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Optimised Licensing Position (OLP)

Continually evolving end user and customer demands are driving exponential growth in software and cloud adoption, however according to industry reports, over 33% of spend is now being wasted.

With vendors offering an ever larger range of contract, licensing, and pricing options, it is easy to see why complexity and spend are spiralling.  You need to be prepared for unexpected vendor audits, major contract renewals, and regular licensing true-ups. It has never been more important to understand your current licensing position, ensuring you are keeping your estate and costs optimised, and have the advantage in negotiations with vendors and service providers.

Benefits

Save and avoid significant cost

Mitigate business and compliance risk

Prepared for renewals & negotiation

Improved Vendor Management

Improved ITAM maturity

Are you overpaying for your software licensing?

Are you overpaying for your software licensing?

First, our expert team will meet with key stakeholders in your team to define the scope and desired outcomes for the service. Our analysts will then review your current contracts, entitlements, inventory, and usage for a defined number of vendors to produce Effective License Positions (ELPs) highlighting any financial risks that need to be mitigated and cost savings opportunities that may exist.

In our report and executive presentation we also include a set of additional optimisation recommendations and a prioritised action plan. Optimised Licence Positions (OLPs) can be created in-line with contract renewals to allow maximum benefit to any recommended cost opportunities, or provided on a regular basis to ensure continued compliance and optimisation.

service deliverables

Comprehensive analysis of current position, including contracts, entitlement, inventory, and usage

Definition of current licensing position(s) highlighting major risks

Optimisation recommendations for defined vendors and /or products

Alignment of OLP timeline with major contract renewal schedule

Analysis of defined software vendors and products (e.g. IBM, Oracle, Microsoft, Broadcom/VMware, and more)

Report & executive presentation summarises vendor specific risks, opportunities, and prioritised plan of action

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Our team of ITAM experts have many years of experience and are certified in both ITAM and FinOps; we help to promote best practice and are active members of the FinOps Foundation and ITAM Forum. We empower clients to discover, optimise, & manage their software & cloud investments through our multi award-winning services and have helped our clients to save or avoid over £1bn in costs to date.

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