Artificial Intelligence Authors: Pat Romanski, Ram Sonagara, Yeshim Deniz, Elizabeth White, Roger Strukhoff

News Feed Item

Tullow Oil Chooses FlexNet Manager for Engineering Applications for Software License Optimization

100% ROI, Cost Avoidance and Enhanced User Productivity Achieved Within First Weeks of Implementation

SCHAUMBURG, IL and MAIDENHEAD, UNITED KINGDOM -- (Marketwire) -- 11/28/12 -- Flexera Software, the leading provider of Application Usage Management solutions for application producers and enterprises, announced today that Tullow Oil plc, Africa's largest independent oil company, has selected FlexNet Manager for Engineering Applications as their Software License Optimization solution of choice. FlexNet Manager for Engineering Applications delivers the most complete and meaningful insight into application usage to efficiently manage concurrent software licenses. It is used by six of the ten largest oil and gas companies in the world. Within a matter of only a few weeks, Tullow Oil's investment in FlexNet Manager has already paid for itself in software license cost avoidance, maintenance savings and improved user productivity.

Eliminating Costly Software Overspend and Denials of Service

Core to Tullow Oil's business is its ability to discover and extract oil and natural gas from underground fields. This activity is facilitated by engineers who use sophisticated and costly geotechnical software that can cost hundreds of thousands of dollars per license. Like many engineering applications, these run on a concurrent licensing model, which means that if all the licenses are in use and someone else tries to launch the application, they'll be denied use. According to Tim Burke, Head of Global IS Operations at Tullow Oil, this was happening too frequently -- and it was causing expensive problems: "Our engineers are very important to Tullow's business and their downtime is costly. Denials of service cost the business money and slow down our ability to find, appraise and produce hydrocarbons."

But because Tullow Oil had limited visibility into their software license estate to analyze use, the company had limited means to assess how many licenses were actually needed -- and whether denials of service were due to lack of sufficient licenses or something else. As a result, with significant pressure to minimize denials of service, Burke's team could only be reactive, which often meant purchasing costly additional licenses that, in retrospect, often were not always needed. "Line managers would come to us and say, 'We need a new license.' Without the historical data to show actual usage trends, we'd have no way of knowing whether the need was legitimate -- so we'd buy the license to prevent downtime."

Burke knew the situation wasn't sustainable, especially given Tullow Oil's rapid growth -- the company has been doubling in size every three years. He started searching for a solution, and quickly realized that FlexNet Manager for Engineering Applications was the right choice. "I'd worked with Flexera Software previously, and understood the power of their tools for managing licenses across the entire software estate and providing intelligent reporting." Moreover, FlexNet Manager for Engineering Applications was already used by many of the top oil and gas companies in the world. Wanting a best-in-class tool, they moved quickly to purchase the system, and were up and running in only a couple weeks, including integration with Tullow Oil's other geotechnical systems.

100% ROI within weeks

Within only a few weeks of being implemented, FlexNet Manager for Engineering Applications' value was tested. A line manager approached someone on Burke's team asking for an additional license for an important geo-technical application, which cost around $200,000. An analysis of that application using FlexNet Manager for Engineering Applications revealed that utilization was actually only at 60%, but that some engineers were logging in and not logging out, resulting in the denials of service. "Having this information allowed us to have a conversation with our engineers about best practices to avoid these denials of service," explained Burke. "As a result, we changed bad habits and secured an agreement to change behavior, created more capacity for the licenses, and avoided having to purchase more."

In another denial of service situation shortly thereafter, using FlexNet Manager for Engineering Applications Burke's team discovered that the problem arose from consultants using the system, who were only working for the company temporarily. "We were able to manage the peak and rent a license for the time the consultants were in -- again being able to avoid purchasing a costly license and maintenance."

Right out of the gate, FlexNet Manager for Engineering Applications was field-tested, and delivered on its promised benefits. "Within a few weeks our investment had paid for itself by allowing us to avoid new purchases and drive better behavior amongst the user community," said Burke. "The ROI is high."

Increased User Satisfaction

Perhaps an unexpected benefit from implementing FlexNet Manager for Engineering Applications was the credibility it provided the IS team in the eyes of the engineers. With data in hand, Burke's team is now able to have a conversation with line managers about why denials of service are happening, and discuss very easy steps users can take to avoid them. "Having the data gives you the confidence to have the business conversation with the line manager, because you can show you know exactly what's going on," said Burke.

In fact, Burke was recently forwarded an email from an engineer to a line manager, in which Burke's team was complimented for their excellent work and the noticeable improvements in software availability. "They're impressed that we have the information and are in control of software license management," said Burke.


FlexNet Manager for Engineering Applications is part of the FlexNet Manager Suite for Enterprises, which includes the following components:

Learn more:

Follow Flexera Software...

About Flexera Software

Flexera Software is the leading provider of strategic solutions for Application Usage Management; solutions delivering continuous compliance, optimized usage and maximized value to application producers and their customers. Flexera Software is trusted by more than 80,000 customers that depend on our comprehensive solutions -- from installation and licensing, entitlement and compliance management to application readiness and software license optimization -- to strategically manage application usage and achieve breakthrough results realized only through the systems-level approach we provide. For more information, please go to: www.flexerasoftware.com.

Copyright © 2012 Flexera Software LLC. All other brand and product names mentioned herein may be the trademarks and registered trademarks of their respective owners.

Add to Digg Bookmark with del.icio.us Add to Newsvine

For more information, contact:
John Lipsey
+1 (224) 465-9139
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
The IoT Will Grow: In what might be the most obvious prediction of the decade, the IoT will continue to expand next year, with more and more devices coming online every single day. What isn’t so obvious about this prediction: where that growth will occur. The retail, healthcare, and industrial/supply chain industries will likely see the greatest growth. Forrester Research has predicted the IoT will become “the backbone” of customer value as it continues to grow. It is no surprise that retail is ...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
DXWorldEXPO LLC announced today that "Miami Blockchain Event by FinTechEXPO" has announced that its Call for Papers is now open. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expe...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER give you detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPO also offers s...
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.