Name: 3 Levels of License Optimization | LicenseAnalyzer2020
Uploaded: 2020-04-08T14:20:35.000Z
Duration: 2 min 29 s
Description: 3 Levels of License Optimization | LicenseAnalyzer2020

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Vendor Management Systems (VMS)

Workforce Analytics

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Cloud Cost Management

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Email Verification

Fraud Detection

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Integration Platform as a Service (iPaaS)

License Management

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Network Diagnostics

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Open iT LicenseAnalyzer is a software usage metering and analysis tool designed to optimize software license management. It is suitable for businesses and institutions of all sizes. According to the vendor, this product is commonly used by IT managers and administrators, software asset managers, engineering and technical professionals, finance and procurement professionals, as well as the oil and gas industry.

## Key Features

**LicenseAnalyzer**: According to the vendor, LicenseAnalyzer is a primary tool for software usage metering, analysis, and optimization for all business and technical applications. It provides real-time monitoring, historical reporting, proactive alerts, and customizable dashboards for better visibility and control of software usage.

**Level 1 | Runtime Usage**: The vendor claims that this level includes real-time monitoring and historical reporting on a wide range of on-premise and Cloud applications. It provides proactive alerts and customizable dashboards for better visibility and control of software usage.

**Level 2 | True Active Usage**: According to the vendor, this level includes all the features of Level 1 and meters the activity levels of all applications to determine whether they are truly being actively used. It aims to help identify and optimize active and inactive consumption of licenses.

**Level 3 | Managed Usage**: The vendor states that this level expands on Levels 1 and 2 by providing better control in managing license resources. It aims to uncover and terminate or suspend applications that are not in active use, enhancing license optimization and efficiency.

**LicensePredictor**: According to the vendor, LicensePredictor is a forecasting and anomaly detection tool that analyzes current and historical usage data to predict future trends in license usage. It aims to assist organizations in decision making, proper planning, and allocation of IT resources using machine learning techniques.

**CLIMS**: The vendor describes CLIMS as an advanced system that provides administrators a centralized portal for the administration and management of license files and license servers. It streamlines the management of license files and servers to ensure accurate and up-to-date license information.

**LicensePlanner**: According to the vendor, LicensePlanner aids in managing, planning, and optimizing licensed software applications and license agreements. It provides functionalities for financial integration, advanced invoice generation, and detailed monitoring of estimated and actual software maintenance cost.

**StorageAnalyzer**: The vendor claims that StorageAnalyzer monitors files, file systems, disks, and backups to enable accurate IT asset planning and efficient use of storage resources. It provides a centralized overview of storage resources, improves performance through storage optimization, and allows for accurate and flexible IT budgeting.

**ComputeAnalyzer**: According to the vendor, ComputeAnalyzer meters CPU, memory, and I/O usage on GRID computing environments. It provides a centralized overview of usage patterns for system resources, enables performance maximization, and helps identify and address bottlenecks and undesirable usage patterns.

**LicenseAnalyzer Plug-in**: The vendor states that the LicenseAnalyzer Plug-in helps manage, plan, and optimize licensed software applications and license agreements. It provides detailed vendor information for better license management and offers financial integration with advanced invoice generation.

Basic

Freshservice is a cloud-based service desk and IT service management (ITSM) solution that currently serves more than 10,000 SMB, mid-market, and enterprise customers worldwide.

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Freshservice

Built on the ServiceNow Now Platform, the IT Service Management bundle provides an agent workspace with knowledge management, and modules supporting issue tracking and problem resolution, change, release and configuration management.

Starting Price

ServiceNow IT Service Management

Open iT LicenseAnalyzer

Software Asset Management (SAM) Tools helps manage and organize IT assets by automating tasks related to managing software such as patch and license management, inventory tracking (and locating inefficient use of licensed software), establishing policy, and lifecycle management.

Software Asset Management

Open iT

3 Levels of License Optimization | LicenseAnalyzer2020

Open iT LicenseAnalyzer2020 provides a broad reach with its 3 Levels of solutions that completely address the unique business and management challenges associated with technical software applications.

#OpeniT #OpeniTSolutions #LicenseOptimization

Accounts Payable

Features found in accounts payable software products

Vendor Management

Holds information related to vendor terms and contracts.

Software Asset Management features aid in handling software acquisition and management.

License Tracking

Track software licenses to ensure compliance with usage rights and avoid penalties for non-compliance.

Software Inventory Management

Automatically discover and inventory software installed across the organization's network to monitor usage and track versions.

License Optimization

Identify underutilized licenses or opportunities for license consolidation to reduce costs and optimize software usage.

Compliance Reporting

Generate reports to demonstrate compliance with software licensing agreements during audits or reviews.

Software Usage Monitoring

Monitor software usage patterns and identify areas where licenses may be overused or underused.

Contract Handling

Manage software contracts, agreements, and renewal dates to stay informed about licensing terms and obligations.

Automated Notifications and Alerts

Receive alerts and notifications about upcoming license renewals, compliance violations, or changes in software usage.

Integration with IT Systems

Integrate with existing IT systems, such as asset management tools or configuration management databases, for a comprehensive view of software assets.

Cost Optimization

Analyze software spending, identify cost-saving opportunities, and make informed decisions about purchasing and renewing licenses.

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Open iT LicenseAnalyzer

Overview

What is Open iT LicenseAnalyzer?