A token-based license is one of the types of software licenses under a pay-per-use model. It is categorized under network licenses and can be shared among a large number of users over a specific period. Customers purchase a pool of tokens to pay for the usage of a certain product. Token pools come in two
Global Producer of Major Commodities used Open iT to reduce cost of Critical Application Assets and support a Major Software Conversion
In 2006, when the company first purchased Open iT, the IT team was mostly concerned with ensuring key users of technical applications had access to the software they need. Users were being denied access during peak times in the business lifecycle and asking for additional licenses but there was little information on how many were available and who was using them.
When Open iT LicenseAnalyzer alone was in place, the Technical Computing support team used it to document whether new licenses were actually needed and to negotiate licensing agreements that fit the business need. When the company sought greater cost savings in 2015, one area of focus was to reduce the cost of software assets. Not only senior management and the IT department cared about managing cost – the user community was also motivated to look for cost savings if it would not impact the result of their work.Managing a Critical Software Conversion with Open iT Data
The science team was interested in switching software products from the same vendor. This required engagement from the users to gain buy-in, lead the change and assist in the significant work to redesign workflows, train users on the new tool and monitor uptake.
Open iT usage reports provided the data to identify who the power users in each region are. These individuals then helped with evaluation and conversion while Open iT monitored the uptake of the new software alongside the decline in use of the old one.
Cost Allocation and IT Chargeback
The most efficient way to create more accountability and awareness of how IT resources are used is to implement a chargeback system.
Software Usage Monitoring and Optimization
Learn how usage monitoring in an E&P IT environment can be beneficial for many stakeholders.
Rising Use of Subscription and Pay-per-Use Software Licensing Models
Have a meaningful software usage metrics and tools to evaluate and plan appropriately prior to making new licensing decisions.
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Technological advancements, such as software solutions, give businesses the potential to maximize their profits by making work easier and more efficient. Through various software applications, companies can double productivity in less time. However, with the increasing number of software resources also comes the mounting complexity of managing IT resources, which can become excessively expensive. Hence,
For over 30 years, Materialise has been leading the way for 3D printing solutions in the associated software necessary in the data preparation, build, design optimization, and control of 3D printers, as well as in manufacturing. Their software solutions — which include Materialise Magics, 3-matic, and Inspector — set the industry standards. Consequently, many users