Scale Your Business with Elixir Solution: Case Studies and Success Stories

Introduction

As the world becomes more and more digital, effective growth strategies that allow you to scale your business become even more important. There is a new breed of technologies that have experienced tremendous progress in helping businesses with scaling and one of them is Elixir. 

In this blog, we will explore different case studies and success stories depicting and focusing on the effectiveness of Elixir solutions and how they can turn around your business when teaming up with the right Elixir development company.

Elixir Solutions for Scaling Business 

Several benefits are offered by Elixir that make it ideal for use in businesses that are looking to grow in the most efficient way possible. It can be safe to say that the three most defining advantages include; enhanced performance and capacity, resilience, and accommodating ease of maintenance and development.

1. Improved Performance and Scalability

Elixir’s greatest asset is the possibility of an elastic scale of solutions. This is made possible by the Erlang Virtual Machine upon which Elixir is built; thus it is suitable for enhancing large-scale applications that deal with a high number of concurrent users.

In particular, several high-traffic applications utilize Elixir to handle increased user traffic. For instance, Bleacher Report, a popular sports news website, switched to Elixir due to growing traffic volume. Thanks to the application of Elixir solutions, they were able to handle millions of concurrent users, make them work faster, and provide higher comfort.

2. Fault Tolerance and Reliability

Based on the work of Erlang Virtual Machine Elixir organizes a structure that is regarded as very reliable and tolerant of failures. This is valuable, especially for companies whose operations cannot be interrupted by a breakdown of their equipment and machinery.

For instance, Pinterest uses Elixir in the application’s notification system, which is required to process billions of notices every day. Through the ideas from Elixir solutions, Pinterest could continue to provide system availability, especially during user traffic congestion which improved its user experience.

3. Ease of Maintenance and Development 

Another key aspect that we need to consider while choosing the right architecture for our project is how easy it is to maintain as well as develop the application in the long run. Due to the relational nature of GoLang, Elixir has been lauded by developers for its clear and expressive syntax combined with a strong number of features.

Transit app Moovit opted for Elixir to refactor its server stack of applications. The switch allowed the cutting of their development time by nearly one-third which in turn allowed them to deploy features more effectively.

One of the many advantages that comes with Elixir Solution is that it has low maintenance costs. For instance, The Outline an online publication mentioned that when they shifted to Elixir their operational cost was reduced and had the added benefit of more stability.

Read More: Introduction to Elixir/Phoenix Framework

Elixir Success Stories – Real-life Narratives of How Elixir Solutions Have Succeeded in Businesses

The real measure of any sort of technology is its ability to deliver when it is put into practice. Here are a few examples of companies that were able to revolutionize and enhance their performance with the help of Elixir solutions:

1. SaaS Company

Clubhouse was a SaaS company and to effectively share more features, the company wanted to hasten the feature development. Hiring trained personnel and bringing Elixir solutions worked for them in the sense that they halved their time to develop. It allowed them to quickly implement new features that in turn retained the product as relevant and as distinctive as possible in the market.

2. Financial Institution

Goldman Sachs, a financial institution, was facing slow transaction speeds, which was a big issue for the organization. This is when they came to Elixir for an answer. The transition proved critical as it brought improved transaction speed and reliability as a testament of how Elixir solves basic bottlenecks in financial transactions.

3. Large E-commerce Company

Shopify is an e-commerce company which sought to improve the usability of its website by increasing the responsiveness of the website. By implementing Elixir solutions, they were able to not only improve the load speed of the pages but also the reliability of the whole platform and thus attract more users.

4. Healthcare Sector

Teleconsultations have increased significantly during the pandemic. Teladoc was one example of a firm utilizing Elixir to address this growth properly. The Elixir solutions enabled guarantee that the systems could bear higher loads at up equal to optimal performance.

Elixir used in Healthify which is a healthcare application has ensured that it meets the data security and compliance needed in such applications. Elixir’s strong foundations guarantee that the data will not leak, as well as the fact that the system conforms to norms.

5. Telecommunications and Finance

Ventures in the telecommunications industry such as WhatsApp have embraced Elixir since the frameworks it offers possess high-uptime reliability. In finance, for instance, the company of Klarna has adopted Elixir and relying on it, it is possible to achieve real-time payment processing that is characterised by high reliability and low latency.

Conclusion

Elixir solutions are a way that will help your company to reach a new level. In any case, collaboration with a competent elixir development company opens a wide spectrum of opportunities, including coping with problems at scale, guaranteed stability, cost-saving, and new solutions. It is safe to conclude that the future is promising for companies that adopt Elixir so make sure not to stay behind.

Elixir

Bhargav Bhanderi

Director - Web & Cloud Technologies