SCHAUMBURG, IL--(Marketwire - October 28, 2009) -
Flexera Software, formerly
Acresso Software, today announced the latest version of
FlexNet® Manager for Engineering Applications, the only
enterprise license optimization solution on the market for enterprise-class
engineering applications. FlexNet Manager now enables organizations to
centrally monitor, manage, analyze, and report on software usage by linking
usage and denial trends directly to specific contractual license terms,
geographies, and organizational structure, so organizations can fully
optimize software use, remain compliant, and control spending.
With this product launch, FlexNet Manager now provides analytical tools
that automatically recommend software purchase quantities based upon past
usage trends and other business-based criteria. This helps organizations
more accurately plan and budget for the future and determine the right mix
of software to purchase or retire in order to minimize software costs,
effectively manage denials and address license compliance issues. FlexNet
Manager is the only product available that offers the capability to access
continuous usage trending data from thousands of FlexEnabled applications
and use that data to recommend optimal purchase quantities.
For energy, software engineering, semiconductor manufacturing, and design
companies, high-value electronic design automation (EDA) software can
constitute a significant portion of operating expenses. Failing to properly
manage licenses for this software risks shelfware, denials of service, and
non-compliance situations -- all potentially expensive problems. Without
insight into software usage, organizations cannot know what software should
be retired, supported or purchased, or accurately gauge the return on
investment (ROI) on their software spending.
With 20 years of experience as the makers of
FlexNet Publisher, the leading licensing technology
embedded in 20,000 enterprise-class applications, Flexera Software is
uniquely capable of providing meaningful insight into the usage of some of
the most expensive and widely used applications on the market. More than
3,000 software publishers and hundreds of Fortune 1000 companies depend on
Flexera Software's technologies to ensure that end users have the most
positive experience installing and using their software.
"This new version of FlexNet Manager for Engineering Applications is built
on Flexera Software's proven capabilities to deliver significant
hard-dollar value to enterprises that have invested millions in software
but often don't know how much they have or how they are using it," said
Mark Bishof, president and chief executive officer for Flexera Software.
"Are they overpaying for licenses? Are they violating agreements with the
vendors providing essential software tools for running their business?
FlexNet Manager makes it easier than ever to answer these questions and
helps companies control and optimize their software spend -- delivering
significant potential savings."
Through its
FlexNet Manager Suite for Enterprises,
Flexera Software already brings analytical capabilities to its solutions
geared specifically to managing some of the world's most widely used
applications, such as SAP® Business Suite and Oracle databases and
applications, and today's announcement strengthens Flexera Software's
enterprise license optimization offerings to create the industry's most
comprehensive solution set on the market today.
Read more about Key New Features in FlexNet Manager for Engineering
Applications,
click here.
Key New Features Highlights: FlexNet Manager for Engineering Applications
-- Software Investment Planner: Based on powerful new analytics that link
usage trending data to specific license terms, the new Software
Investment Planner provides answers to critical business questions fast
so companies can minimize software costs, effectively manage denials and
address license compliance issues. This powerful analysis and planning
tool provides detailed insight into usage trends as they relate to
license terms, costs and organizational structure. It also recommends
purchase quantities based upon past usage trends and other customizable
factors so companies can accurately plan and budget for the future and
determine the right mix of software to purchase or retire.
The Software Investment Planner offers a central place to store complex
contract terms, making it easy to identify compliance issues and see the
cost of changes in the license environment. It also offers new product-
based reporting which maps complex product-to-feature relationships so
companies can automatically report on how they are using the products
listed on their software contracts.
-- Usage Reports for LUM-enabled Applications: Companies relying on CATIA,
ENOVIA SmarTeam, or any other LUM-enabled application can now use
FlexNet Manager to report on and optimize these licenses within a single
interface and workflow.
-- Improved Organization-Model Maintenance and Reporting: FlexNet Manager
now offers an easier way to keep user data updated so companies can
report on how individuals are using software by organization, geography,
or even by project.
About Flexera Software
Flexera Software, formerly Acresso Software, maximizes the value of the
software the world develops and uses. The leading provider of software
licensing, entitlement management, installation, and application readiness,
Flexera Software is trusted by more than 80,000 customers who use its
solutions to drive cost and time from the software supply chain -- from
software vendors and high-tech manufacturers to enterprises and
governments.
For more information, please go to:
www.flexerasoftware.com. You can also
engage in discussions about enterprise license optimization at our blog,
"
Enterprise License
Optimization."
*All third-party trademarks are the property of their respective owners.
Contact Information: For more information, contact:
Eastwick Communications
(650) 480-4040
flexera@eastwick.com