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Flexera Software Recognized for Innovation in Enterprise IoT with 2020 IoT Breakthrough Award

Annual IoT Breakthrough Awards Program Honors Standout Internet-of-Things Companies and Products


Itasca, IL - January 7, 2020 Flexera, a demonstrated leader in software installation, open source software scanning, and software monetization, today announced that it has been selected as the winner of the “IoT Enablement Company of the Year for the Enterprise Market” award in the 4th annual IoT Breakthrough Awards program from IoT Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies, and products in the global Internet-of-Things (IoT) market.

The Flexera IoT Monetization platform brings together the data and processes needed to implement new software and data-driven IoT business models. Flexera enables recurring revenue streams from digital solutions and provides valuable usage insight. Intelligent Device and Enterprise IoT companies using Flexera’s Monetization platform can be flexible and agile as they manage applications, devices, features, and updates electronically, always delivering new value to their customers. Flexera’s Monetization Platform manages more than 10 million users, tens of millions of entitlements, and 100+ million software and device updates per year and is a recognized market leader in the space.

“Companies that want to grow their IoT and intelligent device business are under pressure to adopt new business models and monetize their digital solutions, from the edge to the cloud,” said Nicole Segerer, VP of Marketing and Enablement at Flexera. “Our solutions enable them to drive success with new IoT monetization models and align price with value and roadmap with needs. Customers can manage, update, and monetize a full range of devices, get usage insights, and differentiate through premium features. This 2020 IoT Breakthrough Award designation is a fantastic validation of the success achieved this year.”

The mission of the IoT Breakthrough Awards program is to recognize the innovators, leaders, and visionaries from around the globe in a range of IoT categories, including Industrial and Enterprise IoT, Smart City technology, Connected Home and Home Automation, Connected Car, and many more. This year’s program attracted more than 3,700 nominations from companies all over the world.

“Flexera solutions empower their customers in a secure way, helping them realize the earning potential of IoT, supporting all levels of connectivity and business,“ said James Johnson, managing director at IoT Breakthrough. “Including some of the biggest Industrial IoT players in the world, Flexera’s customers are realizing the potential and value of IoT, and we are thrilled to recognize the company as a ‘breakthrough’ leader in the IoT ecosystem. Congratulations to the entire Flexera team on their well-deserved designation as ‘IoT Enablement Company of the Year for the Enterprise Market’ in our 2020 awards program.”

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Revenera helps product executives build better products, accelerate time to value and monetize what matters. Revenera's leading solutions help software and technology companies drive top line revenue with modern software monetization, understand usage and compliance with software usage analytics, empower the use of open source with software composition analysis and deliver an excellent user experience—for embedded, on-premises, cloud and SaaS products. To learn more, visit www.revenera.com.

ABOUT IoT BREAKTHROUGH

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the IoT Breakthrough Awards program is devoted to honoring excellence in Internet-of-Things technologies, services, companies and products. The IoT Breakthrough Awards program provides a forum for public recognition around the achievements of IoT companies and products in categories including Connected Home and Home Automation, Connected Car, Industrial IoT (IIoT) and Smart City, Consumer IoT and more. For more information visit IoTBreakthrough.com.

For More Information, Contact:

Bret Clement
revenerapr@clementpeterson.com

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