All Press Releases

“Software producers recognize the importance of usage data. Many, though, have room to grow as they work toward optimized software usage analytics practices that can aid everything from product roadmap decisions, product pricing, user interfaces, and more,” said Nicole Segerer, SVP and General Manager at Revenera. “The vast majority of survey respondents, 97 percent, either gather product usage data or plan to do so, yet almost a quarter of respondents collect telemetry data but let it go to waste.

“Software suppliers aim to grow recurring revenue and streamline operations. To achieve this, they’re relying on software-as-a-service (SaaS), the most widely used deployment model today, and subscription/term and consumption monetization models,” said Nicole Segerer, SVP and General Manager at Revenera.

Hosted by the Linux Foundation, the OpenChain Project maintains the international standards OpenChain ISO/IEC 5230 for open source license compliance and OpenChain ISO/IEC DIS 18974 for open source security assurance programs.

Great Place to Work® is the global authority on workplace culture, employee experience, and leadership behaviors proven to deliver market-leading revenue, employee retention, and increased innovation.

The prestigious award is based entirely on what current employees say about their experience working at Flexera. This year, an astounding 95 percent of employees said it’s a great place to work – 38 points higher than for the average US company.

To optimize a software bill of materials (SBOM) and make it actionable, accurate reporting is required about the vulnerabilities (known and unknown) inside applications, as well as about the level of impact and exploitability of those vulnerable components. Because the security state of a given SBOM is always changing, it is imperative that a view into the current state is available for downstream partners and customers.

Revenera's IoT Monetization Platform includes entitlement management, software licensing, and software delivery updates. It empowers customers to securely monetize software and the entire IoT stack—edge-to-cloud. It provides a central view of customers, software, and devices. It delivers automated use rights management, detailing customer entitlements and usage.

Revenera's IoT Monetization Platform includes entitlement management, software licensing, and software delivery updates. It helps intelligent device companies move to a software-based model to grow recurring revenue, activate features on demand, enable product insights, and reduce the need for onsite service.

Revenera, producer of leading solutions that help technology companies build better products, accelerate time to value and monetize what matters, today released the Revenera Monetization Monitor: Software Piracy and Compliance 2022 report.

“Software usage analytics trends are maturing. Vendors are looking to automate and optimize how they analyze usage, reducing the reliance on manual processes by nearly 10 percentage points since 2021,” said Nicole Segerer, SVP and General Manager at Revenera. “While this trend is promising, Revenera’s research still indicates that few software companies can currently gather product usage data very well and there is further potential to utilize usage data for product and strategy decisions.”

“I’m so grateful that our employees have given us this award for the eleventh consecutive year,” said Jim Ryan, President and CEO of Flexera. “While we’re a global company, our roots and headquarters reside in the Chicagoland area and our local team is a key part of our culture.”

In exhaustive research over the past decade, Frost & Sullivan closely followed the usage analytics, software enforcement and entitlement category. After a deep review of vendor solutions available in 2022, the firm determined that:

Revenera offers out-of-the-box solutions and integrations that support various business models.  Revenera has a long history in the software industry and is the de facto standard for many segments. Its monetization platform offers solutions and integrations that enable software publishers and device manufacturers to implement a wide range of digital monetization models for cloud, SaaS, on-premises, and embedded applications. The transition from a hardware to a software model can seem daunting for many software vendors and device manufacturers.

“Software companies have been embracing SaaS and subscription models for years. It’s clear that they’re continuing to accelerate this move, while also maintaining existing products that still hold a lot of customer value and revenue,” said Nicole Segerer, SVP and General Manager at Revenera. “In order to support a hybrid product portfolio and run a successful transformation, suppliers also need clarity into how their products are being used, an area that shows room for improvement.

“Revenera SBOM Insights enables software suppliers to ingest data from a wide range of sources, unifying all SBOMs across the organization into a single, actionable view to easily identify outdated components, security vulnerabilities, and open source license compliance issues,” said Nicole Segerer, SVP and General Manager of Revenera.

Great Place to Work® is the global authority on workplace culture.

Flexera’s certification is driven by an employee engagement survey that measured the extent to which employees across the organisation reported a consistently great workplace experience, considering factors such as their daily encounters of innovation, inclusivity, company values and the effectiveness of its leaders.

“OpenChain and Revenera share a value: we both want to increase trust and transparency in open source software usage. Our adoption of the OpenChain specification further demonstrates our commitment to lead by example.

The Revenera report analyzes data from more than 100 open source audit projects conducted in 2021, identifying trends related to companies’ use of open source software (OSS) and their awareness of the associated license compliance and security risks. This global, cross-industry study evaluated more than 2.6 billion lines of code and found that companies are only aware of 17% of the open source components they use, a 4 percent increase in the past year.

Highlights from the Revenera Monetization Monitor: Software Piracy and Compliance report include: