The solution
COBIS raised their concerns about IBM contract risks in a regular meeting with their SoftwareOne account manager. That resulted in an engagement with SoftwareOne IBM Advisory Services to review their contract risks and assess challenges across their environments and infrastructure. At the outset, COBIS estimated a worst-case financial risk in the millions and with SoftwareOne assistance reduced that risk by 97.5% to thousands.
The Advisory Services review began by using the ILMT to evaluate software licenses used by developers and func-tions within COBIS. That was followed by assessments of individual customer installations, starting with one of their largest customers located in Colombia. “We knew they were not meeting all brand standards, and it was necessary to carry out an immediate risk review,” said Casa. “However, unlike our own facilities in Ecuador, permissions, and coor-dination with the client added complications that extended implementation and revision times. Even so, COBIS and SoftwareOne professionally overcame obstacles together, and recovered the pace of the project.”
A
s a financial technology company, COBIS has invested heavily in a flexible technology infrastructure that provided project advantages. Now, tools and processes are in place to more easily understand what is installed, how it is linked to licensing contracts, and how each software asset is being used.
When complete, the project is expected to reduce mone-tary risk to COBIS and their customers by 97.5% or roughly 2.5% of the estimated risk at the project’s start.
