Secureframe Achieves Over 50% AWS Cost Savings with Usage's Insured Commitments

Introduction

Founded in 2020, Secureframe is a leading automated compliance platform that helps organizations achieve and maintain continuous security and privacy compliance—including SOC 2, ISO 27001, PCI DSS, HIPAA, GDPR, CCPA, and more. Headquartered in San Francisco, Secureframe serves thousands of customers like Generali, Rand McNally, Coda, and AngelList, overseeing over 150 integrations. With $79 million in funding from top-tier investors, Secureframe is dedicated to simplifying compliance so businesses can focus on their core operations.

The Challenge

As Secureframe rapidly expanded, managing escalating AWS costs became a significant concern. The company’s AWS expenses were increasing due to the growing use of services like EC2, RDS, and OpenSearch, essential for their core applications and seamless customer onboarding. Traditional AWS Savings Plans required long-term commitments of up to three years, which lacked flexibility and posed a risk for a fast-growing company that needed to adapt quickly to changing demands.

Secureframe needed a solution that would provide substantial cost savings without locking them into long-term commitments that could hinder their agility and growth.

The Solution

Secureframe partnered with Usage to optimize their AWS spending using Insured Commitments. This innovative solution allowed them to access the significant savings of a 3-year AWS Savings Plan but with a commitment that was 36 times smaller.

• Flexibility with Insured Commitments: Secureframe could enjoy the high savings rates of long-term AWS commitments while only being obligated for the first one month. After this initial period, they had the flexibility to adjust or exit their commitments entirely, thanks to Usage's Guaranteed Buyback program.
• Maximized Savings: This approach allowed them to triple their coverage for on-demand usage, significantly reducing costs while maintaining the agility needed for their rapid growth.
• Minimal Capital Commitment: Their financial obligation was just 3% of the total cost of a traditional 3-year contract, freeing up capital for other critical investments.

The Results

Implementing Usage's Insured Commitments led to immediate and impactful benefits:

• Over 50% Reduction in AWS Costs: Secureframe achieved more than 50% savings compared to on-demand pricing, substantially lowering their cloud expenditure.
• Enhanced Flexibility: Unlike traditional AWS Savings Plans that require a 1-year or 3-year commitment, Usage's solution offered the same level of savings with the ability to adjust or exit commitments after just one month.
• Reinvestment in Growth: The significant cost savings allowed Secureframe to reinvest in innovation, productivity, and further expansion.
• Operational Efficiency: By alleviating the burden of managing cloud costs, the engineering team could focus on innovation and delivering greater value to customers.

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