All Articles

The world is getting more complex for companies selling technology. Software and IoT companies must navigate a matrix of monetization and deployment models to deliver the services customers want, in the way they want it.

Once upon a time you bought a license for a piece of software and you could, essentially, run it forever. While much of the market has now shifted to subscription models, 65 percent of producers are still offering perpetual licenses, while 74 percent utilize subscription models for some or all of their products.

While perpetual licenses are still out there, subscription pricing models, and utility pay-per-use models have become increasingly common, especially for SaaS applications.

The growing complexity around licensing models don’t just impact software vendors, it also impacts MSPs.

80% of all software vendors are estimated to be offering subscriptions by 2020. While companies scramble to make this transition, those that establish and follow a comprehensive plan are the ones most likely succeed on the journey.

As the Internet of Things matures, providers of IoT devices and systems have had time to study how businesses utilize their solutions, and are leveraging those observations to inform new features, services, and monetization models.

Don’t overlook these five essentials for making a successful transition to a healthy SaaS business.

The Flexera Software Composition Analysis team recently analyzed data from 134 open source audit projects and found the number of vulnerabilities and license compliance issues that exist in their applications. The results are available in the Flexera 2019 State of Open Source Licence Compliance report.

With so many companies using open source software, it's a wonder that security and governance are not more pressing issues.

This article is the third in a six-part series about monetizing IoT by Flexera's Cris Wendt. In this article, Wendt outlines three areas to consider about your IoT monetization strategy.

Flexera has launched FlexNet Edge, a new component of its Software and IoT Monetisation Platform. The smart edge server enables updates and gathers device data from partially connected or disconnected environments.

New Version Provides Easy MSIX Creation & Conversion and Improved Designer Interface

Flexera releases FlexNet Code Insight 2018 R2

Flexera has released FlexNet Code 2018, according to their press release, this makes it easier for software suppliers to add a new layer of trust and transparency into their software supply chain.

Only a decade or so ago, organisations knew exactly what was being written and used in their software applications because employees were responsible for the building and, occasionally, the management of a few third-party components.

The current trend of automation and data exchange in manufacturing technologies, or Industry 4.0 as it’s called, is revolutionizing the way products are planned, produced, sold and used. As manufacturers transition from the hardware-centric business models of the past to the current digital model characterized by software, data and services, it’s clear that the IoT is shifting company operations and creating new revenue opportunities. Businesses need to have a plan ready to stay ahead of the curve – and the following tactics will boost results if integrated into their respective IoT monetization strategies.

The GDPR is now in full effect. While enterprises have put in a lot of effort to be compliant as of 25 May 2018 when the regulation took effect, compliance with the GDPR isn’t a tick-box activity and so organisations need a comprehensive and ongoing approach to privacy management. They must also document how they collect, process and store personal data. In addition to the GDPR, security fundamentals are essential for other regulations too such as the Payment Card Industry (PCI) Data Security Standard, Health Insurance Portability and Accountability Act (HIPAA) and ISO 27001. Non-compliance has the potential to make the cost of failure far greater than it’s ever been.

Open Source Software (OSS) has changed the way software works. It’s found in almost everything, with almost all new apps and modern systems incorporating some open source components. The vast majority, 78 per cent, of companies run open source software, and two-thirds create software for customers built on open source; but like many things that come free, there are always rules to follow.

Open Source Software (OSS) has changed the way software works. It’s found in almost everything, with almost all new apps and modern systems incorporating some open source components. The vast majority, 78 per cent, of companies run open source software, and two-thirds create software for customers built on open source; but like many things that come free, there are always rules to follow.

Technology companies take pride in moving fast. Moving quickly creates a badge of honor that attracts new customers. Speed also brings new products to market faster and builds stellar reputations. However, that quick momentum combined with emerging technologies can cause process gaps.