Yaga is an impact-driven startup that is like a mix between Instagram and eBay, allowing users to browse products in a visual feed or for influencers to create personal online stores. It also addresses one of the main risks of buying from strangers online with its escrow system. This system ensures that money doesn’t change hands until both parties confirm the deal went smoothly, providing peace of mind for buyers and sellers alike. To make shopping online more accessible, Yaga offers local payment and delivery methods.
Yaga was looking to optimise cloud computing costs. Yaga website traffic is highly fluctuating, and compute resources were overprovisioned to handle peak user volumes.
Yaga migrated applications to AWS Elastic Kubernetes Service. EKS made it simple to implement auto-scaling and optimise provisioned compute resources based on actual site visitor volume. In addition to auto-scaling, Yaga decided to evaluate Spot instances. Spot instance is a compute resource available at up to a 90% discount compared to on-demand prices.
On average, the spot instances gave three times the cost savings compared to on-demand instances used before. Cost optimisation achieved through implementing good FinOps practices can substantially improve organisation’s profitability and are crucial with modern cloud solutions, including AWS.