NOVEMBER - 2019CIOAPPLICATIONS.COM6Copyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.November - 04, 2019, Volume 05 - Issue 60 (ISSN 2644-240X) Published by ValleyMedia, Inc. To subscribe to CIO ApplicationsVisit www.cioapplications.com Managing EditorJoe Phillip*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffSalesSebastian Jacobsebastian@cioapplications.comEmailsales@cioapplications.comeditor@cioapplications.commarketing@cioapplications.comContact UsPhone: 510.330.5174Fax: 510.894.8405EditorialPaving the bricks of a bright futureLicense Management is enabling software vendors as well as end-user businesses to control and manage the use of software products, and enforce compliance with software licenses. Understanding the intricacies of license management will enable businesses to stay a step ahead during audits. Having a firm handle of licensing technology will not only optimize the costs but will also shield enterprises from potential compliance risks. As more vendors begin to push for license audits, license management is taking center stage in maintaining compliance.Enterprises want to manage their information efficiently and cost-effectively. The complexity of managing licenses can often go beyond the capabilities of the internal IT teams. The licensing terms and contract negations are prone to change, and hence, require close monitoring by the asset managers. The evolving regulations around non-compliance and piracy are adding to the complexity.The audits by software vendors have witnessed a steady increase in the last few years as they seek to secure their intellectual property. The prevalence in the use of unlicensed software has spurred them to increase the frequency and intensity of licensing audits. Enterprises often do not realize the importance of license management until it is too late. The rise in virtualization, mobility, and the cloud has spurred vendors to adopt subscription-based, usage-based, and outcome-based licensing models, not to mention the sophisticated enforcement tools to deter unauthorized use of their products. For instance, Permit Pros, featured in this edition, is a modern business license management solution designed to provide executives with instant insights into the licensing department and aid professionals to manage their work with ease.As the compliance space evolves, enterprises often struggle to adapt to the complex licensing requirements. The conventional tools leveraged to track the licensing and conduct assessments cannot cope with the demands of the vendors. Compliance in the current landscape requires in-depth knowledge of software vendor terms and conditions, and the ability to update the licensing.In this scenario, license management can become less daunting by incorporating the right solutions. CIO Applications presents the special edition on license management, featuring robust insights from industry leaders and in-depth reviews regarding the revolutionary technologies in the sector. We aim to simplify license management by helping businesses to choose the best license management solutions. Backed by exhaustive research by our editorial team and the knowledge and expertise of industry experts, we have compiled this special edition with your best interests at heart. We hope it provides the required insights to assist you in adopting a robust license management tool and maintaining compliance. Let us know your thoughts.Joe PhillipManaging Editoreditor@cioapplications.comJoe PhillipGraphics & ArtJohn WalterEditorial StaffBen JacksonDaniel HolmesEzra BenjaminJune MichaelRose DcruzSenior WritersClara MathewLeah JaneRoyce D'Souza
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