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

How can Open iT LicenseAnalyzer optimize your License Management Workflow?

How can Open iT LicenseAnalyzer enhance your Contract Management process?

How can Open iT LicenseAnalyzer enhance your Forecasting process?

How can Open iT LicenseAnalyzer enhance your Competitive Intelligence process?

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 Murphy Oil

Open iT License Analyzer helped Murphy Oil consolidate IT assets after merging business units. The company managed a portfolio of 250 applications with $6 million in annual subscription costs. Licens...eAnalyzer Level 1 gave insights into software usage across the organization. Murphy Oil achieved a 32x return on investment and saved $1.3 million in the first year with an initial $43,000 investment. The solution reduced unnecessary software purchases and annual maintenance costs.

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Manufacturing

CASE STUDY Fortune 500 industrial conglomerate

Open iT software helped a Fortune 500 industrial conglomerate track software usage across many locations. The company faced high costs from database software licenses based on estimated, not actual, ...usage. Open iT enabled them to see real usage patterns and match licenses to users. They right-sized their licenses and cut costs by 30%. This improved IT asset management and vendor negotiations.

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Oil & Energy

CASE STUDY Oil & Gas Company

Open iT LicenseAnalyzer and SystemAnalyzer helped a medium-sized oil and gas company cut down the number of high-end UNIX workstations. The company needed to reduce costs and support green initiative...s. By metering active software usage, they reduced workstations from 357 to 50. This led to a 70% cost reduction. Users also enjoyed less heat and noise in their offices.

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Construction

CASE STUDY Projektengagemang AB

Open iT License Analyzer Level 1 helped Projektengagemang AB improve its software cost allocation. The company needed a fair way to charge its 38 subsidiaries for IT use. Before, all subsidiaries pai...d the same, even if they used software less. With Open iT, they tracked real usage and created detailed invoices. This made the chargeback process fair and based on true software use.

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CASE STUDY Major Commodities Company

Open iT License Analyzer helped a major commodities company cut IT costs. The company tracked software usage and used automated license harvesting. This led to real cost savings. One software product... saved $639,000 on pay-per-use licenses. Open iT usage reports helped get buy-in for a critical software conversion. Power users were identified to support the change and monitor new software adoption.

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Oil & Energy

CASE STUDY Fortune 100 energy company

Open iT metering software helped a Fortune 100 energy company manage expensive software licenses across global research and production sites. The company needed better ways to collect usage data and ...generate reports as it grew. Open iT provided flexible, detailed, and easy-to-use reporting tools. Managers used these tools to optimize IT resources, eliminate duplicate software, and renegotiate vendor contracts. The company achieved a ten-fold ROI in less than six months through license cost savings.

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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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