SOFTWARE MONETIZATION Industries
Medical Device Companies
Build a Bill of Material, Update Devices and Track Which Software is Running Where
Manage and Monetize Medical Devices
The pathway to a modern, secure and profitable business model for medical devices centers on:
- Delivering a secure product
- Managing software and updates
- Increasing profitability
Revenera’s software monetization and composition analysis solutions enable you to implement new business models, grow recurring revenue, stay in compliance with FDA regulations and ship secure software products that are free of vulnerabilities.
CHALLENGE
How do you monetize with compliant medical software licensing? Or manage and protect devices with continuous lifecycle management and version control – all while staying compliant with the plethora of healthcare mandates.
Undocumented open source code is in virtually all software, but healthcare and HIPAA require you to minimize the risk of shipping products to customers with unpatched vulnerabilities.
HOW WE HELP
The Medical Industry is growing. One of the key growth drivers is the adoption of digital business models. Manufacturers that embrace the digital transformation and bring new offerings to market benefit and stay ahead of the competition.
Revenera's software monetization and composition analysis solutions enable you to implement new business models, grow recurring revenue, stay in compliance with FDA regulations and ship secure software products that are free of vulnerabilities.
DIGITAL TRANSFORMATION OF YOUR BUSINESS:
- Move to Software-based and data-driven business models and services
- Bring SaaS offerings to market
- Monetize more effectively
PROTECT YOUR CODE, CUSTOMERS & REPUTATION:
- Know what’s in your code
- Close the vulnerability risk
- Update software/firmware
RESPOND TO COMPLIANCE & FDA REQUIREMENTS MORE EFFICIENTLY:
- Know exactly what software is running on which device
- Track all open source and 3rd party components and stay clear of vulnerabilities
- Have one system of records for all your digital products
RELATED PRODUCTS
Open Source Vulnerability Manager
Stay ahead of emerging threats. Shut down breaches before they start. Vulnerability Manager empowers IT Security and IT Operations with intelligence to continuously track, prioritize and remediate vulnerable applications – before exploitation leads to costly breaches. It’s best in class solution that keeps hackers out. And you in control.
IoT Monetization Platform
The Internet of Things has changed the way business is done. Value is shifting from hardware to software. Connectivity enables continuous delivery of new features and updates. The customer relationship changes, and so does monetization.
Resources
Report
IDC: Software Monetization Trends 2024
This new report from IDC focuses on the latest drivers and trends in software monetization, incorporating survey data and analyst insights.
eBook
How to Modernize Your Software Business with Elastic Access
Learn about Revenera’s new Elastic Access offering, a flexible pay-per-use model available through Dynamic Monetization, and how this solution can benefit your business.
Webinar
Software Monetization User Group 2024
Tuesday, September 24th & Wednesday, September 25th 2024
Whether you’re focused on growing annual recurring revenue, streamlining operations, or turning data into actionable insights, you won’t want to miss User Group this year. Register today to reserve your spot and get notified on the full agenda
Webinar
Software Monetization Trends and Usage-Based Approaches to Monetizing AI
Friday, September 27, 2024
Join IDC’s Mark Thomason and Paul Bland, Revenera’s Senior Director of Product Management, for a discussion on the latest industry trends and how comprehensive monetization platforms can be used to monetize AI features and products and leverage underlying usage data to optimize pricing and packaging.
Video
Honeywell Transitions from Hardware Sales to Software Monetization
See how Honeywell achieved over 100% growth in annual software revenue while accelerating time-to-market and supporting hybrid models.
eBook
Entitlement Management vs. Billing Management & Subscription Management
Learn how your business can streamline operations, strengthen customer retention, and drive business growth by understanding how entitlement and billing management systems can work together to drive efficiency.
From the Blog
Blog
How to Sell Software with Pay-As-You-Go Pricing
Blog
How to Monetize Software and Build Recurring Revenue
Blog
A Brief Guide to SaaS Licensing Models
Get a Demo
See how Revenera's Software Monetization platform can help you take products to market fast, unlock the value of your IP and accelerate revenue growth.