Case Study: Falkonry reduces SaaS spend by 50% with CloudEagle

How competitive intelligence can help you better renegotiate with your SaaS vendors

Falkonry, a leading AI manufacturing company, had been paying its vendor for API access for over five years without realizing that competing companies often received this feature for free. This lack of pricing visibility and benchmark data led to significant and unnecessary overspending on their SaaS contracts, creating budget constraints.

CloudEagle addressed this challenge by leveraging its extensive SaaSMap database to provide Falkonry with competitive pricing intelligence. Using this data, CloudEagle's negotiation experts successfully renegotiated the vendor contract, reducing Falkonry's SaaS spend by 50%. This major cost saving freed up budget for new software investments and saved the procurement team over 2,000 hours annually in manual negotiation time.