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Revenera's IoT Monetization Platform helps device companies grow recurring revenue, activate features on demand, and gain product insights while reducing onsite service needs. In 2024, the platform expanded with Dynamic Monetization and now manages more than $46B in revenues and 71M licenses across 40M devices.

Only 38% of respondents report the ability to gather product usage data “very well.” Among this group with the greatest ability to gather product usage data, more than half use these insights for product roadmap decisions. The top application of product usage data is to identify upsell opportunities, followed closely by identifying customer churn/retention risk.

Revenera, producer of leading solutions that help technology companies build better products, accelerate time-to-value, and unlock new revenue opportunities, today released the Revenera Monetization Monitor: Software Piracy and Compliance 2025 Outlook report.

As software suppliers work to drive profitability, extensive reliance on usage-based pricing is more prevalent than a year ago. Successful initiatives must overcome the biggest barriers to the growth of annual recurring revenue: delayed time to market-for-new features/enhancements and customer acquisition.

The Revenera OSS Inspector plugin enables developers using IntelliJ IDEA, an integrated development environment (IDE), to examine, within the IDE itself, the licenses and security vulnerabilities associated with the OSS components used in the application code. Without leaving the IDE, developers can immediately assess security risks to determine whether they require further review and remediation.

Dynamic Monetization is a new cloud service that allows technology companies to introduce flexible monetization models for connected software and devices. Dynamic Monetization joins Revenera’s monetization platform alongside existing Cloud Monetization and on-premises licensing and monetization services. The monetization services complement Revenera’s Entitlement Management platform, a single, integrated back-office system that enables the management of software entitlements throughout the revenue lifecycle and ensures rapid revenue recognition.

“Flexera and Snow share the same mission to maximize the value of technology for our customers.” said Jim Ryan, President and CEO of Flexera. “By joining forces, we bring together unrivaled domain expertise, unmatched technology data and intelligence, and the ability to deliver even more business outcomes for our joint customer base. Flexera’s acquisition of Snow unlocks new opportunities for hybrid ITAM and FinOps. We are excited to broaden the capabilities for customers and partners of both companies.”

The 2024 IoT Breakthrough Award recognizes the breakthrough innovation of Revenera’s IoT Monetization Platform that helps companies securely monetize their IoT stack (edge-to-cloud) through flexible packaging and monetization models, embedded licensing technology, and both cloud monetization and web services to connect SaaS apps. 

Revenera’s IoT Monetization Platform helps device companies that are moving to a software-based model: grow recurring revenue, activate features on demand, enable product insights (in both connected and disconnected environments), and minimize onsite service. 

Revenera’s platform, which has helped some clients more than double software revenues: 

Worldwide IT spending could reach $5.1 trillion in 2024, according to Gartner. It is estimated that up to 32% of this spend is wasted. Together, Flexera and Snow will provide deeper visibility and greater insights into the assets, technologies, terms of licensing and usage that comprise this spend and associated risks. Flexera and Snow will offer an expanded global footprint, a powerful strategic partner network and expanded IT Asset Management (ITAM), SaaS Management and FinOps capabilities.

“Profitability and stable growth are important traits for a well-run software business. On the run to SaaS and modern business models, many suppliers miss out on significant revenue opportunities from piracy, overuse, and misuse. Those that have and take action on insights into unlicensed use often have better growth rates to report, and more funds available to ignite innovation and new offerings,” said Nicole Segerer, SVP and General Manager at Revenera. “Many suppliers still aren’t even aware of how much revenue is lost.

“Software producers recognize the importance of usage data. Many, though, have room to grow as they work toward optimized software usage analytics practices that can aid everything from product roadmap decisions, product pricing, user interfaces, and more,” said Nicole Segerer, SVP and General Manager at Revenera. “The vast majority of survey respondents, 97 percent, either gather product usage data or plan to do so, yet almost a quarter of respondents collect telemetry data but let it go to waste.

“Software suppliers aim to grow recurring revenue and streamline operations. To achieve this, they’re relying on software-as-a-service (SaaS), the most widely used deployment model today, and subscription/term and consumption monetization models,” said Nicole Segerer, SVP and General Manager at Revenera. “Software companies are looking to apply pricing and packaging changes faster, but we also see that time to market for their products often falls behind timing expectations.

Hosted by the Linux Foundation, the OpenChain Project maintains the international standards OpenChain ISO/IEC 5230 for open source license compliance and OpenChain ISO/IEC DIS 18974 for open source security assurance programs.

Great Place to Work® is the global authority on workplace culture, employee experience, and leadership behaviors proven to deliver market-leading revenue, employee retention, and increased innovation.

To optimize a software bill of materials (SBOM) and make it actionable, accurate reporting is required about the vulnerabilities (known and unknown) inside applications, as well as about the level of impact and exploitability of those vulnerable components. Because the security state of a given SBOM is always changing, it is imperative that a view into the current state is available for downstream partners and customers.

Revenera's IoT Monetization Platform includes entitlement management, software licensing, and software delivery updates. It empowers customers to securely monetize software and the entire IoT stack—edge-to-cloud. It provides a central view of customers, software, and devices. It delivers automated use rights management, detailing customer entitlements and usage.

Revenera's IoT Monetization Platform includes entitlement management, software licensing, and software delivery updates. It helps intelligent device companies move to a software-based model to grow recurring revenue, activate features on demand, enable product insights, and reduce the need for onsite service.