Customer Success Story

Multinational Credit Reporting Agency Replaces Splunk with Devo to Accelerate Cloud Shift

Wanted: A cloud-native secure logging solution with a lower TCO

A leading credit reporting agency was using Splunk on- premises and wanted to shift its data to the cloud. Splunk proposed a cloud transition solution, but it came with a very high TCO and additional post-purchase costs. This left the door open for competitors, including Devo, to propose a better approach.

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Quick Facts

INDUSTRY

  • Financial Services

HEADQUARTERS

  • North America
  • Central America

CHALLENGE

This top credit reporting agency had been using Splunk in an on-premises deployment. But the agency — and its data needs — were growing rapidly. So, the company decided to optimize its operations by shifting to the cloud. The organization initially considered migrating to Splunk Cloud. However, the licensing model was inadequate for its needs. The agency’s TCO analysis confirmed this transition would be cost-prohibitive, for example, the license only allowed for 90 days of hot data, leading the company to seek a different cloud-based SIEM.

REQUIREMENTS

  • A cloud-based SIEM solution
  • At least 90 days of hot data storage
  • A smooth transition of historical data to the cloud
  • An attractive licensing model and pricing

SOLUTION

Devo provided the customer with a comparable amount of data storage at a 50% annual cost savings and enabled them to maintain 400 days of always-hot data. Devo also delivered a query speed that far surpassed that of Splunk and other competitors. Ultimately, Devo provided the best licensing model and storage plan for the credit reporting agency at a very reasonable cost.