Tawuniya Cuts Data Storage Costs 66% with Oracle Lifecycle Management

Tawuniya, Saudi Arabia's first national insurance company, faced increasing data storage costs and performance issues due to exponential growth in customer policies, claims, and audit logs. The majority of its 88 TB of audit data was infrequently accessed, contributing significantly to storage expenses and operational overhead due to manual data management processes. By implementing Oracle's information lifecycle management tools, Tawuniya automated data classification and tiering based on usage frequency, reducing storage requirements by 66% from 88 TB to 30 TB through advanced compression and efficient data tiering. This strategic adoption improved system performance, reduced costs, and provided a scalable framework to support ongoing digital transformation and regulatory compliance demands within the insurance sector.