License Management Services (LMS) is a global team of experts chartered to work closely with Customers and Partners to help in understanding and adhering to Oracle's IT Asset policies, licensing policies and business practices.
THE IMPORTANCE OF MANAGING YOUR ORACLE INVESTMENT
In today's ever changing and evolving IT and regulatory climates, IT asset management and licensing strategies have become a focus for many organizations. Developing adequate processes for managing IT Assets acquired and deployed is an important part of sound IT asset management practices.
Furthermore, changes to corporate structures (such as following a merger or acquisition), business functions, and infrastructure technologies will often significantly impact IT asset management, software licensing structures and contractual entitlements.
IT is both a valuable asset and a significant investment. Failure to effectively manage IT assets can lead to significant risk exposure, including:
Financial Risk: lack of budget control and planning, including unbudgeted compliance liabilities and/or overspending.
Operational Risk: lack of control over IT asset allocation and availability.
Legal Risk: breach of contractual entitlements, software license agreements and corporate governance legislation.
HOW CAN ORACLE'S LICENSE MANAGEMENT SERVICES HELP?
The License Management Services (LMS) organization at Oracle has been established to assist our Customers and Partners in managing this risk exposure. LMS assists Customers and Partners in addressing these issues with a range of service offerings.
Our services are designed to address different needs in the Oracle marketplace. Today LMS is able to share its expertise through these service offerings:
Managed Services: this service is most suitable for enterprise businesses that want to implement sound and proven practices for effective IT asset management.
Advisory Services: this service is targeted at providing specialist advice on specific scenarios such as the impact on licensing when implementing new technologies and infrastructure.
Compliance Review Services: this service provides a detailed evaluation of the current Oracle asset position and offers an analysis of Oracle entitlements, deployment and utilization. It provides guidance on the most appropriate IT Asset management solution for Customers and Partners.
Deliverables of these services include:
Providing assessment of current and future IT asset management needs
Advice on how internal controls comply with Oracle practices
Advice on the use of Oracle methods and tools
Validation of roles and responsibilities
Reconciliation of contractual entitlement with deployment
Education of Oracle IT asset policies and business practices
Advice on suitability of asset management and licensing structures in meeting and optimizing the Customer's or Partner's business and system environments
ENGAGING WITH LMS
By engaging with LMS, we work together in order to:
Obtain a detailed understanding of your Oracle environment and investment
Implement asset management best practices
Identify spare capacity and optimize the use of your Oracle investment
Quantify and resolve the financial risk of non-compliance
Ensure informed decision-making regarding future IT developments
Provide for accurate budgeting and reporting
All of LMS service offerings are based on our fundamental goal to provide Customers and Partners with the most up to date knowledge, best practices and tools to maximize their IT investment in Oracle.