Case Study: a world’s leading oilfield service provider achieves nearly $3 million in cloud savings with Tangoe

Oilfield Services Giant Mines Nearly $3 Million Dollars in Cloud Savings

A major oilfield service provider faced challenges managing its multi-cloud and infrastructure as a service (IaaS) environment. The IT finance team struggled with complex billing, internal cost allocation across ever-changing departments, and a lack of clarity for making informed buying decisions. They engaged Tangoe for its expertise and the positive results it delivered in other business areas to gain control over their total cloud spend.

Tangoe implemented its cloud application and advisory services (TAS) to automate workflows, integrate with financial systems, and provide detailed, consolidated reporting. This solution replaced manual processes, normalized data, and enabled accurate daily cost allocation. As a result, Tangoe helped the customer achieve nearly $3 million in savings through cloud optimization and IT cost recovery, while also recouping 180 hours of productivity annually for the IT department.