A global Energy supermajor streamlined its fragmented digital portfolio, tackling rising costs and lost expertise head-on. With Open iT’s harvesting capabilities, advanced reporting, and expert support, they optimized software usage, eliminated waste, and transformed cost management into a strategic advantage.
A leading Energy supermajor with over 100,000 employees and $200 billion in revenue operates a very large digital product portfolio, spanning exploration, reservoir engineering, production, and Well operations. Their specialized software suite includes industry-leading tools for subsurface modeling, well operations, geophysical interpretation, and advanced reservoir modeling, supporting end-to-end operations from subsurface analysis to production management.
The company runs its internal cloud-based infrastructure, ensuring secure and seamless access to its integrated toolset across global locations. This setup proved invaluable during the pandemic, allowing operations to continue without disruption.
The company then faced escalating software costs and inefficiencies due to a fragmented and unmonitored software portfolio. Ownership of digital applications was spread across multiple teams, and there had been no systematic review of license usage for some time.
Key challenges included:
Recognizing the need for change, the company assembled a dedicated business analytics team to modernize software asset management and optimize licensing costs.
The most efficient way to create more accountability and awareness of how IT resources are used is to implement a chargeback system.
Learn how usage monitoring in an E&P IT environment can be beneficial for many stakeholders.
Have a meaningful software usage metrics and tools to evaluate and plan appropriately prior to making new licensing decisions.
Get answers with a one-on-one walk-through.
Schedule a live demo today. We’ll show you how your business can benefit from an efficient software asset management program with Open iT usage metering tools.
Key Takeaways Fragmented licensing is a federal SAM problem because agencies often lack unified software visibility. Fragmentation can lead to duplicate purchases, poor accountability, and missed optimization opportunities. Better license management helps federal agencies consolidate insight and improve software stewardship. Fragmented licensing across federal agencies is one of the more consequential structural problems in federal
Key Takeaways Engineering software governance requires moving beyond monitoring to decision-grade insight. Decision-grade usage data supports cost, access, compliance, and productivity decisions. Strong governance turns engineering license data into actionable management intelligence. Engineering software governance is in the middle of its own maturity curve — moving from periodic monitoring into decision-grade insight the procurement, engineering,
Key Takeaways Concurrent license reporting reveals how shared license pools are actually used across users and time. Usage data can show peaks, denials, underutilization, and opportunities to rebalance license pools. Reporting helps organizations make better concurrent license purchasing and optimization decisions. Concurrent license reporting is where the optimization opportunities actually live for organizations running pooled
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