Background
An Australian bank, with heavy Java usage for in-house and third-party developed systems, faced a significant cost impact due to the new Java licensing metric. They were facing a $5 million annual subscription and enlisted Redress Compliance’s expertise to help optimize their Java licensing.
Challenge
The bank faced a potential Java licensing cost of $5 million annually. They needed a comprehensive strategy to mitigate this cost and optimize their Java licensing.
Solution
Redress Compliance was enlisted to provide a strategic solution:
- Java Licensing Assessment: Redress conducted a complete Java licensing assessment to understand the Java deployments across the bank.
- Java Licensing Training: Redress delivered Java licensing training to educate the bank’s IT staff in Java licensing to help them optimize their Java usage.
- Licensing Optimization Strategy: Redress created a licensing optimization strategy based on the bank’s specific needs and usage patterns.
- Optimization Implementation: The optimization strategy involved upgrading to more cost-effective versions of Java, consolidating deployments, and optimizing the use of Java across the bank.
Outcome
The bank reduced its potential $5 million annual Java licensing cost to $700k annually, saving $4.3 million annually. Over three years, this resulted in a total saving of $12.9 million.
Quote from the IT Vendor Management
“The strategic insights and deep expertise of Redress Compliance have been instrumental in our Java licensing optimization process. Their comprehensive approach, from the initial assessment to the final implementation, was key in navigating the complexities of Java licensing. They helped us understand our Java usage better and guided us in making an informed decision that resulted in significant cost savings..”
Conclusion
This case study illustrates Redress Compliance’s ability to provide comprehensive Java licensing solutions. By understanding each client’s unique needs and challenges, Redress Compliance can deliver strategies that ensure optimal usage and result in significant cost savings.