License StatisticsBusiness Benefits

Lacking control and understanding of your license usage can negatively impact your software management decision making. The end result is a waste in spending that comes from purchasing and paying for licenses that are never used or not used enough. This waste can be significant as purchasing software licenses is initially expensive and is then quickly followed by:

Watch out!Software vendors may encourage to buy more licenses, offering better prices and giving a sense of savings. However, if you over-purchase by a wide margin, savings is not the end result.

The Challenge: Manage and maximize your license investment

On the other hand, not having enough licenses, poorly allocating existing ones, and not ensuring efficient utilization can drive your company’s productivity down and further increase your operational costs.

Productivity

The Solution: License Statisticsthe most cost-effective license monitoring and reporting tool that allows you to centrally manage license usage across your entire business or enterprise to:

Achieve long-term cost savingsNot only can you generate savings of up to 30% in the 1st year, but also lock savings for future years. By having a clear and steady overview of your license usage you can quickly adapt to changing business needs, make informed decisions to buy the software you really need and identify trends and opportunities to further minimize costs and maximize your ROI. 1 Research Baseline Magazine, 2007, “8 Secrets to Software License Management Savings”, by Scott Rosenberg.

Studies show that the average company underutilizes 30% of its licenses, creating a significant waste in spending. By pinpointing your unused or underutilized licenses you can cut your costs and considerably increase savings, all in the first year of use.

For example, say your company makes the following purchase:

$2,000 license x 100

------------------------------------ Total investment: $200,000

With License Statistics, you need only open a browser to see monthly usage percentages for these 100 licenses at a glance.

The Benefits: Optimize license usage and costs by up to 30%

As the graph displays, no more than 70 licenses were used even during the heaviest usage times, leaving the remaining 30 untouched.

Given that these results remain constant over time, they reveal that you’re underutilizing your licenses by 30%. Come license renewal time, you’ll save $60,000 by purchasing only the 70 licenses you actually need. By continuing to monitor the license usage regularly, you can ensure not only these short-term savings, but long-term savings as well.

The Benefits: Improve productivityProviding your employees with the software they need when they need it is essential for optimizing productivity and efficiency in your company. If users are unable to do their work because they cannot access the software they need, you’re losing time and money. License Statistics helps you identify such problems easily.

With the Denied Requests Log graph and details table you will be able to see exactly:

• how many users could not check out a license• who exactly was being denied• how often this happened• when the denial occurred

As the graph displays, there were only were 4 days where there were no denials.

This clearly indicates that you don’t have enough licenses. Users are therefore unable to do their work, causing your company’s productivity to decrease.

The cost savings realized by ensuring you have sufficient licenses for all your users can far exceed the cost of the extra licenses you need to purchase.

The Benefits: Make informed license management decisionsOne major problem managers are faced with is being unable to determine how many licenses one department requires compared to another. When you add international offices with their own individual departments to the scenario, accurate budgeting becomes virtually impossible.

With License Statistics’ user management and reporting capabilities, managers can, however, accurately identify the specific needs of each of their departments, projects, user groups, host groups, and budget accordingly.

Presented below is a sample report showing usage data based on 2 departments.

The results you obtain with License Statistics can be exported to PDF, CSV, SQL, and XLS, where they can be further analyzed and any types of charts can be created.

SummaryAccording to surveys and various studies the average company overspends on software licenses and maintenance by 30%. The reason for such waste lies in the overall complexity of licensing and lack of accurate information that management has in determining whether their software investment is being effectively utilized. Furthermore, companies often fall prey to buying more licenses to take advantage of volume licensing discounts or to avoid non-compliance. This is not a very cost-effective method that depending on the size of your company can cost thousands of dollars in waste.

License Statistics is a “must-have” tool that can help you steer away from the above-mentioned scenario. By providing the foundation for control and understanding of your license usage you can quickly and accurately determine inefficiencies and stop wasting money on licenses you don't need. When unused licenses are detected they can be reclaimed or reallocated to other users or different departments. Maintenance renewals can be suspended and license agreements can be renegotiated. On the other hand, License Statistics can ensure that the licenses you have are being fully utilized, increasing productivity and revenue for your business. Contact Information

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