Solutions Helps Corporate IT Reduce Costs and Optimize Software Spending; ISVs Increase Revenue and Auditing Productivity
SANTA CLARA, CA - Feb 7, 2007 - Macrovision Corporation (NASDAQ: MVSN) today announced the availability of two new solutions that provide independent software vendors (ISVs) and corporate IT with a centralized view of how and where software applications are being used throughout the enterprise. The solutions provide Corporate IT and software vendors with an automated system to track software license usage in order to reduce the inaccuracy and guess-work associated with manual license tracking and enable a more efficient way of capturing customer usage and anticipating software expenses.
To date, IT organizations are still devoting major staff resources to database monitoring and compliance reporting. Among organizations with more than 5,000 employees, 80 percent require four or more full-time employees to manage data compliance, with 24 percent needing more than 10 full-time employees, according to a December 2006 Oracle Applications Users Group (OAUG) survey*.
The two Macrovision solutions announced today to address this issue are the Software Compliance Solution for Corporate IT and the Compliance Monitor Solution for ISVs.
Macrovision's Compliance Monitor solution enables ISV's to increase revenue by capturing, monitoring and reporting actual usage of their products and services, including those already deployed by their customers. It effectively monitors new and existing usage of installed software without product modifications and eliminates the costs and inconveniences of physical audits.
The Software Compliance Solution for Corporate IT provides enterprises with tracking and reporting technology to help them eliminate casual and unintentional misuse of software and reduce administration time by automating and centralizing license management tasks. With an in-depth understanding of how software is being used and allocated across the business, enterprises can maintain compliance with vendor license usage contracts and fulfill software usage requirements.
For instance, Freescale Semiconductor, Inc. has realized efficiency improvements using Macrovision's license management products as part of their overall solution for Corporate IT. As the company focuses on designing and manufacturing embedded semiconductors for a wide variety of industries, it needs precise and real-time automated solutions to help meet increasing work flow demands and accurately forecast future needs.
"Without license management solutions like this, tracking usage data and historical reporting would be more cumbersome if not impossible. This would hinder us from properly forecasting future software needs," said Dan Griffith, manager, EDA Business Relations and Asset Management for Freescale Semiconductors. "Using tools like this, we are able to more accurately track license usage and maintain central control over purchasing decisions. Armed with the real-time trend analysis and usage reports that these tools provide, we've realized efficiency gains as well as the benefits of being able to efficiently generate reports that help us make important strategy decisions."
"Our solutions underscore our commitment to helping our customers work more efficiently, reduce expenses, and increase productivity," said Fred Amoroso, CEO of Macrovision. "With our compliance solutions, enterprises have access to an efficient tracking and reporting system to effectively manage their IT infrastructure and make strategic business decisions on software spending, and ISVs have an easier method for verifying increased software use with their new and current customers."
*The December 2006 report, "Automating Compliance: The Role of Automation in Database Compliance Monitoring," was commissioned by the OAUG, in cooperation with Guardium, and published by Unisphere Research, which specializes in tracking trends in the database industry.
Flexera is reimagining the way software is bought, sold, managed and secured. We view the software industry as a supply chain, and make the business of buying and selling software more transparent, secure, and effective. Our Monetization and Security solutions help software sellers transform their business models, grow recurring revenues and minimize open source risk. Our Vulnerability and Software Asset Management (SAM) solutions strip waste and unpredictability out of buying applications, helping companies purchase only the software and cloud services they need, manage what they have, and reduce license compliance and security risk. In business for 30+ years, our 1000+ employees are passionate about helping our 80,000+ customers generate millions in ROI every year. Visit us at www.flexera.com.
For more information, contact:
*All third-party trademarks are the property of their respective owners.