If you are a business owner or manager, you know that software asset management is a critical part of your business success. Software can be very expensive, and lack of control and understanding of how your software licenses are being used can negatively impact decision making.

License Statistics provides detailed license usage reporting, helping you gain control over your IT assets and improve your company's business operations and profitability. Supporting 30+ license managers, License Statistics provides more software tracking flexibility than any other tool on the market. In addition, it's easy to install and configure, and has a straightforward user interface accessible from a web browser from any location in the world.

One of the biggest challenges companies are faced with is managing licenses from vendors such as Autodesk, MSC and thousands of other engineering applications that use floating licensing. With floating licensing there is a license server which manages license checkouts. Sometimes users are denied access to particular applications. This happens when all licenses have been checked out. That is a very undesirable situation, because if a user cannot get his license, he simply cannot do his work. Although the next step could be to approach management and make a request to purchase more licenses, it would be more efficient to use License Statistics and gather information to answer the following questions:

With the above information, one can now make a solid justification for the need to purchase more licenses. On the other hand, License Statistics can also help discover that there may be more licenses than necessary, meaning that the company is overspending on purchases and software renewals.

For more information about how License Statistics can help you make smart decisions for software budgeting, see Enterprise license management with License Statistics: use cases.