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IT Cost Savings through App Modernization for Middle East based Refinery

Client

Our client is a leading global petrochemical refinery based out of Middle East.

Business Challenges

Our client was facing issues of cash crunch due to high IT departmental expenses with a high number of non-operational & redundant applications. The challenges included:

  • More than 12% YoY increase in IT expenses with 35% expenses on IT services
  • No visibility into a significant number of non-operational applications
  • High similarity in functionalities resulting in redundant applications

LTIMindtree Solution

  • We analyzed the client’s IT expenses and benchmarked them against the Industry best practices to define target IT expenses for the client.
  • Our team of APR consultants profiled 120+ application landscapes across dimensions such as business capabilities, technology, operations, cost, etc. to identify applications for sunset and consolidation.
  • We identified 30+ opportunities for modernization and digital transformation to further drive efficiency and cost savings.
  • We addressed the organizational structure of the IT department and aligned its operations with the overall business.

Business Benefits

  • Cost savings of more than USD 500K per annum via consolidation opportunities in HCM, integration, and data services to reach the desired target expenses.
  • More than 30+ digital transformation opportunities to further drive efficiency.
  • Improved alignment of business with IT operations through the new proposed organizational structure for IT.

LTIMindtree (NSE: LTIMindtree) is a global technology consulting and digital solutions Company helping more than 475 clients succeed in a converging world. With operations in 33 countries, we go the extra mile for our clients and accelerate their digital transformation journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unrivalled real-world expertise to solve the most complex challenges of enterprises across all industries. Each day, our team of more than 40,000 LTItes enable our clients to improve the effectiveness of their business and technology operations and deliver value to their customers, employees and shareholders. Find more at http://www.LTIMindtree.com or follow us at Larsen & Toubro Infotech.

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