Salt River Project Identifies US$500,000 in Cost Reduction Opportunities Through Unified IT Portfolio Management

Posted by Melissa Centurio Lopes on Oracle Blogs See other posts from Oracle Blogs or by Melissa Centurio Lopes
Published on Mon, 29 Oct 2012 15:11:31 +0000 Indexed on 2012/10/29 17:13 UTC
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Salt River Project (SRP) includes two entities serving the Phoenix area: the Salt River Project Agricultural Improvement and Power District and the Salt River Valley Water Users’ Association. The SRP district operates various power plants and generating stations to provide electricity to nearly 956,000 retail customers. The SRP association maintains an extensive system of reservoirs, wells, and irrigation laterals to deliver nearly 1 million acre-feet of water annually.

Salt River Project implemented Oracle’s Primavera Portfolio Management to unify management of its extensive IT portfolio, including essential utility systems, like work and asset management, as well as programming frameworks and development tools. With the system, SRP discovered almost US$500,000 in cost-reduction opportunities by identifying redundant or low use software, including 150 applications that are close to being unsupported. The company retired 10 applications in the last year and upgraded 34 systems. SRP also identified preferred technologies and ensured that more than 90% of applications are based on standard technologies—reducing procurement costs, simplifying maintenance support, and lowering total cost of ownership.

Solutions:

  • Provided approximately 70 users in the IT support group with detailed insight into the product lifecycle of each piece of IT infrastructure and software in the entire portfolio
  • Discovered almost US$500,000 in cost reduction opportunities by identifying redundant or low use software that could be eliminated or migrated to alternative solutions
  • Identified approximately 150 applications that are close to being unsupported and prioritized them to begin modernization

Click here to view more Oracle Primavera Portfolio Management solutions for SRP.

Why Oracle

Salt River Project chose Oracle’s Primavera Portfolio Management after evaluating it against four other solutions.

“Oracle’s Primavera Portfolio Management offered the most functionality to support our diverse needs,” said Eileen Ahles, IT portfolio manager, Salt River Project.

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