Case Study: a Fortune 500 manufacturing company achieves 20% licensing cost savings with Crayon

Crayon Saved Manufacturing Company 20% in Licensing Costs During Merger and Acquisition

A Fortune 500 manufacturing company faced significant challenges in managing and aligning the disparate software licensing contracts of two entities during a merger. They engaged Crayon for its agreement optimization service to gain insight into their complex IT estate and to find a cost-effective path forward for the newly formed company.

Crayon’s team conducted a full analysis of both companies' software deployments and purchasing histories. They provided a detailed roadmap and several optimized renewal scenarios, which saved the customer 20% in licensing costs, equating to approximately $6 million over three years, while also providing a clearer overview of their entire software estate.