SOURCE: Acresso Software
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September 09, 2008 08:30 ET
Acresso Software Delivers First Combined Entitlement and Compliance Management Suite
Latest FLEXnet Release Enables Software and Hardware Producers to Reduce Audits and Improve Revenue Predictability; Enterprise IT Customers Can Proactively Manage Compliance and Avoid Expensive Budget Surprises
SCHAUMBURG, IL--(Marketwire - September 9, 2008) - Acresso Software today announced a
significant expansion to its FLEXnet entitlement and compliance management
suite. This latest release is the first packaged product suite delivering a
complete compliance and entitlement management process for software and
hardware producers -- licensing, entitlements, usage and delivery --
resulting in stronger compliance with licensing agreements, regardless of
licensing system used.
Minimizing the producer's need for costly audits and improving revenue
stream predictability, the information generated by FLEXnet can easily be
delivered directly to enterprise IT customers. This provides ongoing
insight into actual usage and a means to proactively manage their own
compliance with software licensing agreements to avoid costly budget
surprises that often result from audits and effectively plan IT
investments.
More than 3,000 software/hardware producers have shipped $85B of
FLEX-enabled software and continue to release over $15B of new FLEX-enabled
applications every year.
"In today's economy, software and hardware producers need to ensure that
all revenues resulting from their enterprise customers' software usage can
be captured," said Amy Konary, Research Director Software pricing,
licensing and delivery at IDC. "To do so, some producers revert to
expensive and time-consuming physical audits, which are often viewed as
invasive and disruptive by their customers and address the symptom of
non-compliance rather than the problem of poor license management," adds
Amy. "The FLEXnet Solutions from Acresso Software can help software and
hardware producers implement proper license management in the first place,
while providing them with on-going information about both entitlements and
usage."
The latest capabilities include:
-- FLEXnet Compliance Monitor, a new addition to the FLEXnet product
family, provides software/hardware producers with an actual view of their
customers' software usage without the need for expensive and time-consuming
physical audits. For the first time, software/hardware producers can shift
the conversation from audits to simply reviewing a shared set of facts to
understanding actual software usage. Specific details are available at
www.acresso.com/compliance.
-- The latest release of FLEXnet Operations integrates fragmented or
manual back-office entitlement systems, such as CRM systems or excel
spreadsheets; this is a common challenge in the industry due to mergers and
acquisitions. Moving to a single entitlement system reduces the costs of
supporting multiple systems. Specific details are available at
www.acresso.com/fno.
"The Entitlement and Compliance Management Solution from Acresso Software
has helped Alcatel-Lucent improve the way we view and administer
entitlements. Now our license generators can be consolidated into a single
system, saving us time and money while giving customers a more consistent
experience," said Manish Sharma, Program Director, Alcatel-Lucent. "We
worked with Acresso as they developed this new release that will not only
give us reports that detail our customers' entitlement activities, but more
importantly enables us to better serve our customers by providing them a
clearer view into how their departments use our products so they can better
manage their own entitlements. We will also be able to dramatically reduce
the time it requires us to give permission to use the requested application
from a few days to a few minutes."
"Software/hardware producers need to use their own medicine," said Roger
Bottum, senior vice president of Marketing, Acresso Software. "Many often
rely on manual, fragmented processes for managing their relationship with
their customers, especially around software usage and entitlements. These
new releases provide key new capabilities to automate these areas on both
sides of the equation to facilitate a much more rational approach to
entitlement and compliance."
About Acresso Software
Acresso Software provides solutions that power the business of software for
multiple customer segments, including hardware and software producers,
engineers and developers, helping them uncover revenue opportunities,
streamline their infrastructure and reduce costs. The company's proven
solutions, including the FLEXnet and InstallShield product lines, have been
simplifying the business relationship between software and hardware
producers and their enterprise and government customers for more than 20
years. Acresso maximizes the value of the software the world develops and
uses. For more information, please go to: www.acresso.com.