Kosmos doubles its service capacity while saving 60% with Oracle

Kosmos is a market-leading business platform specialized in process digitalization with strong focus on finance. It currently operates in Mexico, with approximately 50 financial institutions using its platform, including 4 of the country's largest banks.

Kosmos helps develop digital processes, from customer onboarding to credit granting. Unlike other systems, it is a 'no-code' solution that allows to design and launch these business flowcharts intuitively, without the need for programming and within a couple of hours.

For many years, Kosmos used its own infrastructure and isolated services, but faced difficulties in meeting the demand for its services on a larger scale, guaranteeing the highest security standards, as well as legal and financial requirements in both Mexico and Latin America. The turning point came as the demand for their services grew, which required a more integrated and efficient approach to building better digital financial processes, given that agility and speed were critical to staying ahead.

For these reasons, they saw the need to search for a cloud solution that would allow them to boost their competitiveness in an ever-evolving market.

Kosmos chose Oracle Cloud Infrastructure (OCI) because of its strength to provide the infrastructure needed to support its growth. With this platform, the company could meet customer demand, comply with rigorous internal security requirements, and ensure financial regulatory compliance in Mexico and Latin America.

Oracle stood out from other tools as it promised to provide them with high-performance computing and storage capabilities in a flexible and securely accessible overlay virtual network.

Kosmos reduced its costs by 60%, doubled its service capacity, and by training AI models 5 times faster, improved the response speed of its applications.

Other key differentiators that Kosmos considered were the wide range of tools available, ease of deployment and use, end-to-end security, and personalized attention from the entire Oracle team throughout the process, making the decision to migrate to OCI the most obvious considering their challenges.

Implementing Oracle Cloud Infrastructure gave Kosmos significant benefits. In terms of infrastructure, the company saw a noticeable improvement in scalability and the ability to manage a larger number of customers, without the need to broaden the existing schema.

With Oracle's elastic solutions, the company expanded its geographic reach and deployed several models to power its growth in a more agile and adaptable way.

Adopting OCI with GPUs, discrete accelerators that enable and power emerging technologies such as artificial intelligence (AI), allowed the company to accelerate up to 5x AI model training, as well as significantly reduce application response times. In terms of security, the platform provided the company with a complete set of tools and certifications that empowered their systems performance, while the migration also led to a significant cost reduction. Likewise, with more time available, the company could serve a greater number of customers and boost their satisfaction.

In fact, other solutions such as Continuos Integration and Development helped streamline their processes, achieving faster and more consistent changes and deployments.

OCI also opened up the possibility for Kosmos to have a global footprint to deploy solutions in any desired region. From the first month, this implementation rendered a positive ROI and freed up resources to focus on key business areas, while improving the stability and security of the company's services. Kosmos reduced costs by 60%, doubled their service capacity, and by training AI models 5x faster, improved their applications' response times.

The implementation of Oracle Cloud Infrastructure (OCI) was carried out by Kosmos internal team, smoothly building their ecosystem within three to four months.

Although the initial analysis process was slow, once the decision was made, the migration turned out to be simpler and faster. The experience was positive and successful for Kosmos team and their collaborators kept providing the company with training on OCI tools.