FlexNet Publisher is a popular software license manager from Flexera Software that supports a vast collection of software applications using a wide range of licensing models, including floating licenses, node-locked licenses, named-user licenses, subscription-based licenses, pay-per-use licenses, etc. Formerly known as FlexLM, it provides software vendors several key benefits, including support for compliance management for
IT Usage Metering Drives Cost Efficiencies and Business Process Improvements
Projektengagemang AB is one of Europe’s fastest growing engineering firms, present in more than 30 locations. They provide consulting services and solutions for a variety of companies in the fields of oil & gas, energy, construction, design and others that rely heavily on PLM and G&G applications to support their production activities.
To stay lean and competitive, Projektengagemang wants to make sure they are using their significant software investments efficiently, and to have a correct picture of actual software usage. To accurately assess the needs and spending of each of its multiple subsidiaries around the globe, Projektengagemang chose Open iT® software. Read on to see how Projektengagemang AB improved its software cost-allocation processes and effectively facilitated an accurate chargeback system with reports from Open iT LicenseAnalyzer™.
This Stockholm-based company has been in the engineering business for many years, primarily serving the areas of architecture, construction, electrical and telecommunications engineering, HVAC and sanitation systems, energy, infrastructure and project management. The IT department is responsible for delivering software solutions to its 38 subsidiaries, mainly products from Autodesk, Solidworks and other 3D/production applications.
As is true for many companies, managing software costs had been a challenge for Projektengagemang AB. It used to count the number of users of each application from each subsidiary and then summarize the gathered information. The companies would then split the cost according to the number of users per software license. This process caused some subsidiary companies that were using the application for only 3 to 4 hours a week to pay the same as a subsidiary that was using the application for as much as 8 hours a day. The need for a fair cost allocation process compelled Projektengagemang AB to look for a software metering solution that would facilitate a fair chargeback process, and accurately charge each subsidiary company based on actual application usage.
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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Anyone who deals with multi-million-dollar negotiations with software vendors knows that preparation starts long before the license agreements are set for renewal. Without the proper information on actual business requirements, companies would leave themselves vulnerable to over-purchasing or spending on unnecessary products and services. Therefore, having the right information prior to, and using it properly
Cadence® Design Systems is a leader in electronic design with more than 30 years of expertise in the computational software industry. Providing service to the most innovative companies in the world, Cadence applies its proprietary Intelligent System Design to bring forth hardware, software, and IP to realize design concepts. Among its most important products are