Choice between spending $500,000 for upgrading old Oracle environment or using same budget for moving to state of the art Cloud data warehouse

As the CTO of a major auto finance company, John had always been hesitant to move the company’s data environment to the cloud. Despite the potential cost savings and other benefits, he was concerned about security and the complexity of the migration process.

PROBLEM: When it came time to budget for the upcoming year, John realized that the company had allocated $500,000 to upgrade its existing Oracle data environment. As he looked into the details of the upgrade, he began to see that it would require a significant amount of time and resources to complete.

At the same time, John had been keeping an eye on the rapid developments in cloud technology, and he had heard good things about Snowflake, a cloud-based data platform. He decided to do some research and was surprised by what he found.

SOLUTION: Not only was Snowflake more cost-effective than the Oracle upgrade, but it also offered improved security and scalability. John knew that this was the opportunity the company had been waiting for.

RESULT: With the support of the CEO and other key stakeholders, John was able to convince the company to redirect the $500,000 budget from the Oracle upgrade to a cloud migration project with Snowflake. The process was smoother than anyone had expected, and within a few months, the company had successfully migrated its entire data environment to the cloud.

Thanks to the decision to migrate to Snowflake, the company was able to reduce its IT costs, improve its security and scalability, and free up resources to focus on other strategic initiatives. It was a win-win for everyone.