Efecte publishes a solution for centralized license management
June 15, 2006
Efecte Corp., a leading Nordic IT asset and IT service management solution provider, has brought to the market a brand-new solution for the centralized management of software licenses and agreements. Efecte® Software Asset Management enables more effective utilization of capital tied up in licenses and of licensing agreements, while minimizing commercial and legal risks.
Software licenses constitute a significant proportion of information management IT costs. Effective utilization of the capital tied up in licenses requires real-time information about the license pool and the elimination of overlap. License management can involve financial and legal risk if the amount of software installed exceeds the level of existing user rights. Information management organizations must also maintain comprehensive information on the present status of licenses, in order for them to also improve their negotiating position with their software partners.
The solution brought to the market by Efecte has been developed to serve information management needs as well as the business operations of the organization. More efficient license management enables those in information management to eliminate unnecessary costs, improve the use of current software, and anticipate purchases. Real-time information on license assets also enhances the planning of support services, standardization, and updates.
“An organization’s operational reliability improves when its activities do not rely on outdated or illegal software versions and when the organization is equipped with sufficient user rights. It is also possible to boost end user satisfaction through centralized license management, because licenses can be allocated quickly and updates performed more easily,” says Efecte Managing Director Jaan Apajalahti.
The centralized solution, Efecte® Software Asset Management, includes such features as automatic software inventory and license allocation as well as version management, automatic alerts, and management of licensing agreements. The software links real-time technical installation data gathered from computers with the organization’s license agreement, personnel, and cost center data.
“Agile license management can influence the effectiveness and competitive ability of an entire organization and achieve cost savings within a short time span. In addition, effective license management protects the company’s valuable assets. Our solution transforms license management into a trouble-free part of routine daily information management, enabling the resources freed up as a result to be focused in other areas,” says Apajalahti.
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