 70% cost savings with scalable architecture
A collaboration was formed to create a new gold trading platform based on Blockchain Technology running on Amazon Web Services
A derivatives marketplace and a government-owned mint production company collaborated to create a new gold trading platform based on Blockchain Technology running on Amazon Web Services. They needed a Blockchain Validator Solution capable of controlling transaction flow within a private network on the cloud.
Uncertainty in expected network transactions volume required a cost-effective “scale on-demand” architecture solution. This needed a high level of data and transaction security including rigorous fault tolerance with high up-time SLAs.
MajorKey implemented an AWS solution and provided ongoing AWS Managed Services post-launch to locate all development, testing, and production environments allowing for instant scaling in a ”pay for what you use” model. Amazon CloudWatch services allowed MajorKey to monitor cloud use 24x5 with full real-time supervision. World-class DevOps best practices and tools were used to maintain the environment. Our flexibility allowed the marketplace to update servers and enable more instances on-demand with Amazon Machine Images (AMI).
Our client achieved an average cost savings of 70% per month on AWS compared to their on-site servers. Through CloudWatch, monitoring cost 60% less than before. The client now has a highly scalable and fault tolerant Cloud environment managed by our Cloud Managed Services group. In the end, it took 50% less time to build and deploy our solution than with an alternative resource.
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Dive into some of our recent success stories:
Top Ranked Children's Hospital Automates New User Processing
Our client was experiencing inefficiencies creating new users in Sailpoint IdentityIQ. The MajorKey team fully automated the user creation process, saving 2,600 hours per of manual work a year while reducing security risks.
From Three Days to Three Minutes: Accelerating New User Onboarding at a Major US Municipal Hospital System
Our client was experiencing inefficiencies onboarding new users. The manual user creation process resulted in security risks and time wastage. The MajorKey team fully automated the user onboarding and offboarding process.
Major national bank – automation and accountability
Our client, a major national bank, operates as a highly regulated business which also prides itself on its service and support.