Stopping Business Outages Saved Millions for a Fortune 50 Retail Company
Before Venafi: 18X certificate growth in 4 years; 100 outages per year; $300M in outage expenses a year; lack of visibility into all certificates.
After Venafi: 100% elimination of outages, $300M OpEx savings per year; discovery of 100,000 unknown certificates; 93% reduction in privileged access.
One of the top global retailers turned to Venafi for help with managing and securing their SSL/TLS certificates and stopping certificate-related outages. As their retail business boomed, so did their need for SSL. They increased their certificates growth by 18X in 4 years. Unfortunately, they didn’t have visibility into all of their certificates or automated certificate lifecycle processes. The result was up to 100 outages a year. In retail, any outage of online services is costly.
For this retail leader, their outages resulted in $300 million in expenses each year.
They gained visibility into their complete certificate inventory and discovered 100,000 certificates they didn’t know they had,
Then they applied automated certificate lifecycle processes that ensure certificates are renewed before they expire. They went from 100 outages a year down to zero, and this saves the business $300 million a year.