Software License Optimization: How to Save Money on IT

In today's dynamic business landscape, IT budgets are constantly under pressure. Yet, a significant portion of those budgets gets wasted on underutilized or unused software licenses. Here's where Software License Management (SLM) comes in – a powerful solution to streamline license usage, optimize costs, and maximize the return on your software investment.

The hidden costs of unmanaged licenses

Many organizations unknowingly pay for software licenses they don't fully utilize. This can happen due to:

• Unclear inventory: Lack of visibility into what software licenses you actually own.
• Manual tracking: Time-consuming and error-prone manual tracking of license usage.
• Non-compliance risks: The potential for non-compliance with vendor licensing agreements, leading to hefty fines.

OpenLM must have saved us over €10,000 within the first year itself! _Conor Howe, Senior Software Engineer, DePuy Synthes

Smart SLM for the modern workplace: Start saving on your licenses today

Smart SLM solutions like OpenLM offer a comprehensive Software License Management solution designed to help you:

• Gain complete control and mitigate compliance risks: Get a real-time, centralized view of all your software licenses across various platforms and vendors. Thus, you can also stay compliant with vendor licensing agreements and avoid costly audits.
• Optimize license allocation and make better decisions: Identify underutilized licenses and reallocate them to users who need them, ensuring everyone has the right tools for the job. Data-driven insights into software usage also empower better decision-making around software purchases and renewals.
• Automate workflows and increase productivity: Eliminate manual processes with automated license tracking, reporting, and compliance checks. As a result, employees have easier access to the software they need, leading to improved efficiency.

“…We are looking at a well over 2800% ROI on our initial OpenLM investment.” __Brian McElyea, Principal Mechanical Engineer, Dynetics

Companies using OpenLM have reported significant savings on their IT budgets. Reach out to us with your unique license monitoring requirements, and start experiencing limitless optimization right away.