OpenLM, a Gartner Software Asset Management Market Guide, Sep 2021 approved vendor is redefining the engineering and specialty software licensing landscape.
— Steven Bryant, IT Operations Manager, Autoneum
TEL AVIV, ISRAEL, July 30, 2022 /EINPresswire.com/ — Software usage has become an integral part of today’s growing IT infrastructure. With this growth, the purchase of software licenses has reached a new peak.
Speaking of the growing need for software, companies end up buying too many software licenses or simply buying too much. This undoubtedly digs an additional hole in any organization’s annual IT budget. OpenLM – the Israel-based software licensing company, has a fast and very efficient solution for this called ‘License Harvesting’.
When software is licensed using a network license (competitor) or token licenses, it presents a huge opportunity for organizations to optimize their use of the expensive licenses. In some cases, OpenLM customers were able to quadruple their license usage.
License Harvesting is a complex functionality that requires many factors to be considered, as in most cases the engineering time is more expensive than the cost of the software. Keeping this in mind, the license harvesting functionality should not interfere with the engineer’s work. When harvesting a license, the software must ensure that the project is stored securely and that the user can restore the project if necessary.
OpenLM uses machine learning algorithms to optimize harvesting functionality and ensure engineers can access the software when needed. OpenLM takes into account several factors: license usage, activity, license availability, assignment rules, and usage patterns over time.
OpenLM mainly offers four license harvesting techniques: Save & Close, Suspend & Resume, Manual, and Custom.
Under the save & close method, a technical parameter is set for the OpenLM tool to identify inactive applications based on the requirements of users or organizations. The OpenLM license monitoring tool then saves the user’s work on their workstations and closes all inactive applications to release the licenses back to the license pool.
This is a fully automated process and can be configured for applications such as ArcGIS and ArcGIS Pro, AutoCAD (all functions that use the acad.exe process), SOLIDWORKS, MATLAB, Catia, Petra, Harmony, Kingdom, etc.
The pause and resume method is very similar to the one above. Here, the inactive applications are first suspended, then the license is released and returned to the pool. The suspended application remains frozen until the license is reclaimed by the application itself when the user tries to resume the suspended session.
In the manual way, the license manager identifies all inactive software in the EasyAdmin user interface. The inactive licenses are then released manually by pressing a button. This operation can be performed both remotely and globally depending on the requirement.
The custom license collection method is general purpose license retrieval for licenses managed by any type of license server. OpenLM facilitates this method of license acquisition by providing a script-based, flexible, configurable mechanism.
As the software industry is booming, OpenLM is fully looking at how to optimize the use of different licenses across multiple verticals. And with this ‘License Harvesting’, OpenLM has clearly signaled a paradigm shift in the engineering and specialized software license management industry by ensuring at least 25% gains in license utilization across all industries and business verticals.
OpenLM (www.openlm.com) is one of the world’s leading engineering and specialty suppliers
software license management solutions (source: Gartner Sep 2021 Software Asset Management Market Guide, 2021). It offers software license management solutions both on-premise (product name: OpenLM Software License Management; old name: OpenLM for Engineering Licensing) and on-cloud (product name: Software License Management Cloud; old name: OpenLM Cloud). OpenLM’s customers have been using the cloud offering since 2018. OpenLM, founded in 2007, today has more than 1000 global customers. Nearly 10% of these customers belong to the ‘Fortune 1000’ club and 400 of them are from the US.
OpenLM currently operates in Israel, USA, Europe, Japan, France, Moldova, India, Germany, Austria and emerging countries such as Australia, Malaysia, China, Thailand, LATAM and others. OpenLM has partnerships with traditional software asset management players such as ServiceNow and LicenseExpertConsultants.
Serving in more than 15 industries – Aerospace, Automotive, Engineering Services,
Defense, Industrial Manufacturing, Healthcare, Semiconductors, Energy, Energy &
Utility, Gaming, Government, Telecommunications, Mining, Electronics,
Construction and more, OpenLM has an NPS (Net Promoter Score) of 4.6. (Source: OpenLM customer satisfaction survey).
OpenLM Cloud monitors, optimizes, and manages engineering, specialty software licensing, and web-based SaaS applications such as Workday, Salesforce, Office 365, Autodesk, Slack, Postman, etc. OpenLM monitors web-based applications using OpenLM Workstation Agent deployment on a workstation user or standalone node or OpenLM Browser Extension. So improve license usage/availability and reduce license costs. OpenLM provides multiple pre-built API integrations, such as AutoCAD plugin, etc.
One global platform to manage licenses
An enhanced end-user experience at minimal cost
Visibility of the organization’s software assets
Insights to drive data-driven decisions
Role-based consent system
Integration with other systems (e.g. ServiceNow)
Federated SSO support
Monitoring SaaS or web-based applications
You can check out OpenLM’s new pricing model here: https://www.openlm.com/pricing/.
All business inquiries can be made through the ‘Contact Us’ page: https://www.openlm.com/contact-us/. Their contact numbers: Israel – +972 4 6308447, USA – +1 619 831 0029, Japan – +81 505 893 6263, India: +91 98311 72694
Case studies: https://www.openlm.com/openlm_case_studies/
Customer testimonials: https://www.openlm.com/project/customer-testimonials/
Customer reviews in Capterra: https://www.capterra.com/p/119292/OpenLM/
Supported and verified license managers here: https://www.openlm.com/license-manager-capabilities/
Watch OpenLM’s brand video: https://www.youtube.com/watch?v=g2Vh83IXa5g
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