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Table of Contents

03 Executive Summary

04 What is Software License Management?

05 Why have a Software License

Management Tool?

06 Six Benefits of Effective

Software License Management

11 OpenLM Software Management Tool

13 What Makes OpenLM's Product Stand

Out Above the Competition?

14 About OpenLM

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is not responsible for photographic or typographical errors.
Executive Summary

The global software market is growing exponentially. While the market was probably not at all
noteworthy a decade back, it has now grown remarkably big and competitive. Last year, the
global software market size reached $997 million. This year (2022), the market size is
expected to grow by around $1,723 million.

Add to this, the fast-growing IT infrastructure around is also an inevitable reason, the global
software market is booming.

However, if looked closely, organizations are also ending up losing a huge chunk of their annual
IT budget while deciding on their software requirement. As Gartner reports, organizations lose
around 30% of their annual IT budget on software licensing and management.

With OpenLM, organizations can easily optimize and streamline their annual software expenses
(Proven by OpenLM free ROI calculator). OpenLM provides all the essential engineering
software license monitoring, tracking capabilities, reports, and more. It further helps
organizations to optimize their software inventory and helps them to stretch their expensive
software licenses to the maximum limit.

OpenLM handles all license models including network (floating), node-locked, GPU (Nvidia),
cloud and token (including Autodesk token-flex), and hybrid variations. It enables organizations
to monitor and generate reports of all the reputed software vendors/licenses, such as Sentinel,
Flexera, MathWorks, Siemens, Dassault, Ansys, Cadence, ESRI, Wibu DSLS, Reprise,
Autodesk (Autocad), Bentley, PLM, CAE, and more.

Software Market
$732.07 B
$691.35 B
750 $650.72 B
$568.94 B $593.33 B
$524.75 B
500

250

0
2020 2021 2022 2023 2024 2025

03
What is Software License Management?

Every organization requires a specific set of software. While some of these software comes
as an individual, others come in bundles. Also, there is free as well as paid software available.
The paid software always requires software license managers to use and operate.

The process of managing all these permissions and restrictions from a single console is
termed ‘Software License Management (SLM)’.

In technical terms, software license management can be defined as the legal process that
controls or regulates:

How to use the software? Who can use the software?

When to use the software? Where to use the software?

04
Why have a Software
License Management Tool?
Back in the 1980s, software providers started offering ‘floating licenses’ that offered a
limited number of licenses among the users. The software license managers had a central
license server that allowed licenses to one user at a time upon requests. Meaning, that the
second user gets to use the software only after the first user is done using the license.

The concept of floating licenses started becoming inefficient with the development of IT
infrastructure since time and resource consumption was more.

Organizations now required tools that would allow multiple users to use software licenses
simultaneously. This is where and how the need for centralized licensing management
software started growing.

In addition to the organizations, software vendors also felt this necessity. However, they
largely required a central system to monitor and track the usage of their software license
managers.

Bad software license management can lead to numerous consequences. Any organization
may have to face similar situations if they don't have any licensing management software.
Your organization could be the next if you too are missing this. However, here are two of the
most crucial consequences due to bad license management:

Organizations usually lose hefty amounts annually due

to surplus software licenses. They are either unaware of
these purchases or they simply fail to manage their
licenses. This can slow down or cease their ROI and
Dip in ROI incur huge losses; maybe in millions, every year.

As mentioned above, every license comes with some

legal terms, conditions, and guidelines. Purchasing a
license does not permit anything with the license. At
times, organizations fail to comply with these terms and

Non-compliant conditions and tend to overpass them. This can create

Issues non-compliant issues that could also result in huge
monetary obligations.

05
Benefits or Features of
Software License Management
Software publishers release pre-defined documents during the release of their software.
This document contains all the legal procedures to use the software. This document largely
explains the terms and conditions, limitations (if any), types of usage, and how to distribute
the software. This document is known as a ‘software license’.

Having a software license management tool enables an organization to understand the ins
and outs of a software license. A license management software can be an enabler for any
organization. It can direct an organization on how to utilize the maximum out of all the
software licenses it has purchased. The software manager also suggests which license to
purchase, when to purchase, and how many numbers to purchase.

The software licensing management tool also suggests ways to stretch software licenses so
that the organization can use the purchased licenses aptly. In OpenLM, we help our clients
with deep software license management insights. We enable them to stretch their licenses
and utilize the maximum out of them.

Besides this, there are several other reasons for an organization to opt for OpenLM’s
professional license management software. Listed below are some of these reasons:

Reduce costs, Increase Profits

Buying unnecessary licenses always results in

unwanted and excessive expenses for any organization.
These unwanted expenses usually affect the annual
ROI of the organization. On the other hand, having
license management software ensures an extremely
cost-efficient process for the organization.

The license manager software can easily analyze the

overall license consumption and figure out if any
additional licenses are required. A software license
management tool can also track unused licenses and
cut down the cost further.
At OpenLM, our software licensing management tool
promises at least a 15% cost reduction from the
annual IT budget.

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Benefits or Features of
Software License Management

Credible Compliance and Audit Protection

Using any unauthorized licenses within an organization is a critical issue. Based on the
weightage of the software, this unauthorized usage can lead to momentous results.
Organizations must always use the software they have purchased. To be compliant with
this, organizations must track the number of installations and distributions of software
licenses among the users.

However, when it comes to maximizing software license compliance, organizations might

not be able to keep track of their clients. This would eventually breach all the compliant
guidelines. A software licensing management tool can help organizations gain a credible
compliance score and audit protection.

07
Benefits or Features of
Software License Management

Software License Compliance Reports

Software licenses imply several laws, guidelines, and regulations on the overall usage of
the software. Any instances wherein the organization fails to abide by these guidelines
would result in compliance violations. As a result, the organization may have to face
serious compliance issues in the future.

Having a professional license management software like the one by OpenLM makes an
organization compliant with all these rules and guidelines. This would help the
organization to be compliant with all the clauses mentioned in the software license. Thus,
the organization would gain a great software license compliance report in the future.

08
Benefits or Features of
Software License Management

Enhanced Productivity

As mentioned in the 'floating license' concept,

waiting for licenses is a time-consuming
process. Organizations can get rid of this waiting
time by automating the process. To automate this
process, organizations need professional license
management software. This will surely contribute
to enhanced productivity for the organization.

Better Cyber Security

Cybercrime is currently one of the hottest threats

in the IT world. Using any unauthorized software
always makes an organization prone to such
threats. Also, since the advent of the Covid-19
situation, this threat has risen tremendously.
Since people now are preferring remote work
culture, phishing out critical information from
systems has become common globally.

Almost all software licenses come with strict

data security measures and firewalls. Having
them rightly installed in the systems offer better
and tightened security measures. Whether
people prefer working from the office or
remotely, cyber security remains intact with
effective software license management tools.

09
Benefits or Features of
Software License Management

More Business Agility

Organizations deploying legacy software often face issues with upgrading, replacing,
or managing their existing software. This is also applicable for organizations using
multiple software for each of their users or machines. This happens due to the
complexities involved in replacing legacy software or organizations losing a track of the
non-feasible software.

With a software licensing management tool in place, organizations can easily track
their older software. Software license management tools enable organizations to decide
which software to retain or which one to let go of. Thus, with a software license
management tool, organizations can gain more agility when it comes to making decisions.

10
OpenLM Software Management Tool

Know What You Have

Our license manager reports on actual usage and helps you identify unused or rarely
used software, additional features that have not been touched, and even named licenses
that should be swapped out for a concurrent license or a subscription because the user only
accesses them for an hour or two per week.

Our new customers find lots of savings right away, at least 15%. With the high cost of
engineering & specialty software licenses, finding even a single license to discontinue
cost justifies your purchase.

Know What’s
Happening Right Now

We have made it a mission to report as timeously as possible. Depending on the license

manager being monitored, feedback is either on a per-second or per-minute basis.

The only exceptions are some license models that work on tokens or time slots and
we offer a different solution for them. This near-time feedback keeps you in control.

Do the Best
for Your Users

Harvest idle licenses automatically, in alignment with your internal software policy.
OpenLM monitors denials and identifies ‘true’ denials, where the user cannot access a
license for a significant time, as opposed to a denial that lasts for a minute or so before
the license can be accessed.
Our usage reports help you minimize the number of licenses you hold while providing
high availability to your user base.

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OpenLM Software Management Tool

A Picture is Worth a Thousand Words

We produce reports in different formats depending on the content.
Apart from traditional list reports (e.g. usage by user), we offer alternatives such as
heat maps and pie charts, which tell the same story on a single page for
management. If for some reason, you need reporting we don’t provide, you can
create your reports, using your database and the Power BI enabled OpenLM
Reporting Hub (Which comes with a smart rich UI Dashboard).

Take the Heat off

OpenLM gives you the data necessary to produce

internal billing for end users. Charging back these
costs has an added benefit, the head of the
department suddenly is responsible for these costs, and
will make sure that his users work as economically as
possible, resulting in additional cost savings.

License Management for the Cloud

Costs for cloud software are much higher than expected
and seem difficult to control. We help you monitor Adobe,
Autodesk, ESRI, Slack, Salesforce, Postman, Workday,
Office 365 & more cloud products.
We also help you monitor hybrid products with tokens and
work across timelines around the globe. This helps you to
protect your SaaS accounts, monitor, and optimize cloud
license usage (Obtain accurate reports, Safeguard
sensitive data, Spot stale accounts)

12
What Makes OpenLM's Product
Stand Out Above the Competition?

OpenLM’s software is designed specifically for

Specialized
engineering and scientific licenses.

We can help you monitor the products you rely on,

from hundreds of vendors including Ansys,
Multiple Vendors
Autodesk, Dassault, ESRI, PTC, Cadence,
MathWorks, and Siemens.

Our customers are extensive users of CAD/CAM and

Over 60+ License Managers
CAE tools and we support over 60+ license managers
(LMs) Supported
in this space.

Whether you are in construction, pharmaceuticals,

healthcare, aerospace, automotive, oil, and gas, or
Customer Focused
EDA, we help customers in these industries manage
their software.

Our customer base includes Fortune and Global 500

companies across the globe, as well as some top
Fortune 500 & SMBs universities, SMBs, government, and municipal bodies
(OpenLM is on the GSA Schedule 70 and has U.S.
Federal customers).

OpenLM for Cloud is the latest innovation in our

product suite. It wins space from the traditional on-
OpenLM Cloud premise version because its hassle-free features,
scalability, and resilience, require minimum
infrastructure and hardware.

13
About OpenLM:

OpenLM is among the most trusted global vendors of engineering and specialty
software license management solutions (source: Gartner). Founded in 2007, today
OpenLM has more than 1000 global customers; 10% of these customers belong to
the 'Fortune 1000' club. 400 of OpenLM's customers are from the US.

Serving across 15+ industries - Aerospace, Automotive, Engineering Services,

Defense, Industrial Manufacturing, Healthcare, Semiconductors, Energy, Power &
Utility, Gaming, Government, Telecommunication, Mining, Electronics,
Construction, and more, OpenLM boasts of an NPS (Net Promoter Score) of 4.6.

OpenLM was founded in the city of Pardesia in Israel in 2007. Soon after it started its
operation, it opened its branches in the USA, Moldova, Japan, and India. The
company is now focussing on North America, Europe, Australia, Malaysia, China,
Thailand, LATAM, and others.

14