Case Study: SpareBank 1 saves millions with CrowdStrike Falcon LogScale

SpareBank 1 saves $2 million annually with CrowdStrike Falcon LogScale

SpareBank 1, one of the largest financial institutions in Norway, faced escalating costs and scalability challenges with their legacy log management platform as their data volumes grew. The bank needed a modern alternative that could handle their massive log ingestion needs while keeping data on-premises, without the prohibitive expense of their previous solution.

CrowdStrike implemented Falcon LogScale, which provided a 10x higher compression rate and a more affordable licensing structure. The solution saved SpareBank 1 between $2-3 million every three years in infrastructure costs and an additional $1-2 million annually in licensing fees. CrowdStrike's platform now supports 1,000 users, handles 2,500 concurrent searches, and allows the bank to ingest ten times more log data while staying on budget.

SpareBank 1