“We spend millions on subsurface software. A solution like Open iT is a no-brainer.”
Devon Energy Corporation is a leading independent oil and natural gas exploration and production company, producing around 614 million cubic feet of natural gas and 153,000 barrels of natural gas liquids per day.
Devon Energy’s Subsurface Technology Department supports 150 to 200 end users of various E&P software applications. The team’s goals are to be proactive in controlling costs and ensure that technology would facilitate, rather than impede, progress and innovation.
As the Oil and Gas Industry relies heavily on the price per barrel, tightening the belt and avoiding unnecessary IT spending have become increasingly important, especially during downswings. Achieving this requires not only having the data available, but also changing end user behavior to help IT teams in procuring better deals with vendors.
A critical business challenge for Devon Energy was to consolidate the holistic, accurate, and historical overview of technical applications usage from Flexera and non-Flexera license managers on a single portal. Devon Energy already had a solution for monitoring Flexera-based applications. However, they wanted to extend this type of analysis to non-Flexera license managers.
In addition, Devon also wanted to make sure that vendor milestones were monitored and that the goals of internal stakeholders were prioritized so that better decisions could be made on how to use the applications in a realistic way.
Jeremy Mullins, Systems Analyst at Devon Energy, commented that “For us as a team, having data in a consistent format and place, having a real-time view dashboard, and exposing that to those we are supporting are important.”
“We had multiple tools in our portfolio but we have no way of tracking. Open iT is very involved, making sure that every part of the solution worked.”
Matt Holingsworth, Senior Systems Analyst, Devon Energy
Schedule a live demo today and get answers with a one-on-one walk-through. We’ll show you how your business can benefit from an efficient software asset management program with Open iT usage metering tools.
Key Takeaways Moving engineering software like 3DEXPERIENCE SOLIDWORKS to a vendor-managed cloud removes the FlexNet-style telemetry teams normally use to diagnose a denied license checkout. A blocked cloud license can have nine different causes — only one (real capacity exhaustion)
Subscription drift is the license growth nobody signs off on until the renewal invoice does the counting. Here’s how to see it earlier. Get Open iT.
ServiceNow SAM Pro shows what’s owned and installed. Open iT adds the usage layer – features, concurrency, denials – that SAM Pro doesn’t measure.
Sign up to receive the latest news and updates.
