Oracle License Cost Optimisation - Frequently Asked Questions
We answer our customers' FAQs on Oracle License Cost Optimisation strategies.
Finding opportunities to reduce cost and avoid unbudgeted spend within your Oracle license estate can be tricky. There are many ways to optimise your ongoing Oracle license costs, when you know where to look and what to do. From Version 1’s experience, we would consider that the following FAQs about Oracle license cost optimisation opportunities illustrate the most common areas where cost reduction or avoidance methods could be deployed.
FAQs about Oracle License Cost Optimisation
There are potentially many ways in which you can save money, optimise ongoing spend, and avoid unbudgeted cost within your Oracle license estate. This depends very much on the types of software contracts you have in place, your technology platforms, how you are managing your license estate and whether you have any business transformation projects or M&A activities planned.
Given any of these circumstances, our license experts can identify areas of potential cost-saving and/or cost avoidance and illustrate how we can help with further analysis.
This is a goal that is possible to achieve but it is not as simple as reducing maintenance payments. The solution requires an understanding of the types of software contracts you have in place, your technology platforms, how you are managing your license estate and whether you have any business transformation projects or M&A activities planned.
Without careful planning and consideration, it is possible to cause compliance issues for yourself. Our license experts can assess and advise on strategies to retire licenses and/or reduce the number of licenses under support as appropriate.
There are a number of procurement frameworks that have negotiated special terms and concessions with Oracle. Depending on your eligibility for these programmes we can advise you on the implications and best use of purchasing frameworks with Oracle.
The simple answer here is no, in fact, depending on which cloud platform you move to, it may well increase your license liability creating a compliance problem for you. Careful selection of your public cloud provider should be a process that includes an assessment of your Oracle technology needs and the licensing entitlements you currently hold.
It may be possible to restructure your architecture in the cloud to make sure you do not exceed your entitlements or to open up optimisation opportunities. Our license experts can assess and advise on suitable public cloud platforms and how each one affects your licensing needs.
Avoiding unbudgeted spend is a key target for any license management activity. As an organisation concerned about license compliance and unbudgeted spend you should be assessing your current SAM capabilities and the current management methods in place for your Oracle license estate.
Our Oracle license experts can advise on the maturity of your current approach, help you understand your current position and design a future solution based upon industry best practices for Oracle license management.
Our Oracle license experts have a deep understanding of Oracle license contracts and pricing. Depending on your circumstances and future business plans, we can support your procurement exercise with advice around negotiations strategies and/or validate any proposals presented to you by the vendor.
We are not motivated by license revenue however can guide you with buying the right product at the right price at the right time.
Our Oracle license experts have supported numerous large enterprises before, during and after an Oracle audit. They can review and assess your audit data to judge its accuracy and validity, and make an assessment as to whether the license remediation proposal is accurate.
No. It is our judgement that no single tool can manage your Oracle license estate accurately and that leaving this responsibility to a tool alone, could create a compliance concern. The majority of tools on the market focus specifically on the Oracle Database and provide no coverage for the 3000+ other products offered by Oracle.
Whilst, tools can automate large aspects of the data collection, collation and validation process reducing both the time and effort required to determine usage on large Oracle estates this approach will still require multiple steps (depending on the tool in use) and manual oversight. Any use of a tool must be approached with caution and will still require an Oracle license expert to validate that the right information is being collected and how to interpret what the tool is telling you.
12 Cost Optimisation Strategies for Enterprise Licensing
Are you about to embark on an infrastructure project, or actively looking for ways to reduce cost within your software asset environment? Read our whitepaper to learn more about the common business scenarios and projects that can impact enterprise licensing, our high-level mitigation approaches and ultimately the benefits of software asset management to ensure cost optimisation.View Whitepaper
Why Version 1?
We will always put the customer first. We are technology agnostic, providing a modular plug & play approach to each set of unique customer requirements. We enable clients to make better, more informed decisions on their software estate; understand the options and make the right decision for you. Our priority is to give the best advice, not just to secure licensing revenue.
Reduce Cost & Risk
- Tools Agnostic
Market Leading Expertise
- Breadth & Scale
- Technical Background
- Ongoing Staff Education
82% financial risk reduction
Our optimisation expertise helps to deliver financial risk reduction of over 82% on average during audit scenarios.
£17m to £100k
When engaged our customer was facing a bill of £17m, but through our help this amount became £100k
£5.8m identified non compliance risks
During a typical review, we find non-compliance risks of over £5.8m
Market Leading Services
Licence Audit Consulting
SAM Managed Services
News & Insights
Blog: October 7, 2021
Gartner published a press release in November 2020 that stated, “The COVID-19 pandemic forced organizations to quickly focus on three priorities: preserve cash and optimize IT costs, support and secure...
Digital Guides, Downloadable Content, Whitepaper: October 7, 2021
As experts in enterprise license optimisation, we encounter organisations that are moving to or have moved to the cloud, and have overlooked or misunderstood the full impact of cloud adoption on their...