Case Study: Pemex Exploracion y Produccion uses License Statistics to explore areas for savings
About Pemex Exploracion y Produccion
PEMEX Exploracion y Produccion, part of Pemex, the Mexican state-owned petroleum company, is dedicated to the exploration and production of hydrocarbons across Mexico. Company’s main activities involve oil and natural gas exploration and exploitation, conveyance, storage in terminals, as well as first hand commercialization. PEMEX Exploracion y Produccion dominates the rankings in offshore hydrocarbons production and scores very high in crude production and crude reserves.
The Business Challenge
Before discovering License Statistics, PEMEX Exploracion y Produccion didn’t use any license management solution. However, with the increase in reserves and production of hydrocarbons, the company began to recognize the need for an efficient license monitoring software with powerful reporting capabilities that would effectively measure and manage license usage and optimize software costs.
The License Statistics Solution
PEMEX Exploracion y Produccion chose License Statistics, because X-Formation’s software monitoring tool turned out to be a flexible and adaptable solution that let them measure the volume of demand for software products to optimize investment costs. Through better planning, the company was able to stay on top of its license requirements. What PEMEX Exploracion y Produccion appreciated most about License Statistics was its ability to show license usage based on how many licenses were used for how long and the percentage of utilization for these licenses.
License Statistics proved to be a reliable technology for measuring the utilization of licenses and providing effective and precise measurement that allows to make well-informed decisions regarding software spend during the entire process in PEMEX Exploracion y Produccion. In addition, License Statistics’ pay-per-use option enables them to appropriate license costs for each of their divisions based on real license usage.