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Revenera, producer of leading solutions that help technology companies build better products, accelerate time to value and monetize what matters, today released the Revenera Monetization Monitor: Software Piracy and Compliance 2022

“Software usage analytics trends are maturing. Vendors are looking to automate and optimize how they analyze usage, reducing the reliance on manual processes by nearly 10 percentage points since 2021,” said Nicole Segerer, SVP and General Manager at Revenera.

“I’m so grateful that our employees have given us this award for the eleventh consecutive year,” said Jim Ryan, President and CEO of Flexera. “While we’re a global company, our roots and headquarters reside in the Chicagoland area and our local team is a key part of our culture.”

In exhaustive research over the past decade, Frost & Sullivan closely followed the usage analytics, software enforcement and entitlement category. After a deep review of vendor solutions available in 2022, the firm determined that:

Revenera offers out-of-the-box solutions and integrations that support various business models.  Revenera has a long history in the software industry and is the de facto standard for many segments. Its monetization platform offers solutions and integrations that enable software publishers and device manufacturers to implement a wide range of digital monetization models for cloud, SaaS, on-premises, and embedded applications. The transition from a hardware to a software model can seem daunting for many software vendors and device manufacturers.

“Software companies have been embracing SaaS and subscription models for years. It’s clear that they’re continuing to accelerate this move, while also maintaining existing products that still hold a lot of customer value and revenue,” said Nicole Segerer, SVP and General Manager at Revenera. “In order to support a hybrid product portfolio and run a successful transformation, suppliers also need clarity into how their products are being used, an area that shows room for improvement.

“Revenera SBOM Insights enables software suppliers to ingest data from a wide range of sources, unifying all SBOMs across the organization into a single, actionable view to easily identify outdated components, security vulnerabilities, and open source license compliance issues,” said Nicole Segerer, SVP and General Manager of Revenera.

Great Place to Work® is the global authority on workplace culture.

Flexera’s certification is driven by an employee engagement survey that measured the extent to which employees across the organisation reported a consistently great workplace experience, considering factors such as their daily encounters of innovation, inclusivity, company values and the effectiveness of its leaders.

“OpenChain and Revenera share a value: we both want to increase trust and transparency in open source software usage. Our adoption of the OpenChain specification further demonstrates our commitment to lead by example.

The Revenera report analyzes data from more than 100 open source audit projects conducted in 2021, identifying trends related to companies’ use of open source software (OSS) and their awareness of the associated license compliance and security risks. This global, cross-industry study evaluated more than 2.6 billion lines of code and found that companies are only aware of 17% of the open source components they use, a 4 percent increase in the past year.

Highlights from the Revenera Monetization Monitor: Software Piracy and Compliance report include:

This is the fifth year Revenera has been named a winner in the IoT Breakthrough Awards program. It was previously recognized for three years running as the “IoT Enablement Company of the Year for the Enterprise Market” and was first recognized as the “Overall Enterprise IoT Platform of the Year” in the 2021 awards.

This is the fifth year Revenera has been named a winner in the IoT Breakthrough Awards program. It was previously recognized for three years running as the “IoT Enablement Company of the Year for the Enterprise Market” and was first recognized as the “Overall Enterprise IoT Platform of the Year” in the 2021 awards.

MSIX, Microsoft’s packaging format, is the newest replacement for the Microsoft Software Installer (MSI) and Setup EXE installer technologies that have been around for decades. MSIX continues to gain acceptance and adoption because of the benefits it brings in terms of security, ease of use, and reliability in application installations. Revenera’s InstallShield helps software producers build MSIX packages for this new, modern runtime environment intended to protect both their applications and end-user systems.

“Our report clearly shows that product management teams have done their homework. Seventy percent of companies are collecting software usage insights today. This number will only grow. Without data-driven decisions, innovation and revenue growth can be stymied,” said Nicole Segerer, VP of Products and Marketing at Revenera. “However, simply collecting data isn’t enough: leading companies automate the process and access to the data to get the best possible results out of their usage insights.”

“Receiving this award for the tenth consecutive year reaffirms that our culture continues to be one where employees feel supported, connected and valued,” said Jim Ryan, President and CEO of Flexera. “On behalf of our company and our customers, I thank our employees for giving us this honor again.”

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

“Revenera continues lead in the monetization, software composition analysis and installation markets, in part because we spend so much time and energy listening to our customers and continuously delivering value. The software industry is adopting subscription broadly, and it is more aligned with our customer-centric business philosophy,” said Brent Pietrzak, SVP and General Manager of Revenera.

Industry-Wide Move to Subscription

“Software companies are looking for ways to move to SaaS offerings and recurring revenue. While the transition accelerates, they must also deliver on the needs of their end customers, who might not be able to move at the same pace. The result is a robust mix of monetization and delivery models that technology companies offer today,” said Nicole Segerer, VP of Products and Marketing at Revenera. “Suppliers that want to get ahead of the growing complexity invest in better understanding product usage so they can make better informed roadmap decisions.”