Objectives
Putnam sought to enable sustainable business growth and profitability by capturing efficiencies through improved data access.
Putnam needed to respond to the demands of its business and end users for the benefits available in the cloud.
Putnam engaged Mastek to develop to train and expedite the migration from Cloudera to Snowflake.
The Challenges
- Missing the expertise needed to make the transition to Snowflake.
- After ten months into the migration process, Putnam’s in-house team was still missing a consolidated data strategy.
Why Mastek?
- Proven expertise in migrating from Cloudera to Snowflake.
- Ability to create a business case to validate costs savings.
- Experience with building a data warehouse with Snowflake on AWS.
Benefits
- Speed – In just 60 days, Putnam’s migration was wholly transformed
- Performance – 10X improvement in query response times
- Affordability – 19% reduction in previous IT spend(~ $2M over 3 years)
- Agile Processing – Workflow adjustments in data lake made in minutes
