Cloud-native System Optimization for smeGo

The challenge

Adoption of Cloud in a reliable and cost-effective way requires a solid understanding of available options and strong implementation expertise. Upon successful implementation and initial launch of the service, its popularity started to grow while the cost and performance of the existing setup were becoming unacceptable over time for smeGo. That alarming trend needed to be promptly addressed and resolved.

The solution

smeGo decided to go back to the drawing board and review the existing solution in collaboration with TeraSky Europe, from the perspective of applying best practices on GCP adoption. The whole system received thorough fine-tuning by getting rid of unnecessary resource consumers and replacing sub-optimal parts of the setup in clusters based on Google Kubernetes Engine with the more cost-effective ones.

Cloud presents you with an abundance of choices, understanding what the capabilities of each are and what is the optimal solution for your situation is of critical importance to the success of implementation. Reviewing the choices that we’ve made and going through the comprehensive house-cleaning routine gave us another insight into the benefits and long-term positive effects of using GCP. Rolandas Tamasauskas, Chief Technology Officer, smeGo

The results

The outcome of that effort was a reduction of resource consumption cost by 60% without having any negative impact on the quality of the service. By following the best practices of Google Cloud adoption, smeGo is now prepared for scaling up its operations further while keeping cost and maintenance effort under control.

---

Lithuanian fintech smeGo is currently the largest non-banking fintech platform in the Baltic States, which already provided financing for EUR 800M. The company develops solutions based on artificial intelligence, with a strong focus on innovation in lending. The mission of smeGo is to help small and medium-sized businesses grow.