Thursday Jan 16, 2014

Yodlee Achieves 50% Reduction in CapEx and 10 Percent Faster Performance

Yodlee Supports International Growth with the Oracle Database Appliance

Yodlee needed a data management solution to help meet its expanding customer base and meet  international privacy and regulatory requirements. The company looked at more than 15 architecture solutions and tested five for cost, performance and scalability, ease of management, and security. With results in all four categories that beat all other alternatives during a six month proof of concept, including a 20 percent increase in application transactions per second and an 11 percent improvement in average page view response time, Yodlee choose Oracle Database Appliance.

“Over the past few years, our company has seen both greater data infrastructure demands along with mounting international privacy regulations and security concerns,” said Jeff Schulte, vice president of scalability and architecture, operations, Yodlee. “Since implementing the Oracle Database Appliance, we have been able to securely manage our customers’ data, while improving performance and reducing total cost of ownership.”

About Oracle Database Appliance

Oracle Database Appliance comes complete with out-of-the-box software, hardware, database, and storage engineered for speed and simplicity. Leveraging it, Yodlee achieved 50 percent reduction in CapEx and 10 percent faster performance

Additionally, with its unique capacity-on-demand licensing model, the Oracle Database Appliance offers the company a scalable environment for future growth, including planned implementation in two additional international data centers.

Get a Closer Look at Oracle Database Appliance

A new research note from Nucleus Research takes a closer look at the specific experiences of Oracle Database Appliance customers currently using the appliance to support business-critical data and transactions.

Nucleus’s initial assessment of the Oracle Database Appliance found that companies could typically avoid 30 to 40 percent of the hardware expense needed to build a comparable platform, while accelerating time to value and increasing business flexibility.

In this research, customers exceeded their expectations with these amazing business results:

  • Accelerated monthly billing processes by 5 times
  • Reduced time to complete upgrades by 80 percent
  • Reduced support staff requirements by 60 percent
  • Avoided an 80 percent increase in 3-year software and hardware costs
  • Increased flexibility for future growth
  • Accelerated time to production by 50 times
  • Increased administrator productivity through reduced management and monitoring time
  • Accelerated revenue capture from new customers

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