Cost Cover by 56Bit

56Bit AWS
Launchpad 
for iGaming.

The Essential Solution for iGaming Companies to Reduce Cloud Costs

Public Sector

AWS Lambda Delivery

AWS CloudFormation Delivery

DevOps Services Competency

Well-Architected Partner Program

Join the ranks of our satisfied clients.

What We Do

Typical problems
our clients face that
We help resolve.

Unpredictable
AWS Costs

This creates budgeting challenges and financial uncertainty, reducing confidence in cloud scalability.

Complex Billing
Structures

This makes it difficult to understand charges, leading to administrative burdens and missed cost-saving opportunities.

Inefficient Resource
Utilization

This results in wasted spending on unused resources and lowers overall cloud ROI.

Lack of
Transparency

This limits visibility into usage and costs, making optimisation and governance efforts less effective.

Compliance 
Challenges

This increases the risk of non-compliance and raises costs related to maintaining regulatory standards.

Difficulty in
Cost Allocation

This leads to inaccurate reporting, poor decision-making, and internal conflicts over cloud spending.

We Know the Impact that is Having on your Business:

Leading to budget disruptions and financial strain

Leading to unexpected charges

Causing overspending and cash flow issues

Reducing overall ROI and profitability

Resulting in confusion and billing errors

Adding complexity to cost management

Leading to missed opportunities for optimization

Leading to difficulties in decision-making

Key Benefits 
of Using 
Cost Saver.

Forecasting Capabilities:

Accurate Cost Predictions: Cost Saver employs advanced forecasting to predict cloud spending with 95% accuracy, surpassing the industry standard of 70%. This helps your iGaming company plan budgets and growth strategies more effectively.

Future-Proofing Growth: With precise infrastructure cost predictions for new iGaming brands, our partners can confidently expand their operations knowing that their cloud costs will be managed and optimized.

Resource Optimization:

Strategic Cost Reduction: Quickly reduce costs by up to 20% within the first few weeks, with an additional 10% savings throughout the process, all while maintaining security and compliance. This ensures you optimize spending without compromising operational integrity.

Identifying Underutilized Resources: Cost Saver effectively identifies and optimizes underutilized AWS resources, helping you reduce unnecessary spending and maximize efficiency in just a few weeks.

Cost Transparency:

Clear Visibility into Costs: Cost Saver offers clear insights into AWS costs, helping iGaming companies accurately track cloud costs. This transparency enables better resource allocation and efficient spending.

Sophisticated Cost Allocation: Cost Saver uses smart tracking methods to accurately manage and separate expenses for B2B and B2C operations, as well as for individual iGaming brands or specific operators.

Proud AWS Partners

Powering iGaming
with cloud excellence.

FAQs

Frequently asked
questions.

What is Cost Saver, and how can it benefit my iGaming business?

Cost Saver is a comprehensive cloud cost optimization framework for the iGaming industry. It helps businesses reduce AWS infrastructure costs through advanced resource optimization, cost allocation, and forecasting, allowing you to reinvest savings into strategic initiatives.

What kind of savings can I expect?

Businesses using Cost Saver typically see an average 30% reduction in AWS costs within the first few months. The exact savings depend on your current cloud usage and the efficiency of your existing setup.

Is there a minimum spend required to use Cost Saver?

No, there is no minimum spend required to use Cost Saver. However, to get the most value from Cost Saver, we recommend using the framework on environments that cost at least $15,000 per month in aggregate.

How is Cost Saver different from other cost management tools?

Cost Saver is not a single tool but a framework of tools and processes developed by 56Bit and tailored specifically for the iGaming industry. It incorporates industry-specific customization, advanced technical proficiency, and compliance with gambling regulations.

How does the Cost Saver framework work?

The Cost Saver framework is a three-phase process designed to optimise your AWS costs:

Initial Assessment and Value Identification (around 2 weeks): We thoroughly evaluate your business and AWS environment to identify potential cost savings opportunities. This involves data collection, analysis, and the creation of a detailed report outlining recommended actions.
Quick Wins Implementation (around 1 month): Our certified engineers rapidly implement low-hanging fruit optimisations to demonstrate immediate value and cost reductions. We start with a pilot phase on a subset of your resources and then scale the successful actions across your entire environment.
Medium-Term and Long-Term Value Realization (around 3 months): Our experts work collaboratively with your team to implement more complex optimisations that deliver sustained cost savings over the long term. This includes leveraging advanced techniques and best practices to optimise your AWS infrastructure and usage.

By following this structured approach, Cost Saver ensures a systematic and effective reduction in your AWS costs.

How long does Cost Saver take to implement?

The framework involves a set of services and best practices that typically take around 4 months to deliver. You will typically see cost savings on AWS within the first few weeks.

How does Cost Saver provide cost transparency?

Cost Saver implements sophisticated cost allocation methodologies, providing clear visibility into AWS costs by mapping expenses to specific products, initiatives, and cost centres.

How accurate are the cost predictions provided by Cost Saver?

Cost Saver utilizes advanced forecasting techniques to predict cloud spending with around 95% accuracy, far surpassing the typical industry average of 80% accuracy. This precision allows iGaming businesses to budget more effectively and plan for future growth with confidence.

How does Cost Saver optimize resource allocation?

Cost Saver identifies and optimizes underutilized resources, helps reduce waste, and ensures efficient use of AWS services.

How does Cost Saver help forecast future cloud spending?

Cost Saver uses advanced forecasting capabilities to predict cloud spending with 95% accuracy, enabling precise financial planning and budgeting.

Does Cost Saver offer automated cost optimisation features?

Yes, Cost Saver incorporates automated features to continuously monitor your AWS environment and identify potential cost optimisation opportunities. It then provides clear recommendations and alerts relevant stakeholders to facilitate timely action. This automated approach ensures ongoing cost efficiency without requiring constant manual oversight.

Does Cost Saver provide insights into specific workloads or applications?

Cost Saver offers detailed insights into specific workloads and applications, helping you understand and manage their cost impact.

How frequently is the Cost Saver framework updated with new features and capabilities?

Cost Saver is regularly updated to include new features and capabilities, ensuring it stays current with AWS advancements and industry trends.

Will using Cost Saver impact application performance or availability?

Cost Saver is designed to optimise costs without compromising application performance or availability. It ensures robust security and compliance while maintaining high availability.

Can Cost Saver handle multiple AWS accounts?

Cost Saver can manage and optimise costs across multiple AWS accounts, providing a consolidated view of your cloud expenses.

Can Cost Saver handle multiple AWS regions?

Cost Saver can optimise costs across multiple AWS regions, ensuring comprehensive coverage for your global operations.

How does Cost Saver handle cost optimisation for serverless architectures?

Cost Saver includes specific strategies for optimising serverless architectures ensuring efficient use of AWS Lambda, API Gateway, and other serverless services.

How does the team ensure Cost Saver’s recommendations align with AWS best practices?

Our team of AWS-certified FinOps experts ensures that all recommendations align with AWS best practices, maintaining optimal performance, security, and compliance.

How does Cost Saver help businesses comply with regulatory requirements?

Cost Saver is a framework provided as a service by 56Bit, which has significant expertise in helping clients meet and exceed the security and other technical requirements set by leading gambling authorities, including the Malta Gaming Authority (MGA) and the UK Gambling Commission (UKGC).

How does Cost Saver maintain audit trails for compliance purposes?

Cost Saver maintains detailed audit trails of all activities, ensuring transparency and compliance with regulatory requirements.

How does Cost Saver ensure compliance with gambling regulations?

Cost Saver incorporates industry-specific compliance features. It ensures all activities adhere to regulatory standards.

Will it help maintain compliance while reducing costs?

Yes, Cost Saver helps maintain compliance with gambling regulations while optimising costs, ensuring your business meets all legal and industry requirements

How do I get started with Cost Saver?

Getting started with Cost Saver involves an initial assessment of your AWS environment, followed by the deployment of our proprietary framework. Contact our sales team to initiate the process.

Is there a free trial available?

There is no need for a free trial since Cost Saver is risk free. You will pay only if you see cost savings.

Do I need any technical expertise to use Cost Saver?

While some technical knowledge in your team is beneficial, our dedicated team will make it easy for anyone to use Cost Saver effectively. An essential part of the framework is enabling your team to maintain the cost efficiency achieved. This is done through training and knowledge transfer sessions.

What kind of support does 56Bit offer for Cost Saver?

56Bit offers extensive support, including a dedicated client success team, accessible support channels, and detailed project management to ensure successful implementation and ongoing optimisation.

What level of access does Cost Saver require to my AWS environment?

Cost Saver initially requires read-only access to your AWS environment to analyse usage and recommend optimisation. This ensures your data remains secure. However, once the recommendations are approved, read-write access will be required to help you implement them.

Does Cost Saver offer any training or onboarding resources?

Yes, we provide training and onboarding resources to help your team effectively utilise Cost Saver and maximise its benefits.

How does Cost Saver integrate with my existing billing processes?

A vital element of the Cost Saver framework involves helping you integrate your existing AWS billing processes, providing enhanced visibility and detailed cost allocation without disrupting your current workflows.

How quickly can Cost Saver be implemented?

The entire Cost Saver framework is typically delivered within four months, depending on the complexity of your AWS environment and specific requirements. You will start seeing cost savings within a few weeks.

Can Cost Saver optimise costs associated with specific game types (e.g., slots, live dealer)?

Yes, Cost Saver can optimise costs for specific game types by analysing their unique resource requirements and usage patterns, ensuring cost-efficient operations.

Does Cost Saver account for seasonal traffic spikes in the iGaming industry (e.g., during sporting events)?

Yes, Cost Saver includes advanced forecasting capabilities that account for seasonal traffic spikes, helping you manage costs during peak periods without compromising performance.

How does Cost Saver ensure cost optimisation for high-availability deployments required for iGaming platforms?

Cost Saver identifies and optimises resources needed for high-availability deployments, ensuring cost-efficiency while maintaining the required performance and availability standards.

How can Cost Saver help improve the return on investment (ROI) for our iGaming cloud infrastructure?

Cost Saver improves ROI by significantly reducing AWS costs, allowing you to reinvest savings into growth initiatives, enhancing operational efficiency, and optimising resource utilisation.

Beyond cost savings, can Cost Saver help us identify opportunities to improve operational efficiency?

Yes, Cost Saver provides insights into resource utilisation and operational processes, helping you identify and implement improvements for greater efficiency.

How can Cost Saver help us free up resources to focus on core business activities?

By optimising AWS costs and automating resource management, Cost Saver frees up your internal IT and DevOps teams to focus on core business activities and strategic initiatives.

Can Cost Saver scale to accommodate the growing needs of our iGaming business?

Yes, Cost Saver is designed with scalability in mind. It can support your business’s growing needs and evolve with your cloud infrastructure.

Get in Touch with Our Experts

56Bit AWS
Launchpad 
for iGaming.

Join the ranks of our satisfied clients.

Typical problems
our clients face that
We help resolve.

Key Benefits 
of Using 
Cost Saver.

Forecasting Capabilities:

Resource Optimization:

Cost Transparency:

Powering iGaming
with cloud excellence.

Frequently asked
questions.

Ready to cut your
aws costs?

Quick Links

Our Services

56Bit AWS Launchpad for iGaming.

Join the ranks of our satisfied clients.

Typical problems our clients face that We help resolve.

Key Benefits of Using Cost Saver.

Forecasting Capabilities:

Resource Optimization:

Cost Transparency:

Powering iGaming with cloud excellence.

Frequently asked questions.

Ready to cut your aws costs?

Quick Links

Our Services

56Bit AWS
Launchpad 
for iGaming.

Typical problems
our clients face that
We help resolve.

Key Benefits 
of Using 
Cost Saver.

Powering iGaming
with cloud excellence.

Frequently asked
questions.

Ready to cut your
aws costs?