Business Data Analyst Using Computer

SLM Cost Take-Out

Identify, prioritize and implement savings within Software Lifecycle Management

Identify, prioritize and implement savings within Software Lifecycle Management

At SoftwareONE, we call the combination of digitized procurement and software asset management Software Lifecycle Management (SLM).

SLM is an incredibly complicated subject because a large number of commercial and technical issues are closely interlinked. Factors such as changes in strategy by software manufacturers or ever-changing business requirements make SLM even more complicated.

To address these challenging times, SoftwareONE has created SLM Cost Take-Out, a unique software savings program to help IT executives show quick wins in the areas of software cost reduction, cost avoidance and overall risk reduction.

SLM Cost Take-Out Logo

Common Challenges

Some of the most common challenges our customers experience with software and cloud cost control include:

Cloud Economics

Gaining visibility of cloud spend and understanding all existing possibilities to reduce costs

Pie Chart Icon

Software Rationalization

Reducing or substituting existing software products with cheaper alternatives or open source, harmonizing deployments with real needs

File Icon

Contract Complexity

Understanding complex contract terms and available use rights, optimizing purchasing conditions and options

Loss Icon

Software Spend

Removing unused software, inactive users and their access rights and purchasing only what’s really needed and used

Settings Icon

Operating Model

Enforcing clear policies & procedures, optimizing processes and reducing administration expenses

SLM Cost Take-Out | Our Approach

The SLM Cost Take-Out program consists of the following three phases:

Phase 1:

Cost Take-Out Diagnostics

For 1-3 days, we analyze your company‘s situation by interviewing stakeholders and relevant data such as software consumption, broken down by manufacturer. For this purpose, we use SLM Diagnostics, a service that supports and accelerates the determination of your SAM maturity level, analyzes the data, and makes the results and status visible in clearly arranged dashboards.

Phase 2:

Cost Take-Out Selection

We compare the results of the analysis with our approaches to saving and avoiding costs, which have proven successful in previous projects. Using the knowledge gained in Phase 1 combined with our Cost Take-Out Hypothesis Database, we determine potential savings initiatives. From this we generate an action plan. This takes a maximum of one day.

Phase 3:

Cost Take-Out Execution

Phase 3 is all about action – SoftwareONE and your team works together to realize and track the agreed initiatives. The duration is completely flexible and depends on your requirements.

SLM Cost Take-Out Value

SLM Cost Take-Out Value: Speed, Flexibility, Variability, Savings

Related Case Studies

View of industrial oil refinery

How SoftwareONE Helped a Global Oil & Gas Company Save Costs During Oracle ULA Renewal

A global oil and gas company was facing the expiration of its 5-year Oracle ULA. The company engaged SoftwareONE to help with the renewal process. With SoftwareONE’s expertise, the new agreement resulted in $3.2M in cost savings.

More

Increased Transparency and Improved Compliance with FlexNet Manager

SoftwareONE enabled Suva to improve its Software Lifecycle Management by implementing Flexera's FlexNet Manager which significantly helped the insurance company to optimize licenses, reduce spend and compliance risk.

More
Trains of the private rail freight operator Lineas

How Lineas Optimized its M365 Licensing Strategy

SoftwareONE Microsoft Advisory Services enabled Lineas to select the optimal licensing strategy for the next 3 years, including a cost avoidance of more than €700K, better compliance and facilitated remote work with cloud-based licenses.

More

Related Articles

Going the Distance with FinOps

Are You Prepared to Go the Distance with FinOps?

A mature FinOps strategy takes a lot of time and knowledge to develop. Here is how to overcome three common roadblocks when creating a FinOps strategy.

Oracle Enterprise Manager – How to Avoid Unexpected Licensing Challenges

How to Avoid Unexpected OEM Licensing Challenges

Oracle Enterprise Manager is a set of systems management tools for managing the Oracle environment. OEM itself is part of the Oracle Database license and does not require a separate license.

A Holistic View of Cloud Cost Optimization

Right-Sizing and Right-Costing: A Holistic View of Cloud Cost Optimization

Right-sizing and right-costing may be very different, but they are equally important to cloud cost optimization. Read this post to learn more.

Connect with an Expert

Send us your contact details and we’ll connect you with one of our specialists to assist and guide you.

Open Contact Form