Araza helped SEEK reduce cloud spend by 20% in FY24

Melbourne-based Araza claims it helped SEEK reduce its cloud spend by 20 percent in FY24 by implementing a cloud FinOps framework for the company.

SEEK was facing rising cloud costs and looked for a structured approach to optimise spending and gain better visibility into its cloud spend, according to a statement from Araza.

Araza implemented a FinOps framework designed to streamline cloud financial management across the organisation while “fostering a culture of financial accountability”.

It used AWS QuickSight and a “comprehensive suite of cloud financial management strategies” to help SEEK.

Araza announced projected a 37 percent annual reduction in SEEKS’s ongoing annualised costs.

The work has “transformed our approach to cloud financial management,” stated Justin Simmons, Chief Technology Officer at SEEK.

“Not only have we realised substantial cost savings, but we’ve also seen a positive shift in our organisational culture, with financial management becoming a key focus. The enhanced reporting capabilities have provided us with critical insights that drive our financial strategies forward."

"Our clients have increasingly recognised the need to mature their cloud environments. While they understand the potential to leverage their cloud infrastructure more effectively, many lack the visibility or dedicated resources to prioritise and manage it consistently,” stated Victoria Kluth, Araza CEO. 

Araza FinOps Director Con Gonopoulos added: “The demand for managing costs, usage and the environment is difficult. By integrating our experience and ArCO, our proprietary tool, we can take the pressure off of teams who can then use the information to make better decisions.”

Araza is a former CRN Fast50 company and was a finalist in the Emerging Innovator categry of the 2022 CRN Impact Awards.