Build V. Buy Infographic
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BUILD V. BUY BUILD V. BUY Software Monetization Capabilities in the IoT THE IoT OPPORTUNITY IS HUGE * Source: Gartner, Forecast: The Internet of Things, Worldwide, 2013, 18 November 2013 ** Source: Flexera Software Global Consulting Services LEVERAGE PURPOSE-BUILT SOFTWARE MONETIZATION SOLUTIONS TO DRIVE RESULTS THAT ARE SCALABLE, AGILE AND EFFICIENT. KEY PROCESS AREAS FOR SUCCESS Business Needs • Monetize software • Stop software abuse • Needed report ing and stat ist ics • Support new business models Solved with Flexera Software • Prevented illegal copying • Monet ized product versions & addit ional features • Deeper understanding of customer base wit h installed base info • Enabling product variants through license keys LICENSING & SECURITY ENTITLEMENT MANAGEMENT DELIVERY & UPDATES IN-PRODUCT ANALYTICS Transforming to a Software-Centric Business SUCCESS STORY: FACIAL X-RAY AND IMAGING 4 “Simplified licensing, faster provisioning, improved usage visibility, and t he ability to propose t he right solutions based on usage.” Alfons Marquez, VP “Most application producers don’t get how critical licensing and ent it lement management is for revenue generation – we weren’t going to make that mistake.” Josh Hartung, CEO Click Here For IoT Resources from Flexera Software WHY WOULD you build software monetization capabilities or rely on your ERP and RISK LOSING-OUT? value Explosion: The Internet of Things will result in $ 1.9 TRILLION in global economic value-add through sales into diverse end markets.* Population Explosion: The Internet of Things will include 26 BILLION units installed by 2020.* revenue Explosion: The Internet of Things product and service suppliers will generate incremental revenue exceeding $ 300 BILLION by 2020.* 10% revenue leakage from poor visibility into entitlements** $700K average cost of customer support incidents** 20% drop in revenue if device manufacturers fail to implement a licensing & ent it lement management system* $500K average cost to migrate to newer ERP versions**
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Transcript of Build V. Buy Infographic
BUILD V. BUYBUILD V. BUYSoftware Monetization Capabilities in the IoT
THE IoT OPPORTUNITY
IS HUGE
* Source: Gartner, Forecast: The Internet of Things, Worldwide, 2013, 18 November 2013
** Source: Flexera Software Global Consult ing Services
LEVERAGE PURPOSE-BUILT SOFTWAREMONETIZATION SOLUTIONS TO
DRIVE RESULTS THAT ARE SCALABLE, AGILE AND EFFICIENT.
KEY PROCESSAREAS FOR SUCCESS
Business Needs• Monetize software• Stop software abuse• Needed report ing and stat ist ics• Support new business models
Solved with Flexera Software• Prevented illegal copying• Monetized product versions & addit ional features• Deeper understanding of customer base with installed base info• Enabling product variants through license keys
LICENSING &SECURITY
ENTITLEMENTMANAGEMENT
DELIVERY &UPDATES
IN-PRODUCTANALYTICS
Transforming to a Software-Centric Business
SUCCESS STORY:FACIAL X-RAY AND IMAGING
4
“Simplified licensing, faster provisioning, improved usage visibility, and the ability to propose the right solut ions based on usage.”
Alfons Marquez, VP
“Most applicat ion producers don’t get how crit ical licensing and ent it lement management is for revenue generat ion – we weren’t going to make that mistake.”
Josh Hartung, CEO
Click Here ForIoT Resources from Flexera Software
WHY WOULDyou build software
monet izat ioncapabilit ies orrely on your
ERP and RISKLOSING-OUT?
value Explosion:The Internet of Things
will result in
$1.9 TRILLION in global economic value-add
through sales into diverse end markets.*
Population Explosion:The Internet of Things will include
26 BILLION units installed by 2020.*
revenue Explosion:The Internet of Things product and
service suppliers will generate incremental revenue exceeding
$300 BILLION by 2020.*
10% revenue leakage
from poor visibility into ent it lements**
$700K average cost
of customer support incidents**
20% drop in revenue
if device manufacturers fail toimplement a licensing & ent it lement
management system* $500K average cost
to migrate to newerERP versions**
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