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