As growth resumes, engineering managers must be agile and well-prepared. In today’s constantly changing environment, access to accurate and timely reporting about engineering software licenses is more important than ever. Engineering teams recognize that high-value...
You may be wondering how many licenses do I need? What are some of the considerations for right-sizing engineering software - Solidworks, Autodesk, NX or any other? How is the engineer productivity impacted by availability or lack of engineering licenses? Current...
Many companies are challenged with the question of “How do you innovate?” In our recent blog, we talked about innovation. Today’s world is becoming increasingly dynamic with a wide variety of tools. How can you keep up with ever-evolving and changing environment? The...
Has the pandemic affected your organization? Are there changes in staffing, priorities and geographies? Make sure you have an up-to-date, accurate software inventory. Did you know that there is an easy solution to monitor and manage all of your engineering software...
Did you know that you can save close to ~$50,000 on CAD / CAE / EDA / PLM tools? COVID-19 has forced many engineering organizations to downsize. With downsizing, your need for CAD / CAE / EDA / PLM tools will decrease. But by how much? In order to properly size your...
The current economy and the pandemic has emphasized the need to cut costs and preserve cash on hand for all companies. Workplaces are changing and trying to navigate and optimize their processes. Is now the time to consider your engineering software asset inventory?...
You are probably using a number of different engineering software programs for design. But do you have a method currently to track whether you have more licenses for the software than is needed?Or where use is so low on some software, it would be more economic to move...
The last couple of months have been a challenge for companies big and small. Engineering departments around the world are trying to figure out the best ways to manage and contain costs and meet ever-changing demands. Many know just how expensive engineering software...
It's 10PM, and you need to use one of the engineering licenses (Autodesk, Ansys, Siemens NX, Creo or any other tool). There is an urgent need to either make modifications for a current project or design something new. Or there is a need to cut...
Are you faced with higher AutoCAD license fees due to being forced to the Autodesk named-user license model? Before migrating to Autodesk named-user licensing, fully understand your AutoCAD license usage with LAMUM and consider potential savings. You are...
With many engineering teams now working remotely or in hybrid environments, understanding how your EDA (Electronic Design Automation) software is being used has never been more important. Are your licenses being fully utilized? Are there specific times or users that...
Many companies have had specialists write home-grown code. It was was written long ago and has been in use for some time. Although limited, perhaps out of date, it is installed and working, and probably doesn’t cost anything. But what are some considerations? What...
In the past, obtaining engineering software applications meant a purchase of a perpetual license, with annual maintenance, which is typically 20% of purchase cost per year. This is still the most popular approach. Subscription Licenses However, Vendors are pushing...
There must be a better way to manage and track the growing costs of engineering software licenses and their associated resources. Whether in electronics, mechanical design, or advanced manufacturing, engineering software has become indispensable for innovation and...
A few years ago, during an intensive User Acceptance Testing (UAT) phase, a familiar scenario unfolded: “Why are Robert and his team using advanced features in the model viewer? I’m not sure we have enough licenses for this new version. How did we miss this?” For many...
Remote and hybrid work have become a normal part of the modern workplace, and engineering teams are no exception. Many organizations are now planning for flexible working arrangements that allow engineers to work from any location. The FlexNet BORROW function helps...
Do you have a license Asset Management system? A good License Asset management system begins by having an accurate idea of: What you currently own How/when you bought it Its cost Its restriction of use And its expiration date Once you know these, it becomes easier to...
Negotiating software renewals can be stressful – especially when budgets are tight and every department expects access to the tools they need. Overestimating software requirements can lead to overspending, while underestimating consumption can cause costly shortfalls...
Whoever said, “Throw caution to the wind, we will get through it OK,” has likely never faced the compliance and audit teams from the world’s largest software vendors. Software licensing today has become a science of its own – or as many senior managers would put it,...
A crucial part of successful budgeting and cost reduction for engineering licensed assets is knowing what licenses your organization has. Would you be able to easily know and report on the type and number of licenses you have? Is your spreadsheet with that information...