Silverstone race circuit has implemented a software asset management product to better control its licensing and prevent unnecessary purchases.
Silverstone, which this year will host its last Formula 1 race, said the Centennial Discovery software from supplier FrontRange Solutions will save it 20 percent of licence costs each year by avoiding unnecessary software licence purchases. The software has given it a more complete visibility of its IT assets.
The move to conduct an IT audit was prompted after Silverstone freehold owner the British Racing Drivers Club decided to make sure the Silverstone IT setup was efficient and in line with its own strategy.
The Centennial Discovery system was implemented by IT services firm Softcat, and is used to show an overview of Silverstone’s software estate, identify gaps in licensing best practice and avoid over or under licensing software.
Kevin O’Brien, IT manager at Silverstone, said it was important to bring licensing under more control. “Silverstone is a world-famous brand and if we were without adequate licence provision this would cause us great embarrassment and we could possibly be taken to task," he explained. "It’s important we are in control of our software licence position.”