About Noname Security
Founded in 2020, Noname Security is a platform that allows enterprises to see and secure managed and unmanaged APIs. Users can protect their APIs from data leakage, authorization issues, abuse, misuse, and data corruption without any agents or network modifications.
The Challenge
As a fast-driving company, Noname’s biggest challenge was to find ways to control costs and eliminate the waste of resources in their environments. When VP R&D Aner Morag took under his responsibility Noname’s CloudOps, he realized that their environments, especially the low environments like development and automations were rapidly growing out of proportion. He wanted to take immediate action to cut down costs. Some of his staff members had a very good experience with Cloudzone’s FinOps team, so he reached out to Cloudzone to walk him through the process of applying the FinOps framework.
The Solution
CloudZone helped Noname reach their target of 50% savings per month by eliminating unnecessary costs and recovering underutilized resources. We assisted in identifying areas where Noname could save money and identified 4 main waste sources:
- On-demand EC2 instances used by the development team were running 24/7
- There were unattached EBS volumes that required cleanup
- There were unused elastic IPs that required cleanup
- All EC2 instances were in On-Demand pricing
One of our FinOps experts partnered with Noname stakeholders and engaged in a series of staged mini-projects that spanned over 3 weeks to deliver an automated solution for scheduling EC2 instances, tag-based EBS cleanup, and Elastic IP cleanup.
Next, the team tackled the business aspect and found that a 1-year savings plan commitment for computing could cover 50% of optimized resources and add another 10% to the total savings!
The Results
Aner Morag, VP of R&D Noname Security shared this positive feedback, “CloudZone helped me gain internal stakeholders’ trust by defining clear KPIs and a clear ROI for the projects. Their FinOps team is top-notch. We have seen our monthly EC2 expense drop by over 50%! They are always there to help you out and never let you down.”
