Oil & Gas companies in Latin America are under growing pressure to improve efficiency while keeping technology costs under control. Specialized engineering and geoscience applications, vital for exploration and production, often carry high licensing costs. Without visibility into actual usage, many organizations risk overspending, under-utilizing assets, and missing opportunities to optimize resources.
Against this backdrop, Mexico Business News is organizing the Mexico Oil & Gas Summit 2025, one of the region’s leading industry forums where executives and technology leaders examine innovations that strengthen competitiveness across the energy value chain.
Open iT, a global pioneer in software license management and optimization, will attend the summit. Representing the company’s LATAM team, Emiliano Martinez, Marco Villacorta, and Luis Guzman will be present at the event, which takes place September 23–24 in Mexico City.
Recently, Mexico Business News sat down with Open iT’s Noemi Alin Morales Meneses and Alfonso Villanueva to discuss how energy companies in Latin America can reduce costs and improve efficiency through smarter software license management.
“Many times, companies assume they need 50 licenses for 50 employees.” Noemi explained. “In reality, not all of these are necessary, since usage is uneven or employees are in different time zones and can be managed more efficiently.”
Open iT’s flagship solution, LicenseAnalyzer, gives organizations real-time visibility into license consumption across projects, departments, and timeframes. This allows companies to identify idle or hoarded licenses and automatically reallocate them to users in need, ensuring better access while reducing unnecessary purchases. Oil & Gas operators using Open iT solutions have achieved savings of up to 39% on license spending, with some projects realizing a return on investment within six months.
Beyond cost control, Open iT enables smarter long-term planning through forecasting and predictive analytics. By leveraging historical usage data, companies can anticipate demand trends, align procurement with project timelines, and negotiate more favorable contracts.
“We can project future needs, such as when a company knows it will hire 50 new people. Feeding this into a machine learning model provides a forecast whether more licenses are needed in three months or not at all,” Alfonso pointed out. “The more data we have, the better the projections.”
What distinguishes Open iT is its combination of advanced technology and ongoing partnership. Unlike vendor dashboards or static audits, Open iT supports clients throughout the lifecycle of software management, covering renewals, support for vendor negotiations, and continuous monitoring. The company also provides localized support in Spanish and Portuguese, ensuring effective communication and understanding of regional requirements.
Looking ahead, Noemi and Alfonso pointed to the accelerating shift toward cloud-based licensing models as a defining trend. Hybrid environments, where on-premise and cloud systems coexist, introduce new layers of complexity. Open iT offers solutions that provide unified visibility across both models, helping customers maintain control and adaptability as licensing structures evolve.
By enabling organizations to measure, analyze, and optimize their software usage, Open iT empowers Oil & Gas companies in Latin America to reduce costs, increase operational efficiency, and prepare for a more digital and sustainable future.
Connect with Open iT and explore how our solutions help Oil & Gas companies in Latin America maximize the value of their software investments.