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Software License Audit and Cost Savings
12/11/20241 min read
Software License Audit and Cost Savings
Client: "National Education Group," a large organization comprising multiple universities and colleges.
Challenge: National Education Group struggled with managing its complex software licensing agreements across its distributed network of institutions. This resulted in:
Overspending on software licenses due to a lack of centralized management and visibility.
Compliance risks associated with unauthorized software installations and usage.
Difficulty in tracking software usage and optimizing license allocation.
Inconsistent software deployment and management practices across different institutions.
Lack of accurate data for software budgeting and procurement.
Solution:
We performed a comprehensive software license audit across all institutions within National Education Group. This involved:
Using automated discovery tools to inventory all software installations.
Reconciling software installations with license entitlements for each vendor (Microsoft, Adobe, etc.).
Identifying areas of over-licensing, under-licensing, and unused software.
Analyzing software usage patterns to identify opportunities for license optimization.
Based on the audit findings, we provided recommendations for:
License reclamation (removing unused software and reallocating licenses).
License optimization (switching to more cost-effective licensing models).
Centralized license management (implementing tools and processes for tracking and managing licenses).
Software standardization (reducing the number of software versions and applications).
Results:
Significant Cost Savings: National Education Group achieved $800,000 in cost savings within the first year through license reclamation and optimization.
Improved License Compliance: The audit ensured that the organization is fully compliant with software licensing agreements, mitigating the risk of costly audits and penalties.
Centralized License Management: Implementing a centralized license management system improved visibility and control over software assets, enabling better budgeting and procurement.
Standardized Software Environment: Software standardization reduced IT complexity and support costs, and improved software compatibility.
Data-Driven Decision Making: Accurate software inventory and usage data now enable National Education Group to make informed decisions about software investments and renewals.
Elrond Consulting
Expert IT solutions for your business transformation needs.
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