What users are saying about
6 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>Score 8.4 out of 100
Based on 6 reviews and ratings
1 Rating
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>Score 8.2 out of 100
Based on 1 reviews and ratings
Attribute Ratings
- OpenLM for Engineering Licensing is rated higher in 1 area: Likelihood to Recommend
Likelihood to Recommend

8.0
Cherwell Asset Management
80%
2 Ratings
8.2
OpenLM for Engineering Licensing
82%
1 Rating
Support Rating

8.2
Cherwell Asset Management
82%
2 Ratings
OpenLM for Engineering Licensing
N/A
0 Ratings
Likelihood to Recommend
Cherwell Asset Management
For small industries, it can prove to be a better solution as Cherwell offers comparatively affordable costs for small organizations. But for larger companies, there are many other solutions available in the market that are less complex and offer a variety of additional features. It can be a little complex to use because of its high configuration.
Presales Executive
Corporate Infotech Pvt LtdInformation Technology & Services, 1001-5000 employees
OpenLM for Engineering Licensing
OpenLM can simplify the reporting of complex licenses with multiple toolboxes or products on one server. It covers most of our license server types, but not all. The academic version is reasonably priced (e.g. for educational institutions) giving 90% of the features, however setting it up on-premise was more complex than our original pilot would suggest. We couldn't do without it now.

Verified User
Professional in Information Technology
Higher Education Company, 1001-5000 employeesPros
Cherwell Asset Management
- Automation
- Integrating with other systems
- Full control over how ITSM platform is set up and used
Business Process Analyst III
WEXFinancial Services, 1001-5000 employees
OpenLM for Engineering Licensing
- Peak concurrent license use for any period of time, often less than expected, saves unnecessary over purchase.
- Denials of license, can quickly see where a license is not working, say, after an upgrade.
- Comparison of license utilisation (% when near the limit).
- Quick check of expiring licenses.

Verified User
Professional in Information Technology
Higher Education Company, 1001-5000 employeesCons
Cherwell Asset Management
- Very costly licenses.
- Requires comparatively high amount of configuration.
- Comparatively complex to use other solutions available in market.
Presales Executive
Corporate Infotech Pvt LtdInformation Technology & Services, 1001-5000 employees
OpenLM for Engineering Licensing
- You can share a link to a dynamic report (e.g. the last 365 days). The URL is very long but it can be used with a 3rd party short URL utility and shared with users.
- Upgrading to the latest version took a long time to troubleshoot, which left a short gap in the saved data.

Verified User
Professional in Information Technology
Higher Education Company, 1001-5000 employeesPricing Details
Cherwell Asset Management
General
Free Trial
—Free/Freemium Version
—Premium Consulting/Integration Services
—Entry-level set up fee?
No
Starting Price
—OpenLM for Engineering Licensing
General
Free Trial
Yes
Free/Freemium Version
Yes
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional
Starting Price
—Support Rating
Cherwell Asset Management
Cherwell Asset Management 8.2
Based on 2 answers
Cherwell support has been excellent! Always available to take our emails and calls and get back to us quickly.
Business Process Analyst III
WEXFinancial Services, 1001-5000 employees
OpenLM for Engineering Licensing
No score
No answers yet
No answers on this topic
Alternatives Considered
Cherwell Asset Management
Cherwell Asset Management is a quite known and affordable solution for Asset management for organizations where there are more than 800-1000 users as it provides a complete integrated solution. There are many additional features that are available in Cherwell which is not available in other solution, like tracking of cost, management of procurement, etc.
Presales Executive
Corporate Infotech Pvt LtdInformation Technology & Services, 1001-5000 employees
OpenLM for Engineering Licensing
X-Formation, OpenIT, JTB, Sassafras either more expensive for the particular task of managing and monitoring concurrent licenses, or they had a different set of features (such as Sassafras K2/Keyserver also for remote access)

Verified User
Professional in Information Technology
Higher Education Company, 1001-5000 employeesReturn on Investment
Cherwell Asset Management
- Consolidated other systems into a single platform
Business Process Analyst III
WEXFinancial Services, 1001-5000 employees
OpenLM for Engineering Licensing
- The academic version has paid for itself handsomely, including our setup costs. The ongoing strategic information saves costs.

Verified User
Professional in Information Technology
Higher Education Company, 1001-5000 employees