This estimated number is even expected to touch $1,723 million by the end of 2022. If you have to check the global data, this market recorded a valuation of around $997 million in the year 2021. Compared to a decade back, this industry has grown remarkably and is still on the rise. Software license management is currently among the most sought-after markets across the globe. This would also help them in saving at least 15% of their total IT budget. This way, organizations can skip the stress of managing multiple licenses for individual users. OpenLM enables organizations to stretch their software licenses’ limits and utilize them as much as possible. With OpenLM’s software licensing management tool, organizations can easily streamline their engineering and scientific software licenses. Hence, it could become an impossible task to keep up with managing software licenses. Today’s license can become null and void the next day. Similar is the scenario with entitling dongles to each user within the organization. Purchasing individual licenses in today’s time can become obsolete the next day. Technology is evolving at a lightning-fast speed . Automation or aviation, construction or fintech, retail, electric vehicle, or any other industry , software licensing management is equally inevitable for all. Software license management plays a pivotal role in almost all organizations . Speaker Registration – Annual Event -2022.

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License manager open source