Software license management solutions helps in ensuring strict compliance of licensing terms that are provided with the purchased software license. It helps company buy, and manage only the software they need, reducing compliance and security risk.
Rise in audit activities, and license compliance audits, coupled with prevention of software piracy, counterfeiting, and malware are key driving factors for growth of the global software license management market. Software publishers are increasing their reliance on such solutions as part of anti-counterfeiting initiatives, to transform their business models, in order to increase revenues and minimize open source risk.
According to infographics software license management market, Among form factor segments, software segment in the global software license management market is estimated to account for a highest revenue of US$237.6 Mn in 2017. Among the application segments in 2017, B2B segment is estimated to account for US$ 294.2 Mn. The global software license management market was valued at US$ 447.6 Mn in 2017, and is expected to register a CAGR of over 10%.
Gaining preference of companies towards cost effective software licensing solutions by small vendors, has led to a price-war amongst players, resulting in downward pricing pressure and decreasing revenues for the software license management market. Moreover, management of multiple licensing models and lack of internal cross-functional collaboration impedes growth of the global software license management market over the forecast period. Among all the regions, Europe market is estimated to account for US$ 154.7 Mn in 2017, and is projected to continue its dominance over the forecast period.
Key players in the software license management market are SafeNet, Flexera Software, Reprise Software, Snow Software, Wibu-Systems AG, IMB Corporation, Gemalto NV, Agilis Management, Inish Technology Ventures, Persistent Security.
Email fraud is nothing new, but online criminals have become ever more-effective at spoofing their identities to trick employees into sending them money. The Australian Centre for Cyber Security (ACSC) recorded losses of over $20M to business email compromise (BEC) attacks last year alone, up 230 percent over the previous year – and the full amount is certain to be much larger.
Cybersecurity Insights - Attack
No matter how robust your security, or how diligent your employees, network credentials are a free pass for cybercriminals. This is mostly because employees are relied upon for their own password management. And with more than 4.8 billion sets of stolen credentials said to be available online, odds are that at least a few of your employees’ user IDs and passwords are just waiting to be used by unscrupulous outsiders. Are you ready to stop them?
Cybersecurity Insights - People
Cyber resilience will be particularly important as Australian organisations face increased pressure to quickly detect, respond to, and manage the repercussions of breaches in the wake of 2018’s Notifiable Data Breaches (NDB) scheme.