SELECT

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How Exiger dropped their Snowflake costs by 40% in two weeks

Risk management company achieves 20x ROI and prevents $700K in additional costs through automated savings and proactive monitoring

SELECT
Exiger

The Challenge

Exiger's Snowflake costs ballooned by over 200% year over year, raising questions around the company around whether it could be sustainably managed. As Snowflake's rudimentary monitoring provided no granularity into cost drivers or actionable optimization insights, the Exiger team looked to SELECT to help drive immediate results.

The Solution

SELECT provided the Exiger team with immediate cost insights and 1-click Automated Savings that allowed them to instantly reduce costs by 40%. Setup took less than an hour. Following the initial cost reduction, Exiger has continued to benefit from SELECT's monitoring and visibility to enable immediate identification of waste and prevent future cost overruns.

Results

  • Reduced Snowflake spend by 40% within two weeks through SELECT Automated Savings and detailed cost insights
  • Achieved 20x ROI on SELECT investment
  • Prevented $700K in additional cost increases through automated anomaly alerts
  • Enabled cultural shift to FinOps mindset across 200+ analysts without dedicated oversight

Through SELECT's automated savings feature and deep cost visibility, we were able to instantly lower our Snowflake spend by over 40% and achieve a 20X ROI on our SELECT investment.

Skyler Chi, SVP, GTM Productivity & Excellence at Exiger

Snowflake became mission-critical but cost controls lagged behind adoption

Five years ago, Exiger operated fragmented data infrastructure across many different database systems. The company adopted Snowflake to create unified data access for product teams, analysts, and data scientists analyzing petabytes of risk management data. Today, Snowflake at Exiger serves 15,000 external users through embedded BI tools while 200 internal analysts constantly iterate on datasets. However, rapid democratization created problems. Users spun up 4XL warehouses for impatient queries, built inefficient SQL without optimization, and scheduled processes without understanding cost implications.

Costs exploded by 200% raising organizational concerns

After ramping up adoption of Snowflake, costs exploded by 200% in a single year, which began to raise questions around the organization. The degree of growth was unsustainable. All of leadership was asking why Snowflake costs were growing out of proportion with revenue growth. Before SELECT, Exiger relied on Snowflake's native monitoring which provided no actionable insights or the necessary visibility to drive change.

SELECT delivered immediate visibility and automated cost savings

Exiger needed to rapidly identify why costs were ballooning. SELECT immediately provided granular insights, leading to instant cost wins. Setup took just 20 minutes for the first Snowflake instance and five minutes for each subsequent instance. Through SELECT's Automated Savings feature and deep cost visibility, Exiger was able to immediately lower costs by 40%. SELECT helped identify orphaned projects across 200 analysts - for example, processes running on oversized warehouses with cron jobs against stale data that nobody used anymore.

Real-time anomaly detection prevents major cost increases

After eliminating initial waste, Exiger shifted strategy to ongoing monitoring with SELECT's automated cost anomaly alerts. This proactive approach prevents future waste rather than cleaning up after the fact. With Snowflake, you get a warning that your top level budget is off, but no additional granular details as to why. With SELECT, you receive a notification telling you what service spiked, from what workload, when and why, along with all the additional telemetry you need to investigate.

Cultural shift enables innovation while controlling costs

Since adopting SELECT, it has become incorporated into Exiger's engineering workflows. When developing new workloads or experimenting with warehouse configurations, developers can easily monitor costs and performance to make data-driven decisions with confidence. SELECT gave Exiger a very easy way to change culture around spend, and also give senior executives comfort that they had general control over the tools they've entrusted teams with. It's really hard to change culture and to change a 200 person organization's way of thinking, but providing them with airbags and safety nets from SELECT has given them the ability to do exactly that.

See how SELECT helps data teams move faster

Explore how SELECT helps teams reduce warehouse waste, improve visibility, and act on data cost insights.

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Customer Love.Supercharging thousands of data cloud users.

Read more customer love
“SELECT is a team favorite - its cost monitoring and auto savings give us peace of mind that our Snowflake spend is in check. The platform’s detailed insights across SQL queries, dbt, and Looker usage provides a comprehensive view into credit spend that is unmatched by other solutions. SELECT has helped us significantly optimize how we use Snowflake.”
Dan Corcoran
Dan CorcoranSenior Data Engineering Manager at Gopuff
“SELECT's app has become an invaluable resource to our company. It clearly breaks down our costs to allow us to focus on the most important areas of cost. SELECT has repeatedly surfaced inefficient common query patterns, and has helped us spot 200 TiB of unused tables to drop, resulting in continued significant cost savings. SELECT is always adding new features to help their customers better understand and reduce their spending. We can't recommend them highly enough!”
Sean Abraham
Sean AbrahamSenior Principal Software Engineer at VideoAmp
“I love clicking through SELECT to understand how our environment and workloads are evolving. I probably check it every day. It's coffee and SELECT for me every morning.”
Ian Fahey
Ian FaheySenior Analytics Engineer at Loop
“SELECT helps us quickly identify inefficient queries that consume unnecessary Snowflake credits, providing all the information we need in a single application. With the Automated Savings feature, we were able to allocate credits to new compute-intensive data projects.”
Jessica Franks
Jessica FranksData Engineering Manager at NOTHS
“This is the easiest thing we've ever done to save money - 20x ROI. Does this not exist for AWS?”
Skyler Chi
Skyler ChiSVP, GTM Productivity & Excellence at Exiger
“SELECT provides our team with complete visibility into all aspects of our Snowflake bill and usage. Our team regularly uses SELECT to monitor costs and get alerted on key changes. The dbt & Looker integrations are also super helpful for identifying performance bottlenecks.”
Jonathan Talmi
Jonathan TalmiSenior Data Engineering Manager at Super
“SELECT helped us monitor and reduce our overall Snowflake spend by almost 40%. The reporting showed me bottlenecks in minutes that would’ve otherwise taken weeks to dig through metadata and sort out. The 'Automated Savings' savings feature alone is saving us over $10k a month across our accounts, allowing us to bring on new workloads.”
Garrett McClintock
Garrett McClintockAnalytics Engineering Manager at Heap
“Before SELECT, we were blind to our Snowflake cost drivers. Minutes after install, we identified a single job that was driving over 20% of our costs. The instant visibility & not having to build & maintain our own monitoring makes a big difference for a lean team like ours.”
Erik Webb
Erik WebbHead of Data at Clair

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