Software Licensing Tools by OpenLM
Software Licensing Tools for the User Organization
OpenLM is a software licensing tool for organizations that use engineering software. It provides the organization that uses the software with capabilities that can lower software licensing spend, identify licenses that are paid for but not in use and help the organization achieve efficient license usage ratios for concurrent (floating) licenses. OpenLM Core provides license inventory management, usage monitoring, denials reporting and auditing capabilities so you can perform internal auditing and control on your own inventory. Below we list the main functionality provided by our software licensing software.
Software Inventory Management Tool
OpenLM analyzes your license files and provides you with all the information you need to know about the packages you have purchased including vendor, product and features together with the renewal dates for each of they are not permanent licenses. You can set up alerts to let you know well in advance of any pending renewals and you can know the usage levels for every item in your software inventory.
The Software License Usage Tool
The OpenLM tool for software license usage shows you how many licenses are in use at any one time – in real time – and retains this information for historical data reporting. The license usage tool also shows you the number of denials received when your users request a license and it isn’t available.This is also known as software metering.
Optimizing Concurrent Licenses
Beyond license inventory and engineering application usage, OpenLM is a tool for optimizing your licenses. The utilization report will tell you how many licenses you need for the quality of service (non-denials) you choose.