Case Study: Discover Financial Services cuts storage costs and speeds log retrieval with Elastic Observability

Discover Financial Services cuts storage costs by 50% with Elastic

Discover Financial Services, a major online bank, faced challenges managing exponential growth in application log data while balancing platform scalability and cost optimization. To address this, they turned to Elastic and implemented a centralized logging platform using Elastic Observability.

The solution involved deploying Elastic Observability on Elastic Cloud Enterprise with a hot-cold-frozen architecture for data storage and advanced management features like autoscaling and rate limiting. As a result, Elastic helped Discover cut storage requirements by 50%, reduced historical data retrieval times from over 24 hours to just minutes, and accelerated mean time to repair by minimizing false positives and streamlining alerts.

Discover Financial Services