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eWEEK DATA POINTS recently reported about the SaaS sprawl, but the same concept applies to engineering license management. Managers need accurate data to: Understand company engineering software license usage Effectively adjust and renew licenses Forecast future usage...
Whether you work for an oil & gas or AEC company, your team is most likely using Tekla by Trimble. But how are your engineers using it? Would you like to see usage reports and make sure your team is getting the most of the tool. Make sure your structural and...
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...
Companies are continuing to invest rapidly in new Digital Design, Simulation, Management and Service lifecycle software toolsets to achieve a Digital Twin that suits their needs. Many of these run on FlexLM (or similar) license mechanisms, hence we would like to show...
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...
We have discussed the complexity of product development in our blog before – of how much various software is involved and how different teams use it differently. For example, a recent article in Electronic Design looks at the example of launch vehicle (and the various...
TeamEDA (License asset and monitoring platform for Engineering tools) and Zemax LLC have collaborated over the last couple of months to integrate Zemax OpticStudio, LensMechanix, OpticsBuilder and OpticsViewer licenses into the LAMUM monitoring engine. “Customers may...
Address Key Engineering Software Asset Management Pain Points There have been some conversations in the news this week about key pain points in engineering Software Asset Management (SAM). What are the biggest challenges your organization has? (See article in CIO...
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.
Did you know that the industrial and factory automation industry segment is expected to reach $295 billion by 2025? The U.S. Commercial Service, export promotion arm of the Department of Commerce's International Trade Administration, recently highlighted the demand...
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...
Siemens recently published a post about “Simplify Machining Complexity using Integrated Toolpath Analysis.” They address that many machinery shops are looking at their margins and trying to optimize their processes. Did you know that one of the areas where teams and...
IDC has released a report that the budget spend on digital transformation has not been as largely impacted as originally predicted with the COVID19 impact. In fact, global spending on DX technologies and services is forecast to grow 10.4% in 2020 to $1.3T. (Check out...
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...
MathWorks is considered one of the most popular and industry-standard for mathematical programming, prototyping and engineering simulation. There is a large library of Toolboxes and applications under MATLAB and Simulink product families. This makes monitoring and...
Your team may have had basic processes for managing licenses over the years. But how well are you managing these licenses and at what level are you on the engineering software license asset maturity index? Is there a way to automate costly manual processes of managing...