All Press Releases

Recognizing that the software supply chain continues to mature and in response to the rise in required standards and regulations around the use of open source software, Revenera has added major functionality to its Revenera Code Insight product to support companies that build and sell software. “You’d think that software suppliers are aware of the open source components they use, but in audits conducted by Revenera we see that companies are only aware of less than 6% of open source components they’re using.

“Well-managed collection of software usage data provides significant advantages for technology companies. Those who do it well make data-driven decisions, deliver on customer needs, stop revenue leakage and often run a more successful business overall,” said Nicole Segerer, vice president of product management & marketing at Revenera. “Many software companies still struggle to collect accurate and detailed insight into usage or are stuck with limited homegrown analyses. As budgets grow tighter and as the need for efficiency grows, software usage analytics is increasingly important.”

“In times of great change, it is more important than ever to maintain a connection among employees,” said Eric Rubino, Energage CEO. “When you give your employees a voice, you come together to navigate challenges and shape your path forward based on real-time insights into what works best for your organization. The Top Workplaces program can be that positive outcome your company can rally around in the coming months to celebrate leadership and the importance of maintaining an employee-focused culture, even during challenging times.”

“Offering products and pricing that resonate with buyers and maximizing revenue is more important than ever. That’s clear as software companies respond to the rapidly changing business needs driven by the COVID-19 pandemic. Software suppliers continue to review their monetization and deployment models to meet customers’ needs,” said Nicole Segerer, vice president of product management & marketing at Revenera, a division of Flexera. “The move to subscription and usage models continues. In some cases, it has even accelerated.”

“Software monetization is about more than licensing and enforcement; it’s also about understanding actual product and feature usage and modern monetization models. Product insights enable technology companies to make better, data-driven product decisions and give compliance teams actionable data to generate revenue from unlicensed use and ultimately help drive modern consumption-based business models,” said Nicole Segerer, vice president of product and marketing at Revenera.

SoftSummit is the leading conference for software industry executives who want to get ahead of their competition with a strong monetization and usage analytics strategy. Revenera, formerly known as the software supplier division of Flexera, has hosted the SoftSummit since 2003.

Both of the SoftSummit events will feature industry experts and product specialists who will provide an overview of software industry business and technology trends. Participants will also have opportunities to network and discuss ideas and strategies with peers. The conferences include:

“We couldn’t be more thrilled to welcome David to Flexera to help continue our track record of growth that we saw under Joe Freda,” said Jim Ryan, President and CEO of Flexera. “Just as importantly, he’s a great fit for our culture.”

“Our division serving software and IoT companies has a new name, Revenera,” said Jim Ryan, President and CEO. “This rebranding will result in better experiences for our customers and clearer understanding in the market about Revenera’s unique strengths: helping technology suppliers build better products, accelerate time to value and monetize what matters.”

“What started in 1987 with InstallShield,” Ryan added, “is now an industry-recognized and growing business helping software producers address their most critical strategic goals.”

Microsoft’s MSIX enables cleaner installations and uninstalls by running applications in their own containers.

“We are excited to see Microsoft continue to innovate the new packaging format, MSIX. We see adoption growing across industries and InstallShield plays a major role in making it even easier for software companies to adopt MSIX,” said Nicole Segerer, VP of product management at Flexera’s Supplier Division.

In business for more than 30 years, Flexera is the largest homegrown technology company in the Chicago area, employing more than 1,300 globally with over 300 in its suburban Chicago office, and serving more than 50,000 customers worldwide. Flexera is committed to providing solutions that enable companies to increase their category relevance, avoid obsolescence and strengthen their journey to digital transformation.

The award honors platforms that are enabling the mass proliferation of IoT devices. In a previously announced award, Flexera was also honored for excellence in innovation.

The 2019 IoT Evolution IoT Excellence Award honors innovative products that support the availability of information being deduced, inferred and directly gathered from sensors, systems and anything else that is supporting better business and personal decisions.

Flexera’s IoT Monetization Platform is changing how technology providers leverage data generated by connected devices to monetize their offerings and manage their software operations. Flexera now has more than 10 million users, tens of millions of entitlements, and manages 100+ million updates per year.

Flexera’s Software Composition Analysis teams analyzed data from 121 audit projects to evaluate the extent to which companies under-report open source usage—and the resulting license compliance issues and vulnerabilities present in their applications.

“This acquisition is a game changer for software suppliers looking to derive more value from their software. I am excited to add another leading company to Flexera, after the acquisition of RISC Networks last year, continuing our excellent growth path,” said Jim Ryan, President and CEO of Flexera.

“While we’re a global company, the Chicago area has always been Flexera’s home base. It’s a great honor to be named to this list, as it reflects our goal to make Flexera the best place for local, talented tech professionals to find engaging work and great camaraderie,” said Jim Ryan, President & CEO of Flexera. “We’re thrilled to have the recognition.”

The Flexera IoT Monetization platform brings together the data and processes needed to implement new software and data-driven IoT business models. Flexera enables recurring revenue streams from digital solutions and provides valuable usage insight.

The report will help product and customer executives at software and device manufacturers better understand the relationship between monetization and customer relationships.

In exhaustive research on the SLM space over the past decade, updated Frost & Sullivan reports found:

“The Top Workplaces award is about much more than recognition and celebration,” said Eric Rubino, CEO of Energage. “Our research also shows that these organizations achieve higher referral rates, lower employee turnover, and double the employee engagement levels. It just goes to show that being intentional about culture delivers bottom-line results.”

“In the eleven years that Joe has been our CFO, Flexera has quadrupled in size. Joe has been instrumental to our growth and we’re grateful for his leadership and partnership. I’m pleased that he will help us identify his successor to continue that growth trajectory,” said Jim Ryan, president & CEO of Flexera. “I wish Joe a retirement full of well-deserved down-time.”