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. Here in this post, we'll summarize the key points shared by Rich Gibbons about engineering software tools, and...
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...
In the face of the COVID-19 crisis, companies are re-evaluating the needed commercial engineering and R&D tools. Many teams are returning back to the office, but the future is still unclear. Teams do know they now need to move even quicker in their decision making...
Look at Existing Engineering Licenses Before Buying more - Don't buy more licenses than you need. This past week, there have been a number of defense companies announcing major hiring events. Managers need to understand current usage trends and inventory levels to...
Consumer electronics often involve a variety of engineering products throughout the life cycle. Let’s take a printer for example: There are CFD apps to design flow of ink from cartridge to paper EDA for any PCB, chip, processor on board printer, and PLM to manage the...
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...
Siemens Delivers Artificial Intelligence-powered CAD Sketching in NX Siemens Digital Industries Software has recently announced in their press release that their new NX Sketch software tool can be used for capturing concepts in 2D. Here are a few highlights: Users can...
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...
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. We have recently had many discussions at TeamEDA about the need for innovation and that companies must...