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Software License Management

 

Why Software License Management?

The need for effective software license management usually originates from one of the following business problems:

  1. Uncertainty about the the benefit of new licensing models
  2. Lack of knowledge about what software you have in your organization
  3. Concerns about compliance with vendor licensing agreements
  4. High software expenses and a desire to reduce software spend

 

OpenLM’s Software Licensing Tools

OpenLM is a software licensing tool that is meant for organizations that use engineering software, particularly engineering software that is licensed under a concurrent licensing model.

Regarding license inventory, OpenLM does the accounting for you automatically and lets you know exactly what you have paid for – vendor, product and features – including the features you’ve bought but never used. OpenLM Software license management will give you the opportunity to cancel software license feature renewals that no-one needs.

OpenLM empowers the user organization to implement software metering by which engineering application usage can be monitored, audited and reported. You can reach higher efficiency and maximize usage of your software licenses while reducing instances of denial of service when your engineers cannot check out a license. See also software licensing tools.

License Managers – What About Them?

A common mistake made by people responsible for the administration of software licenses is in believing that the license manager software provided by the vendor ensures optimal use of the software. The main purpose of such software management software is to prevent concurrent use of the software beyond what the licensing agreement has defined.

 

For more information about software license management and OpenLM’s license management tools, contact us.