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Presidio Helps DraftKings Up Its Innovation and FinOps Game

DraftKings-blog

Presidio Supports New DraftKings Chief Technology Officer’s Vision to Modernize Customer Experiences, Drive Efficiencies and Accelerate Product Development

NEW YORK, NY (May 29, 2024) Presidio, a leading technology services and solutions provider, today announced that it is working with DraftKings, a leading digital sports entertainment and gaming company, to leverage technology to innovate and support the company’s rapid growth.

“Our technology organization enables DraftKings’ industry leading product offerings by continually enhancing our technology. We strive to increase our reliability, improve performance, and introduce features that set new industry standards,” said Zach Maybury, Chief Technology Officer, DraftKings. “We partner with Presidio to be an extension of our engineering team. Presidio’s expertise and support helps us optimize our internal operations, allowing our team to focus on business critical projects that deliver the ultimate customer experiences.”

During a period of accelerated expansion, DraftKings enlisted Presidio’s Managed Services to support important projects, including a large-scale platform migration. The Presidio partnership has enabled the DraftKings team to meet aggressive deadlines while redirecting its in-house team to strategic, customer-facing initiatives. Additional projects managed by Presidio have accomplished the following:

  • Reduced cloud costs by 25% through Presidio’s Cloud Financial Managed Service program, PRISM. PRISM, in conjunction with Presidio-recommended hyper-scaler programs, has enabled DraftKings to optimize consumption to peaks in its business while also lowering overall cloud waste. PRISM has saved companies an aggregate of $100 million a year, it also provides actionable forecasting and reporting with near real-time insights on cloud spending, core tagging, and anomaly detection alerting.
  • Streamlined operational efficiency gained from Presidio’s comprehensive cloud management and logistics support has accelerated project time to market. This allows the DraftKings’ team to focus on revenue-generating product development and roadmap execution.
  • Improved scalability, performance, and resiliency through the modernized cloud-based gaming platform.
  • Enhanced user experiences from new and better-performing apps that can easily support major traffic increases during events such as the Super Bowl and March Madness.

“Presidio and DraftKings’ teams work seamlessly together to help the company achieve its desired outcomes,” said Bob Cagnazzi, CEO of Presidio. “DraftKings has an exciting mission to responsibly revolutionize the digital sports industry—we look forward to continuing to be its ally setting technology strategies and leveraging the right technology solutions for their unique business goals.”

About Presidio

At Presidio, speed and quality meet technology and innovation. With a decades-long history of building traditional IT foundations and deep expertise in automation, security, networking, digital transformation, and cloud computing, Presidio is a trusted ally for organizations across industries. Presidio fills in gaps, removes hurdles, optimizes costs, and reduces risk. Presidio’s expert technical team develops custom applications, provides managed services, enables actionable data insights and builds forward-thinking solutions that drives strategic outcomes for customers globally. For more information, visit www.presidio.com.

About DraftKings

DraftKings Inc. is a digital sports entertainment and gaming company created to be the Ultimate Host and fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based vertically integrated sports betting operator. DraftKings’ mission is to make life more exciting by responsibly creating the world’s favorite real-money games and betting experiences. DraftKings Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 27 states and in Ontario, Canada. The Company operates iGaming pursuant to regulations in five states and in Ontario, Canada under its DraftKings brand and pursuant to regulations in three states under its Golden Nugget Online Gaming brand. DraftKings’ daily fantasy sports product is available in 44 states, certain Canadian provinces, and the United Kingdom. DraftKings is both an official daily fantasy and sports betting partner of the NFL, NHL, PGA TOUR, and UFC, as well as an official daily fantasy partner of NASCAR, an official sports betting partner of the NBA and an authorized gaming operator of MLB. In addition, DraftKings owns and operates both DraftKings Network and Vegas Sports Information Network (VSiN), to provide a multi-platform content ecosystem with original programming. DraftKings is committed to being a responsible steward of this new era in real-money gaming with a Company-wide focus on responsible gaming and corporate social responsibility.

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