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.
The SLM Cost Take-Out program consists of the following three phases:
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.
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.
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.
A hospitality organization underwent a license audit by Oracle. SoftwareONE reviewed the audit and determined that most of the non-compliance claims were incorrect and helped to reduce costs to $45K and to save $1.7M on support annually.
An automotive company wanted to expand its Oracle licensing estate. To avoid unnecessary expenses, SoftwareONE’s Software Compliance Review helped to optimize its licenses and reduce the financial impact from the initial $12M to $260K.
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.