Software is a significant and often growing portion of AEC firm costs. Changes to software costs can have a big impact on profitability. There are 3 main activities that should be part of every Finance and IT leader’s 2018 license planning.
Every year at renewal time, the question “How many licenses do I need?” drives the beginning of a frustrating data gathering process. For metered applications, the simple answer is to determine how your peak number of users compares to your number of licenses. The reality is that (especially for firms consolidating licenses, using application suites, using several similar versions, or with expensive engineering applications) calculating an optimal answer is much more complicated.
In a previous post we discussed some of the recent trends occurring in the Asset Management space, including applications in the cloud (here). This week, we’ll share our thoughts on the implications of cloud-based license keys on use analysis.