Case Study: Plex cuts API vendor costs by 50% with CloudEagle.ai

Plex cuts API vendor costs by 50% with CloudEagle

Plex, a media company, had been paying its vendor for API access for over five years without ever questioning if the pricing was competitive. The team lacked any benchmarking data to validate the cost or to build an evidence-based case for renegotiation, leaving them unable to effectively challenge the long-standing charge.

CloudEagle applied its SaaSMap database to benchmark the API pricing against market data. This analysis revealed that comparable vendors did not charge for similar API access and that the service carried no incremental cost for the vendor. Using these evidence-backed arguments, Plex successfully renegotiated and secured a 50% reduction in their vendor bill with CloudEagle, recovering $18K in overpayments which was then reinvested into additional software.

Plex