Revenera Recognized with “Enterprise IoT Platform Innovation Award” By IoT Breakthrough
This is the Sixth Year that the Prestigious Annual IoT Breakthrough Awards Program Has Awarded Revenera for its Outstanding Internet-of-Things Solutions
Itasca, IL - January 12, 2023 Revenera, producer of leading solutions that help technology companies build better products, accelerate time to value and monetize what matters, today announced that it has won the “Enterprise IoT Platform Innovation Award” in the 7th annual IoT Breakthrough Awards program. IoT Breakthrough is a leading market intelligence organization that recognizes the top companies, technologies, and products in the global Internet-of-Things (IoT) market.
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.
The platform has more than 10 million users, managing tens of millions of entitlements and over 100 million updates annually. It provides predictive and preventive maintenance, even if industrial devices are offline or partially connected. In 2022, Revenera enhanced the breakthrough functionality of the entitlement-driven delivery of software containers to end users and/or intelligent devices. Software Container Delivery extends the benefits of software delivery beyond traditional packaged application files to include containerized software.
2023 is the sixth year that Revenera, Flexera’s division serving software and IoT companies, has been named a winner in the IoT Breakthrough Awards program. Previous awards included two years as the “Overall Enterprise IoT Platform of the Year” and three years as the “IoT Enablement Company of the Year for the Enterprise Market.”
“Innovation is at the heart of what Revenera delivers to our customers. We’re honored to see the continued recognition by IoT Breakthrough,” said Nicole Segerer, SVP and General Manager at Revenera. “Revenera’s IoT Monetization platform 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. We’re grateful that the value of these innovations has been recognized with this award.”
Revenera’s customers benefit from increased operational efficiency of their software monetization initiatives. The platform helps customers implement revenue recovery initiatives; build automated subscription renewal processes; identify upgrade, renewal, and subscription extension opportunities; protect IP by minimizing piracy and overuse; and improve customer satisfaction, renewal rates, and revenue.
“Software is a primary driver of value and differentiation in IoT, and IoT platform vendors can now monetize access to their solutions while device vendors manage and generate revenue from the growing number of intelligent devices,” said James Johnson, managing director at IoT Breakthrough. “Revenera’s breakthrough platform enables companies to do that in a secure way and also get a head start on their competition in order to realize the earning potential of IoT - supporting all levels of connectivity and business – from start-up to some of the biggest Industrial IoT players in the world. We’re thrilled to recognize them once again this year, this time for the ‘Enterprise IoT Platform Innovation Award.’”
Revenera helps product executives build better products, accelerate time to value and monetize what matters. Revenera's leading solutions help software and technology companies drive top line revenue with modern software monetization, understand usage and compliance with software usage analytics, empower the use of open source with software composition analysis and deliver an excellent user experience—for embedded, on-premises, cloud and SaaS products. To learn more, visit www.revenera.com.
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