Financial Services Brokerage Company
Situation:
Background
This Financial Services firm was in an Oracle Unlimited License Agreement, which was expiring. They had renewed their ULA three times prior and their Oracle costs continued to skyrocket.
Solution Provided
Oracle ULA Management Services
Primary objective
Help the client determine whether they should renew or certify their ULA and put them on a path to contain and reduce their growing Oracle costs.
Solution Highlights
-
Completed analysis of client’s Oracle deployments and reconciled against Oracle ULA entitlements.
-
Identified critical areas of risk and financial exposure.
-
Identified areas of saving and added value.
-
Provided detailed analytics from a technical and financial perspective regarding’s client’s ULA Options.
-
Guided Executive Management on optimal licensing strategy that would get the most value out of the ULA for client.
Results
Multi-Year Oracle licensing & support strategy that resulted in:
-
Cost Avoidance: $10,500,000 USD over three years.
-
2nd Year Support Savings of $3,500,000 USD