Open iT LicenseAnalyzer Overview

Open iT LicenseAnalyzer provides detailed software usage metering, focusing on optimizing engineering application licenses. It offers insights into license utilization, aiding companies in managing IT assets efficiently. Key features include license visibility and control, enabling businesses to monitor and evaluate software usage effectively. The platform supports chargeback and negotiation strategies, providing actionable insights that can lead to a 30% ROI. With a strong emphasis on data that matters, LicenseAnalyzer empowers organizations to make informed decisions about software investments. The tool integrates seamlessly with existing systems, ensuring that licensing insights are contextualized and relevant. With an overall user rating of 4.8 out of 5 on Gartner Peer Insights, LicenseAnalyzer is recognized for its capabilities in software asset management, offering dedicated support to help achieve and exceed business goals.

Use Cases

Customers recommend License Management, Contract Management, Forecasting, as the business use cases that they have been most satisfied with while using Open iT LicenseAnalyzer.

Other use cases:

  • Competitive Intelligence
  • Negotiation Management
  • Social Media Analytics
  • Lead Analytics
  • Campaign Management
  • Products & Pricelist Management
  • Collaboration
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Business Priorities

Improve ROI and Improve Efficiency are the most popular business priorities that customers and associates have achieved using Open iT LicenseAnalyzer.

Other priorities:

  • Scale Best Practices
  • Manage Risk
  • Increase Sales & Revenue
  • Improve Internal Communications
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Open iT LicenseAnalyzer Use-Cases and Business Priorities: Customer Satisfaction Data

Open iT LicenseAnalyzer's features include Dashboard, and Alerts: Popups & Notifications. and Open iT LicenseAnalyzer support capabilities include 24/7 Support, AI Powered, Chat Support, etc. also Open iT LicenseAnalyzer analytics capabilities include Analytics, and Custom Reports.

Reviews

"...It can effectively meter and report on how individuals or groups use applications, servers, storage, databases and services across a global enterprise, supporting a wide array of license managers including Abaqus/Elan, Aladdin Hardlock (NetHASP), Altair, Altium, Animator, Beta LM, Bentley Select, ClearCase, DSLS, Encom, Enterprise Architect, EOD, GHSlm, Fekete, Jazz Team Server, MathLM and more...." Peer review from Open iT

Open iT LicenseAnalyzer, TWIPLA, Klipfolio, Buildfire, Unity Platform, etc., all belong to a category of solutions that help Digital Analytics. Each of them excels in different abilities. Therefore, determining the best platform for your business will depend on your specific needs and requirements.

LicenseAnalyzer Software by Open iT tracks application usage and provides advanced data analysis and reporting. It aids in efficient license management.

Popular Business Setting

for Open iT LicenseAnalyzer

Top Industries

  • Oil & Energy

Popular in

  • Small Business
  • Enterprise
  • Mid Market

Open iT LicenseAnalyzer is popular in Oil & Energy, and is widely used by Small Business, Enterprise, and Mid Market.

Comprehensive Insights on Open iT LicenseAnalyzer Use Cases

What solutions does Open iT LicenseAnalyzer provide for License Management?

What benefits does Open iT LicenseAnalyzer offer for Contract Management?

What Are the key features of Open iT LicenseAnalyzer for Forecasting?

What benefits does Open iT LicenseAnalyzer offer for Competitive Intelligence?

22+ more Business Use Cases

11 buyers and buying teams have used Cuspera to assess how well Open iT LicenseAnalyzer solved their Digital Analytics needs. Cuspera uses 584 insights from these buyers along with peer reviews, customer case studies, testimonials, expert blogs and vendor provided installation data to help you assess the fit for your specific Digital Analytics needs.

Case Studies

Oil & Energy

CASE STUDY El Paso Pipeline Group

El Paso Pipeline Group needed to reduce software maintenance costs during an economic downturn. They lacked detailed information about software usage. Open iT provided a solution that improved checko...ut and usage practices. This eliminated unnecessary purchases and saved El Paso hundreds of thousands of dollars in the first year.

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Information Technology and Services

CASE STUDY VersionBay

VersionBay wanted to track MATLAB usage and associate it with specific projects. They also aimed to monitor hours used on each MATLAB version to increase productivity. Using Analyzer for MathWorks Li...censing Level 2 and LicensePlanner, they tracked MATLAB versions and usage duration. This helped them manage software budgets and consultant hours effectively.

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Oil & Energy

CASE STUDY Equinor

Equinor, an integrated oil and gas company, needed a solution to manage software licenses and improve work efficiency. They used Open iT's LicenseAnalyzer to negotiate flexible license agreements and... improve workforce efficiency. The tool provided insights from user-level reports, enabling Equinor to create programs that enhance employee performance. With branches in 28 countries, Equinor shifted from manual software usage tracking to continual user measurements, leading to better vendor negotiations and improved employee performance.

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Construction

CASE STUDY Burns & McDonnell

Burns & McDonnell needed to track the usage of over 400 engineering design applications. They chose Open iT License Analyzer for its ability to handle various licensing models. The tool helped them s...ave 25% on software spend by identifying underutilized licenses. They also reduced leased license costs for Oil & Gas projects by over $350K. The company aimed to consolidate licenses and improve software usage visibility across business lines.

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CASE STUDY Avio Aero

Avio Aero, a global leader in the aerospace industry with 5000 employees, faced challenges with their existing software usage tracking solution. They needed a more flexible and powerful tool. Avio im...plemented Open iT's License Analyzer and Compute Analyzer to monitor software and hardware usage. This led to a 47% reduction in yearly IT costs. The solution provided Avio with factual data about license use, supporting multiple license managers.

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Oil & Energy

CASE STUDY Burlington Resources

Burlington Resources, a leading oil and gas producer, needed to manage software costs as they expanded. They used Open iT's License Analyzer to monitor license usage across four software categories. ...This tool provided real-time and historical data, allowing them to create customized usage reports. Within two years, they reduced software expenses by 57% by modifying license agreements. The company employs over 2,000 people and relies on geological and geophysical software for production.

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Frequently Asked Questions(FAQ)

for Open iT LicenseAnalyzer

What is Open iT LicenseAnalyzer used for?

Open iT LicenseAnalyzer is a Digital Analytics Software mainly used by its customers to Improve ROI and Improve Efficiency by License Management, Contract Management and Forecasting .

What are the top features of Open iT LicenseAnalyzer?

Dashboard, Alerts: popups & Notifications are some of the top features of Open iT LicenseAnalyzer.

What are Open iT LicenseAnalyzer alternatives?

TWIPLA, Klipfolio, Buildfire and Unity Platform are popular alternatives for Open iT LicenseAnalyzer.

Where is Open iT LicenseAnalyzer located?

Open iT LicenseAnalyzer is headquartered at Houston, TX.
lightning

Peers used Open iT LicenseAnalyzer for license management and contract management

Open iT LicenseAnalyzer Features

  • Low
  • Medium
  • High
FEATURE RATINGS AND REVIEWS
AI Powered

3.77/5 ★

Read Reviews (4)
Analytics

4.56/5 ★

Read Reviews (52)
Custom Reports

4.55/5 ★

Read Reviews (127)
CAPABILITIES RATINGS AND REVIEWS
AI Powered

3.77/5 ★

Read Reviews (4)
Analytics

4.56/5 ★

Read Reviews (52)
Custom Reports

4.55/5 ★

Read Reviews (127)

Software Failure Risk Guidance

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for Open iT LicenseAnalyzer

Overall Risk Meter

Low Medium High

Top Failure Risks for Open iT LicenseAnalyzer

Open iT, Inc. Profile

Company Name

Open iT, Inc.

Company Website

https://openit.com/

HQ Location

Houston, TX

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