AlphaPoint, a financial technology (FinTech) company, specializes in making illiquid assets liquid. They provide institutions with enterprise-grade blockchain solutions to digitize assets, launch markets, and reduce operational costs.
By helping businesses digitize their assets, such as real estate, gold, and art, AlphaPoint enables these assets to be traded using cryptocurrency, thereby increasing their liquidity. Clients utilize AlphaPoint’s technology to launch exchanges worldwide, allowing end consumers to trade cryptocurrencies.
Before partnering with Machines And Cloud, AlphaPoint was manually provisioning cloud environments and deploying their cryptocurrency software across multiple servers. The process of environment provisioning and software deployments took several days, followed by additional days spent troubleshooting issues related to new releases.
At the time, AlphaPoint’s development team was utilizing approximately 10-15% of Octopus Deploy’s automation capabilities.
Machines And Cloud conducted a thorough analysis of AlphaPoint’s deployment process and devised a strategic plan of action to fully automate their deployments. Leveraging infrastructure as code and advanced features of Octopus Deploy, Machines And Cloud built a hands-free process for provisioning new customer environments. Moreover, Machines And Cloud trained the AlphaPoint team on managing and maintaining the deployment process and adapting new features as requirements evolved.
Infrastructure as code (IaC) is a method of managing and provisioning infrastructure through machine-readable definition files, rather than relying on manual configuration. This approach allows for more efficient, consistent, and reliable infrastructure management. By using IaC and Octopus Deploy’s advanced features, AlphaPoint benefited from reduced human error, increased consistency across environments, and faster, more reliable deployments.
Octopus Deploy is a powerful deployment automation tool that simplifies the release process, making it easier to manage complex environments and release new features more quickly. By harnessing its advanced features, AlphaPoint could better manage their infrastructure, automate deployments, and streamline the entire release process.
AlphaPoint can now provision new environments in four hours or less and deploy new features on demand. By increasing the utilization of Octopus Deploy’s automation features from 10% to 80%, AlphaPoint experienced a productivity boost of over 84%.
This enhanced automation has significantly reduced the time and effort previously required for environment provisioning and software deployments, allowing AlphaPoint to better serve its clients and rapidly respond to their needs.