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FlexNet Producer Suite Is Distinguished by the Frost & Sullivan 2011 Market Share Leadership Award for Software-Enforced License ManagementAward Recognizes Flexera Software's Leadership in Software Licensing and Entitlement Management (December 16, 2011)
SCHAUMBURG, IL -- (Marketwire) -- 12/16/11 -- Flexera Software, the leading provider of Application Usage Management solutions for application producers and enterprises, announced today that it has received the Frost & Sullivan 2011 Market Share Leadership Award for Software-Enforced License Management. The Frost & Sullivan Award for Market Share Leadership is presented to the company that has demonstrated excellence in capturing the highest market share within a segment of its industry.
License and Entitlement Management solutions are broadly divided into hardware-based and software-based solutions. The Award recognizes FlexNet Producer Suite's leadership position within the software-based enforcement solutions segment. FlexNet Producer Suite is a comprehensive and proven Licensing, Entitlement & Compliance Management solution for software license management, electronic software delivery, software compliance and entitlement management.
In its research, Frost & Sullivan notes key industry challenges in the license management space that underscore the importance of this Award. Those include:
- The high rate of stickiness for license management solutions among customers due to high integration at many levels into software vendors' businesses and their applications.
- The demand for ease of use across the board, due to the myriad roles of users, especially from enterprise customers who license software from many different ISVs who prefer consistent license management systems.
- The fluid nature of software applications in which new segments, such as embedded software, virtualization and cloud, are emerging, even as the networking environment in enterprises is evolving. This requires vendors to support new and emerging business models as well as a wide variety of client and server platforms, and yet continue to ensure that the protected product complies with high performance and reliability requirements.
According to the research, FlexNet Producer Suite's success in addressing these challenges translates into 45% market share in 2011 in the Software-Enforced Solution space.
"The Market Share Leadership Award is a prestigious recognition of Flexera Software's accomplishments in the Software-Enforced License Management market," said Avni Rambhia, Senior Industry Analyst at Frost & Sullivan. "Factors contributing to Flexera Software's success include an established product and brand, leadership in several large desktop software verticals, significant barrier to entry for competitors, effective industry outreach, a hardware-agnostic solution, and ongoing investment in security and functionality features. Looking forward, Flexera Software has pursued both strategic acquisitions and organic development to serve the emerging SaaS-based and embedded software applications, and as a result, the company is well positioned to continue to maintain its market leading position."
"We are delighted to receive this Award from Frost & Sullivan and are proud of their objective validation of our market leadership position," said Randy Littleson, Vice President of Product Management at Flexera Software. "As software vendors and intelligent device manufacturers struggle with the licensing challenges associated with new environments such as virtualization and the Cloud, and the licensing complexities that accompany organizational growth, mergers and acquisitions -- it is no longer practical or efficient for them to build their own licensing solutions. Instead, they are focusing resources on beating the competition and leveraging the turnkey application usage management solutions that we deliver."
Learn more about FlexNet Producer Suite for Software Vendors:
- FlexNet Publisher
- FlexNet Embedded
- FlexNet Operations
- FlexNet Delivery
- FlexNet Connect
- Read our Blog on Entitlement & Compliance Management
- FlexNet Producer Suite Case Studies
- Related Flexera Software Webinars
- Entitlement & Compliance Management White Papers
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About Flexera Software
Flexera Software is the leading provider of strategic solutions for Application Usage Management; solutions delivering continuous compliance, optimized usage and maximized value to application producers and their customers. Flexera Software is trusted by more than 80,000 customers that depend on our comprehensive solutions -- from installation and licensing, entitlement and compliance management to application readiness and enterprise license optimization -- to strategically manage application usage and achieve breakthrough results realized only through the systems-level approach we provide. For more information, please go to: www.flexerasoftware.com.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
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