What is Software Licensing?
Fierce competition, the cloud and virtualization are all driving the need for application producers to adopt new software licensing strategies that better meet their enterprise customers' needs. The right software monetization solution will empower producers to combat software piracy and increase revenues by easily enabling new software monetization, licensing, pricing and packaging models.
Make the Most of Your Monetization Strategy
There are many questions that software developers must ask before a new monetization model is added. Specifically, developers should consider when the subscription period will begin and end, what's the right price point so subscription-based licensing will make financial sense, how will revenue recognition change, how should legal agreements be adjusted, what approach will help add customers, and how should sales staff be compensated under the new model, among others.
Breathe Easier: Secure IoT May be Simpler Than First Thought
The Internet of Things (IoT) has some great promise attached to it. A system that will run like the Internet itself does, but using everyday appliances as nodes operating almost like websites means that many things previously unavailable to users suddenly will be. All those connection points, however, leave many worried about issues of security. A new report from Flexera Software's Software Monetization blog details how IoT security may be closer to hand than expected.
BIO-key Licenses Biometric Technology to Develop Apps with Better Security
BIO-key recently announced that it had entered into a software licensing purchase agreement with China Goldjoy Group Limited (CGG). Under the terms of the $12 million agreement, BIO-key will have exclusive rights to source code developed by CGG subsidiaries used in the FingerQ biometric software portfolio.
There's a Better Solution to Monetization
A recent conversation with a colleague who works in graphic design centered on a new software purchase. He recalled the college years where it was common for students to share software so as to reduce the cost of purchasing said software. While this certainly broke the rules of software licensing, the poor college student generally cares little for the monetary loss of any big business. Right or wrong - this is the reality.
BlackBerry Uses Software Monetization to Reinvent Itself as EMM and IoT Player
Remember BlackBerry, a company that once had the reputation as the leading global personal device manufacturer? The days of BlackBerry's dominance as a hardware player are long gone, thanks to competition from Apple and Android. And while BlackBerry still plays a niche role in the hardware space, the company has managed to remain profitable, driven by its high-margin, high-growth software unit.
Display Firm Demonstrates How to Change with the Times
Nimbleness is more than just a virtue in business today-it is a necessity. The barriers to entry are less, technology is constantly changing the game, and competition in almost every industry has expanded thanks to the Internet and global markets. Meeting that challenge requires constant adjustment in both product offerings and business practices.
You May Not Love License Management But You Need It
Building a better product is at the core of most software development firms. Developers didn't get into programming because they love software licensing or monetization (although nobody minds earning money for their creations!). Most developers got into the game because they knew they could fill a need or build software that was better than what currently was on the market.