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...
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...
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. In today’s competitive world of product development, every organization’s structure, from its teams to its...
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...
Chargebacks for engineering software are crucial but take so much time. Engineering teams are consistently asked to align with business objectives by ensuring costs and charges are billed back appropriately by project, department, or individual manager. What if there...
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...
As a manager, you’re in charge of many aspects of your department. Are you and your team spending your time effectively? You know you need to be prepared for and anticipate the ever-expanding expectations. In the current economy and state, it is often a a greater...
In many global companies, engineering teams are spread around the world. Are you responsible for hundreds of Autodesk, Siemens, PTC, Creo or Solidworks licenses? For example, do you have 20% of engineers working in UK that would require their own engineering licenses...
This article – “An introduction to Engineering software” was written by Rich Gibbons, ITAM Review and Paul Empringham, European Sales Director, TeamEDA. Originally published in the ITAM Review. Here in this post, we’ll summarize the key points shared by Rich Gibbons...
Often times, the engineering teams are spread across the world in various functions. What is the most effective way to communicate who is using which FlexLM (or a different engineering) license, when and where. LAMUM provides a bird’s-eye view of all the engineering...
There has recently been a lot of articles about designing chips with AI (artificial intelligence) in them. TechExplore recently discussed recent trends and how the costs are affecting the manufacturing of chips. A McKinsey study highlights that this could bring in...
There has been a long-standing conversation of who is responsible for purchasing decisions for the needed software engineering and R&D teams need. Should it be high-level leadership like CIOs or more of the functional units themselves? Of course, it is valuable to...