Schaumburg, IL - May 28, 2013 - Chinese enterprises, software vendors and intelligent device manufacturers are rapidly adopting global best practices and standards to maximize the value they derive from their enterprise applications while optimizing their spend, giving rise to increased demand for Application Usage Management solutions. To address this rising demand, the company is announcing today the opening of two new offices in Beijing and Hong Kong. Flexera Software currently has more than 700 customers in China.
"We know that implementing Software License Optimization best practices saves enterprises as much as 25 percent of their software spend by drastically reducing license under-use, or shelfware, and over-use - license non-compliance that results in costly 'true-up' penalties from vendors. At the same time, enterprise software vendors and intelligent device manufacturers are leaving money on the table by failing to implement flexible licensing and entitlement management strategies to more effectively monetize their products," said Tom Canning, Vice President, APAC, Flexera Software. "Chinese enterprises and application producers increasingly understand the tremendous competitive advantages that Application Usage Management can deliver. By opening our offices in Beijing and Hong Kong, we can more effectively provide the localized expertise and resources needed to maximize return on software investments."
HiSilicon Technologies Co., Ltd. A subsidiary of Huawei, has implemented Flexera Software's Software License Optimization solution, FlexNet Manager for Engineering Applications, to centrally manage license servers and report on concurrent license usage, and is already deriving significant value from the implementation. HiSilicon's goal was to drive maximum availability of its expensive electronic design automation software to users while minimizing the need to buy additional, unneeded licenses.
"FlexNet Manager for Engineering Applications gives us a proactive, systematic, and comprehensive solution for managing our EDA software licenses, " said Diao Yanqiu, Director, R&D Operations Department at HiSilicon Technologies. "We are achieving a higher level of management compared with the manual, reactive approach we used in the past, which involved waiting for issues to arise and then trying to resolve them. Now, with FlexNet Manager, license availability is improved, as is design team productivity."
Flexera Software develops solutions for both application producers and enterprises. For producers, the company's software Licensing, Entitlement Management and Delivery solutions, FlexNet Producer Suite for Software Vendors, and FlexNet Producer Suite for Intelligent Device Manufacturers - lead the market and are used in more than 20,000 applications. Flexera Software's InstallShield and InstallAnywhere installation solutions are the de facto industry standards, used on more than 500 million desktops around the world.
For Enterprises, governmental and educational institutions, FlexNet Manager Suite, Flexera Software's Software License Optimization solution, is the leader in its category enabling organizations to maximize their return on high-value software investments while maintaining continuing software license compliance. Used by more than 10,000 enterprises worldwide, AdminStudio Suite, Flexera Software's Application Readiness solution, powers an enterprise's Application Readiness process for migrations to Windows 7, application and desktop virtualization, and day to day application packaging operations.
Surveys recently published by Flexera Software, prepared jointly with IDC, underscore the global need for better Application Usage Management Solutions:
"Chinese enterprises and application producers increasingly see the opportunity for savings and increased profits by focusing on Application Usage Management," said Oscar Wong, head of Flexera Software's Hong Kong office. "We have already helped hundreds of Chinese companies solve these challenges, and we are confident that our local presence, combined with our global leadership in this area will strongly position us in the market."
Headquartered in Schaumburg, Illinois outside of Chicago, Flexera Software also has offices in San Jose, San Francisco, Cheshire, Maidenhead, Munich, Beijing, Hong Kong, Melbourne and Tokyo.
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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. 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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