Are you seeing more requests for software audits? Due to the COVID-19 pandemic, companies are rightsizing and focusing on gaining control of their engineering software environment to remain compliant. Software vendors are faced with renewals with lower license counts and addressing revenue streams that focus on license compliance. It might seem like the enterprise ITContinue reading “Are You Ready for an Increase in Engineering Software Audits?”
Category Archives: License Management
Being Proactive vs. Reactive in Engineering License Management
Address Key Engineering Software Asset Management Pain Points There have been some conversations in the news this week about key pain points in engineering Software Asset Management (SAM). What are the biggest challenges your organization has? (See article in CIO Applications). The benefits of an effective engineering SAM system include Clear license position. Being audit-readyContinue reading “Being Proactive vs. Reactive in Engineering License Management”
Make Cost Management of Engineering Licenses Simple
Are you investing in your engineering software wisely? Maximizing your engineering software assets can help you: Eliminate redundancies Consolidate licenses Navigate licensing agreements Stay on top of contract renewals Better software negotiation Improve resource utilization Questions to Consider: What engineering software assets do you own? What’s being used? What’s expired or out of compliance? What’sContinue reading “Make Cost Management of Engineering Licenses Simple”
Ways to Use Active (LAMUM) & Inactive (LAM) Metrics
Managing engineering licenses? Did you know that there are different licenses and 2 types of metrics you can monitor: Active Metrics – Floating / network licenses (LAMUM) Inactive Metrics – Node-locked and Named-users (LAM) With these licenses, engineering license monitoring and management can help your organization in a number of ways including: Find Cost SavingsContinue reading “Ways to Use Active (LAMUM) & Inactive (LAM) Metrics”
Engineering Software Management: Cross-Functional & Cross-Industry Solutions
Over the years, we are proud to have built a comprehensive engineering management solution that addresses many job functions and industries. Ask us how you can save on your engineering software spend.
Engineering Software License Optimizaton: In-House Solution or Trust an Expert?
Do you have the tools needed to optimize your engineering software applications? Many companies may be running their own scripts. Read our whitepaper on this topic – License Asset Manager vs. Do It Yourself / Home-Grown Solutions for License Monitoring. Considering writing your own scripts and think you will save company resources? Remember that thereContinue reading “Engineering Software License Optimizaton: In-House Solution or Trust an Expert?”
Create A Data-Driven Culture: Optimize Your Engineering Resources
Looking to better understand how the engineering and R&D teams are using engineering software? Increasingly more companies are having open conversations about data-driven analytics and decision making. Is your company or organization working on better monitoring engineering licenses? Data about engineering software usage can help company leaders make important data-driven decisions. It’s important to considerContinue reading “Create A Data-Driven Culture: Optimize Your Engineering Resources”
Can You Save Valuable Engineering Resources?
Can engineering software management help your company make smarter business decisions. The pandemic has forced many companies to face budget cuts. Is this a good time to consider how your company is using expensive engineering resources? Can you save money on your engineering licenses? LAMUM can help you be proactive in controlling procurement and usageContinue reading “Can You Save Valuable Engineering Resources?”
Complete Transparency for Engineering Software Spend
How much is your CAD/CAx/EDA/Simulation/PLM/Math costing your team, department or company? Engineering and manufacturing companies spend $1,000’s on expensive engineering software year after year. But do they have a clear picture of where it goes or whether it is effectively spent? Engineering and Manufacturing companies spend $1,000’s on expensive engineering software including CAD/CAx/EDA/Simulation/PLM/Math, year afterContinue reading “Complete Transparency for Engineering Software Spend”
Engineering Software License Asset Maturity Index
Our team has put together a scale of how companies use engineering software licenses. With the economies of scale, you can also see how tool cost per engineer goes down as you move to the right. Level 1 – Reactive Most companies are Reactive here. Some have some In-house LMSTAT reporting tools. A script isContinue reading “Engineering Software License Asset Maturity Index”