How much are you spending on Engineering Licensing?Do you know how much you could be saving or how to leverage data to make sure you are not spending too much? It may sound like a pop quiz, but these are crucial questions with answers that can affect production rates,...
The Pandemic has caused all of us to rethink what can be considered normality. Ensuring your remote workforce is set up for success has become a true necessity. The past year has forced many companies to re-evaluate how the day-to-day operations are being managed with...
It seems like only yesterday that Perpetual licenses were the only method to purchase Engineering Software, paying a maintenance fee annually was the accepted practice. However, the creeping increase in annual maintenance costs, speed of IT transformation and the...
This blog is part of TeamEDA's broader resource on software license management. If you are new to the topic, that is a good place to start before diving in here. Many think of SAM (software asset management) as a glorified spreadsheet for listing licenses and vendors....
Do you have compliance milestones your team is trying to meet? Are you looking for ways to optimize your discretionary engineering spend and make decision-making faster? TeamEDA can offer a single repository for monitoring usage. If the estimate is overestimated: The...
Are you facing budget cuts or constraints this year for your R&D team? Have you been putting off the analysis of your AutoCAD, GIS, CAD, CAM, Simulation, EDA, PLM, etc. license performance? Everyone is feeling the pressure of budget cuts and constraints. Are the...
Engineering teams around the world are being forced to re-evaluate just about every aspect of their spend and operations. For those who can ride out the storm, managers have important decisions that need to be made. Here are a few considerations: Software Licensing:...
What risks should be considered? Risks could be in the shape of legal, financial or operational. It is also important to look at what companies can do to mitigate risks. Legal Risks Use in geo-graphic zones outside of contractWAN vs LAN licensesShort term emergency...
Here are a few do’s and don’ts when facing a software audit Do's Discuss with a legal specialist, there are many defense options –Get confidentiality agreements in place.Locate receipts and PO’s – SAM tool makes this so much easier.Consider where the alert come from,...
We are seeing a rise in software audits in the Engineering Software vertical. Just last week one of our clients was being Audited by Ansys. There are two main reasons for Audits: Combat software piracyContract Non–compliance Both can result in fines and are driven as...
Has your company been thinking about the best way to implement an enterprise software asset management solution? It sounds great for overall business management and support. But it can take years to evaluate (with appropriate due diligence) and then implement? You...
Managers are consistently looking for cost-cutting measures to ensure the longevity of their organizations. Regardless of how long the current pandemic lasts, managers must think about how their teams are spending engineering resources (CAD, CAM, CAE, EDA, PLM, and...
Are you working on a software optimization project – perhaps Microsoft optimization? Don’t forget your engineering teams as part of this project. When looking at which software and license to consolidate, make sure you have the data you need for license...
At TeamEDA we assist global companies with license usage analysis for Engineering Software (CAD, EDA, Simulation, Math, etc.) and assist them in identifying costs savings, on average 20% of their annual license spend. We are proud to have helped many companies choose...
Are you seeing more requests for software audits? Due to the COVID-19 pandemic, companies are rightsizing and focusing on gaining control of their engineering software environment to remain compliant. Software vendors are faced with renewals with lower license counts...
This blog is part of TeamEDA's broader resource on software license management. If you are new to the topic, that is a good place to start before diving in here. Address Key Engineering Software Asset Management Pain Points There have been some conversations in the...
Are you investing in your engineering software wisely? Maximizing your engineering software assets can help you: Eliminate redundanciesConsolidate licensesNavigate licensing agreementsStay on top of contract renewalsBetter software negotiationImprove resource...
Managing engineering licenses? Did you know that there are different licenses and 2 types of metrics you can monitor: Active Metrics - Floating / network licenses (LAMUM)Inactive Metrics - Node-locked and Named-users (LAM) With these licenses, engineering license...
Over the years, we are proud to have built a comprehensive engineering management solution that addresses many job functions and industries. Ask us how you can save on your engineering software spend.
Do you have the tools needed to optimize your engineering software applications? Many companies may be running their own scripts. Read our whitepaper on this topic - License Asset Manager vs. Do It Yourself / Home-Grown Solutions for License Monitoring....