Thirteen years’ experience in e-commerce has given Teddy Chan, Chief Executive Officer and Chief Technology Officer, AfterShip, a deep understanding of the challenges of shipping and tracking packages to customers worldwide.

“The key problem many merchants face is customers asking ‘where is my order?’ and ‘when I will get the package?’” Chan says. “When I considered this issue, I came up with the idea of AfterShip.” Chan helped found AfterShip in 2011 to enable merchants to keep track of packages sent to customers via a web portal or an API. AfterShip also allows merchants to notify customers of anticipated delivery times.

“Using AfterShip, merchants can provide the same experience to buyers regardless of which couriers they use,” Chan says. “Merchants can also improve their customer engagement by including up-selling or marketing content with their delivery notifications.”

Hong Kong-headquartered AfterShip continues to grow quickly and now has a 40-person team. Thirty members of this team are based on the China special administrative region and 10 are based in India.

“Google Cloud Platform has a network of global datacentres with deep connectivity that enables us to put our infrastructure close to our customers. In addition, the ability to horizontally scale our global database using tools such as Google Cloud Spanner eliminates any limits on our geographic expansion.”

—Teddy Chan, Chief Executive Officer and Chief Technology Officer, AfterShip

By October 2017, the business was tracking about 30 million packages per month and had expanded its services to include label and rate calculation and self-service return. Revenue, package transaction numbers and team size have doubled every year for the past three years, while more than 300,000 merchants and 426 couriers are signed up to the service. Key customers include Wish, Etsy and Groupon.

Close to half AfterShip’s customers are based in the United States, about one third in Europe and the remainder are located in Asia. AfterShip had initially delivered its applications and services from an incumbent public cloud service. However, the company wanted to continue its growth trajectory while automating key infrastructure processes, implementing a continuous deployment model and controlling costs.

The business needed to achieve these objectives while maintaining a global presence and high-quality service. AfterShip started reviewing its options and decided to migrate to Google Cloud Platform (GCP). “Google Cloud Platform has a network of global datacentres with deep connectivity that enables us to place our infrastructure close to our customers,” Chan says.

“In addition, the ability to horizontally scale our global database using tools such as Google Cloud Spanner eliminates any limits to our geographic expansion. Furthermore, the managed services provided through GCP would allow us to focus on building better features for online merchants.” The reliability provided by GCP would also enable AfterShip to meet the stringent service level requirements of large digital marketplaces in the United States, Asia and elsewhere.

“Google Cloud Platform could manage the high volumes and enable us to deliver the service levels that would realise our ambition of becoming the number one tracking API platform in the world,” Chan says. “For example, with Google Cloud Platform, we can provide a 99.95% monthly uptime service level to our customers.” Finally, GCP provided managed solutions, including Google Kubernetes Engine powered by open source container orchestrator Kubernetes, that would enable AfterShip to automate processes such as scaling and enable its team to focus on developing applications.

AfterShip has moved its websites into GCP infrastructure in three datacentres around the world and anticipates completing the migration in Q4 2017. “Google provided a lot of assistance, particularly early in the project when we needed it,” Chan says. “They briefed us on several services we hadn’t known about that could replace the equivalents in the public cloud we were using previously.” The business then completed the migration using its own skilled team members. As well as Google Kubernetes Engine and Google Cloud Spanner, AfterShip is using Google BigQuery to store and analyse transaction information.

“Google Cloud Platform could manage the high volumes and enable us to deliver the service levels that would realise our ambition of becoming the number one tracking API platform in the world.”

—Teddy Chan, Chief Executive Officer and Chief Technology Officer, AfterShip

Deployment times down from one hour to two minutes

With deployment times falling from up to one hour in its previous cloud environment to about two minutes in GCP, AfterShip has been able to adopt a continuous deployment model. “This has improved our service levels,” Chan says. “If there are any issues we can fix them quickly, while we can iterate faster to create new features in response to customer requests or changes in the market. “This enables us to continue to lead our competitors.”

Targeting a 30 percent reduction in costs

AfterShip is now targeting a 30% reduction in costs by optimising its use of Docker containerisation technology on GCP.

“By using Docker with Kubernetes, we have been able to fine-tune our use of compute resources and better control our costs,” Chan says. “We’re extremely pleased with Google Cloud Platform as it really is built for engineers,” he adds. “In addition, its documentation is extremely clear, allowing us to troubleshoot or carry out activities on the platform ourselves. “We look forward to continuing to grow and extend our package tracking and associated services with Google Cloud Platform.”

When I reflect back on the past year and the pandemic, I’m struck by how the reliance on remote work and operations has changed the fundamentals of business forever. For the financial services industry, this rings particularly true. Many conversations I’m having right now with organizations revolve around embracing a transformation cloud, and thinking of cloud computing not just as an infrastructure decision, but also as the locus for transformation throughout the company. 

Today, as we welcome the industry to our Financial Services Summit, we’ll demonstrate just how Google Cloud accelerates a financial organization’s digital transformation through app and infrastructure modernization, data democratization, people connections, and trusted transactions. We hope you’ll join us.

How we’re helping financial services firms build their transformation clouds

At Google Cloud, we continue to focus on areas where we can bring the best of our capabilities to banking, capital markets, insurance, and payments customers around the world. Our work with financial services industry customers has given us a deep understanding of the real-world, specific use cases that matter most to them. This groundwork led us to engineer products and solutions that are open and flexible, not ones that force them to rip out existing investments in ERP or other early IaaS cloud implementations. 

It’s why we’ve engineered solutions such as Lending DocAI, Open Banking with Apigee, and Datashare for financial services to help transform the industry. These solutions were created with our customers’ security and compliance top-of-mind and are built at the intersection of user-optimized experience, technology, and sovereignty.

At their core, financial institutions want to drive growth, reduce costs, mitigate risk, stay compliant, and increase efficiency. As a result, when we partner with them on their transformation journeys, we consider three essential focus areas: 

• Enabling the human experience and connected interactions
• Building an open and intelligent data foundation for better insights
• Providing the most trusted and secure cloud in the industry

Enabling humans and connected interactions

A company’s transformation is about more than technology; people and culture ultimately drive change. HSBC, for example, recognized its business users would benefit from guided answers to common questions around risk policy compliance, and turned to Google Cloud to leverage AI and machine learning bots to assist employees, ease the burden on policy experts, and improve the user experience. Using Dialogflow, a core component of Contact Center AI, HSBC was able to build a conversational platform that quickly and accurately addresses user needs at scale. 

Another example is Equifax, which used Google Workspace to support collaboration not only internally between employees, but also externally with customers. Customers can use Google Cloud solutions for financial services to build these sorts of technology-enabled human interactions quickly and easily—supporting organizational change at scale.

Building an open and intelligent data foundation for smarter, faster insights

The real impact of Google Cloud solutions for financial services comes when the whole company has access to the right information at the right time, and can act more intelligently on that data. Our solutions help businesses safely leverage their data and get a complete 360-degree view of their customers’ information, which can often be scattered across multiple systems (CRM, lending, credit, etc.). This helps financial institutions improve the overall customer experience—and sometimes even develop new products quickly. 

Indeed, all financial institutions are looking for ways to grow revenue and reduce expenses, and data can be a critical ingredient to doing both effectively. As daily transactions rise, so does the volume and complexity of data. But to implement new customer experience innovations (and new revenue streams), financial institutions must first capture data effectively. This is why AXA Switzerland, for example, uses real-time analytics on Google Cloud to gain cross-industry insights about future trends and customer preferences.

Financial services organizations also need the confidence of building on a platform that provides choice, flexibility, and agility to move fast. It’s why we have an open cloud approach that allows Google Cloud services to run in different physical locations such as on-premises, other public clouds, and the edge. Customers can also harness the power of data and AI through our open APIs, machine-learning services, and analytics engines on any major cloud platform. This is why companies like Macquarie Bank are taking advantage of Google Cloud’s open, hybrid architecture to modernize and empower its developers.

Compliant and secure to address risk and regulatory needs

As a highly regulated industry, financial services is focused on security and compliance, risk and regulations, and fraud detection and prevention. Google Cloud offers unique capabilities to earn customers’ trust as part of our continuing work to be the most trusted cloud in the industry. Google Cloud provides a secure foundation that you can verify and independently control. Our cloud technology reduces risk and data loss, because it is built on comprehensive zero-trust architecture. Finally, we offer a shared-fate model built on best practices in risk management via automation, guidance, and insurance. This is why customers like BBVA have confidence anywhere their systems may operate. 

On the regulatory front, global legislators and regulators continue to focus on the stability of the industry that only a decade ago went through one of the biggest liquidity crises in history. With this oversight comes strong expectations of risk mitigation. Google Cloud offers a single, global set of controls, reviewed by financial institutions and regulators around the world, and verified in collaborative audits—making compliance simpler and less costly for our customers.

Finally, Google Cloud allows financial services firms to operate confidently with advanced security tools that help protect data, applications, and infrastructure, as well as their customers from fraudulent activity, spam, and abuse. We help protect your data against threats, using the same infrastructure and security services we use for our own operations, ensuring you never have to trade-off between ease of use and security. Google Cloud encrypts data at-rest and in-transit. And we now also offer the ability to encrypt data-in use, while it’s being processed for customer VM and container workloads.

Let us help you with your transformation cloud journey

We’ve seen leading financial services companies embrace Google Cloud to help them move beyond infrastructure toward the next phase of their cloud evolution. This is an era where no company is better positioned to lead than Google Cloud, and we’re excited to help you with your journey.

Learn more about Google Cloud for financial services.