As Aido Health grew, its cloud infrastructure costs increased exponentially in AWS. At its peak, Aido was billed $10,000 per month. With the threat of recession and a bearish VC market, Aido sought to cut its infrastructure spending and increase sustainable revenue streams. Here’s how Aido Health increased its infrastructure efficiency, massively reduced its cloud spend, and unlocked new revenue streams.
Aido reduced their cloud infrastructure, storage, and solution spend in AWS from an average of $4,000 per month to $1,500 per month in total with Lyrid, with better performance, a suite of engineering services, and dedicated local support. Additionally, Aido utilized the Lyrid Kubernetes Management platform to buy the machines and deploy their applications to the machine clusters. One of the reasons Aido put their trust in Lyrid is the partnership with local data centers. In fact, part of the cost savings comes from $4,000 to $1,500 in hosting fees. In addition, Lyrid’s Managed Platform enabled Aido to provision Kubernetes clusters, which enables efficient deployment and management of their applications, services, and storage.
Aido utilized Lyrid Engineering Services to help transition their monolithic infrastructure to microservices, using containerization techniques. With Lyrid’s Engineering Support plan, Aido was able to transition to microservices with minimal effort and without hiring any DevOps engineering due to the ten free hours of engineering work that can be attributed to microservices migration work. In addition, Aido was able to take advantage of Lyrid’s partnership with one of Indonesia’s largest ISPs to comply with local regulations that require companies in data-sensitive industries to store client data locally. Furthermore, with their applications deployed to the Lyrid platform, Aido was able to diversify their revenue streams with the ability to deploy their solutions on-premise to fulfill security requirements and local regulations in Healthcare and Government industries.
In fact, according to their CTO, Rinaldi, “We are expecting Aido to grow our new revenue stream with on-premise deployments by 5x considering the massive revenue potential in the government and healthcare space.”
Aido plans to compete in more government and large healthcare companies' contracts where they would deploy on-premise versions of Aido Health’s tech stack. In addition, Aido intends to continue using Lyrid Enterprise Support for CI/CD automation, DevOps support, and managing their Kubernetes clusters. Another of Aido’s future plans is to integrate further with Lyrid and utilize Lyrid Engineering Services to migrate their data and storage services into their current Kubernetes cluster, which they expect would: “We want to fully utilize our machine clusters at Lyrid to increase our cost savings in the long run compared to what we ran in Google, as based on our calculations, our spending at Lyrid will scale linearly.”
Lastly, Aido plans to raise its seed round funding in the next year while taking advantage of the coming tech winter. With a robust, scalable, cost-effective, legally compliant infrastructure, they are confident economies of scale and larger projects would be achieved, thus making it easier to raise money.
Lyrid is a multi-cloud infrastructure as a service (IaaS) provider that makes developing new cloud native solutions easier and more affordable. As a vendor-agnostic cloud platform, Lyrid utilizes data, machine learning and user policies to wrap, deploy and execute the applications seamlessly between all the public clouds. The Lyrid platform is available in free/hobbyist and Pro versions and is designed for organizations of all sizes, from startup to enterprise. All users enjoy a variety of tools, data, analytics, redundancy and automation that make going to market globally with cloud native apps more efficient. With Lyrid, enterprises can innovate more affordably, increase cloud vendor flexibility, and test new ideas without disruption to their existing processes.
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