SANTA CLARA, CA - Apr 3, 2007 - Macrovision Corporation (NASDAQ: MVSN) today introduced a new version of its FlexNet Manager product, version 11.0. This release includes new capabilities to help enterprises reduce the operational cost of software administration and gain a better understanding of how software licenses are being used globally throughout their organization.
The new version incorporates an enhanced report configuration wizard, a new report to help manage software usage and improved product performance capabilities. These new features, combined with FlexNet Manager's customer tested centralized license usage tracking and accurate real-time reporting capabilities, help provide IT administrators with increased productivity and greater compliance with software license contracts.
ARC Advisory Group estimates that enterprises will spend a total of $1.5 billion this year on asset management software*. The process of managing software assets has become a priority for CIO and IT Managers. Chartered to decrease costs and increase productivity, many are leaving behind time-consuming manual practices and using automated license management software to reduce their IT spending and improve the quality of generated data.
"Corporate IT leaders in organizations of all sizes need a simple yet powerful automated tool to effectively purchase and manage their software licenses," said Corey Ferengul, senior vice president of Product and Solutions Management at Macrovision. "With FlexNet Manager 11.0, IT leaders are able to purchase the precise number of licenses they need, which can lead to decreased licensing costs. FlexNet Manager also allows them to manage the reporting function with greater control and help them eliminate the data inaccuracies that occur with a manual process."
FlexNet Manager 11.0 provides real-time usage alerts and updates (versus the traditional queried inventory model) to asset managers whenever license usage is nearing or exceeding set limits. Other enhancements introduced in FlexNet Manager 11.0 include:
FlexNet Manager is a featured product in Macrovision's Software Compliance and Software License Management Solutions, for Corporate IT and Independent Software Vendors.
*ARC Advisory Group, Market Consolidation Enterprise Asset Management, March 2007
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 and technology asset data more profitable, 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 procuring software, helping companies buy only the software and cloud services they need, manage what they have, and reduce compliance and security risk. The Flexera RightScale multicloud management and cloud cost optimization solutions enable enterprises to drive top-line revenue while optimizing cloud usage to reduce risk and costs. Powering these solutions and the entire software supply chain, Flexera has built the world’s largest and most comprehensive repository of market intelligence on technology assets. In business for 30+ years, our 1300+ employees are passionate about helping our 80,000+ customers generate millions in ROI every year. Visit us at www.flexera.com.
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