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....
Looking to better understand how the engineering and R&D teams are using engineering software? Increasingly more companies are having open conversations about data-driven analytics and decision making. Is your company or organization working on better monitoring...
Can engineering software management help your company make smarter business decisions. https://www.youtube.com/embed/4MI7KwZFf2E The pandemic has forced many companies to face budget cuts. Is this a good time to consider how your company is using expensive engineering...
How much is your CAD/CAx/EDA/Simulation/PLM/Math costing your team, department or company? Engineering and manufacturing companies spend $1,000's on expensive engineering software year after year. But do they have a clear picture of where it goes or whether it is...
Our team has put together a scale of how companies use engineering software licenses. With the economies of scale, you can also see how tool cost per engineer goes down as you move to the right. https://www.youtube.com/embed/x0vFjCrzao8 Level 1 - Reactive Most...
Did you know that unused engineering licenses could be costing you thousands? Just think about all of the wasted money that your department may have invested in. This is especially crucial right now when smart decisions about these investments are even more important...
https://www.youtube.com/embed/wauNf8oW7e8 Say we are looking at EDA applications (i.e. Mentor Graphics), they request a feature / license from centralized licenses server. Vendor daemon see if you are allowed to obtain one. The idea is that these floating licenses can...
Engineering teams often use different software licenses for one simple reason – structure. The way teams and divisions are organized directly affects which tools they use and how they use them. Let’s take an example from a company with several product divisions, each...
Are you late to prepare for Vendor Renewals or License remix? Most vendors offer an opportunity to remix licenses every 3 or 6 months. How much do you know about your current engineering licenses? With many companies facing staffing changes, have your license needs...
Was it just yesterday that your company was part of a small incubator trying to get initial funding and now you have a team of 25 or more engineers? Tomorrow, you might be facing a merger & acquisition, planning your exit strategy or planning to grow the business...
The number of license managers / servers has increased and we often get asked which license managers we support (check out full list here). In these changing times, managers often face the challenge of rearranging engineering license estates or managing different...
Engineering teams are looking for ways of saving money. You are probably spending a lot on CAD / CAE / CAM / PLM software. Ask us how we can help you save ~20% of that cost. If you are hiring more people on your team or making any adjustments in staffing, are you...
In today’s fast-changing engineering world, managing software costs effectively is more important than ever. Many companies don’t realize they are overspending on engineering software. Not because they need more tools, but because they are not managing their licenses...
A CIO article reported about a study that highlighted that “U.S. organizations wasted $30 billion on unused software over the course of a four-year study.” Does your company spend money on engineering licenses that the team does not use? How much is your company and...