JAGGAER, a global provider of technology for business spend management headquartered in North Carolina and owned by UK private equity house Cinven, has saved $2.7m on its annual cloud budget by choosing hyperscale cloud consultancy, Capacitas, as its cloud migration partner.
JAGGAER is made up of several acquisitions. By moving all the different data centres into the cloud, JAGGAER knew it would allow it to simplify its technology landscape and improve the performance and reliability of its services.
When JAGGAER started embarking on a large-scale cloud migration, it was looking for insight into whether it would be possible to reduce the costs associated with such a migration. Capacitas audited JAGGAER’s existing and complex estate – both on-prem and in the cloud – to get a solid understanding of why the architecture had been set up the way it had.
From the initial audit, Capacitas could see that JAGGAER could create a seven-figure saving during the initial 6 months, and showed it how do to this on a week-by-week and product-by-product basis.
The audit was completed in four weeks followed by two cost optimisation engagements each lasting three months. The organisations are now working together on a four-month transformation engagement which is designed to solidify the cultural shift and continue to make cost efficiency behaviours part of everyone’s mindset.
So far Capacitas has helped JAGGAER to currently stay $2.7M under their predicted annual cloud budget. Another key benefit has been the speed at which we were able to actualise these savings.
“The shift in mindset and culture across the JAGGAER teams, in terms of how to manage the cloud, has been outstanding and this has undoubtedly made all the processes easier to complete. We’ve managed to save JAGGAER a significant amount of money over what it was forecasting to spend, while creating the foundation for performance and scalability. It just proves when the Cloud is done right, it can become rocket fuel for any organisation,” says Dr. Manzoor Mohammed, CINO and Co-Founder, Capacitas.
Headquartered in North Carolina, JAGGAER has offices around the world and provides services to leading corporations on every continent. Gartner has named JAGGAER a Leader in the “Magic Quadrant for Procure-to-pay Suites” for the past five consecutive years. JAGGAER was acquired by UK private equity house Cinven in 2019 and began embarking on a large-scale migration to the Cloud.
Cinven is an international private equity firm with a 30-year record of accomplishment, focused on supporting companies that want to step-change their growth. Cinven has offices in nine international locations and their portfolio companies typically have the benefits of scale, product, and price leadership.