Software license management plays a critical role in reducing software costs while maximizing efficiency across the organization. With the rising cost of software and volatile market dynamics, it is more important than ever to utilize IT resources efficiently while minding budget constraints. And with technology evolving at such a rapid pace, the chances of them being obsolete in just a few years is imminent.
Educational institutions must rely on hundreds of software to meet student demands. However, keeping up with such an expansive environment can be challenging. With LabStats, IT leaders can streamline software licenses with a host of benefits like cost savings, enhanced student experience, and eliminating compliance risks.
LabStats provides real-time data that optimizes resource utilization and license management. No need to manage different licenses for individual users. Our cutting-edge software license management tool has helped thousands of universities globally by reducing their IT budget by 15%.
The Role of Software License Management in Optimizing IT Budget
The era of floating licenses that granted access to limited users upon request is long gone. Today, millions of users can use a single software worldwide. The leaps in technology enhanced resource consumption across industries, which have complicated an organization's ability to allow access to multiple users without breaking usage terms. Universities and colleges are often at the beating end of the stick due to high-volume demands from multiple departments.
LabStats provides a centralized software license management dashboard that tracks all software across campus to eliminate overspending on unused software, renegotiating license renewals on better terms and adhering to software compliances.
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Spend on the resources your students and staff need without exceeding the IT budget with LabStats software license management. Call +1-208-473-2222 or send an email to support@labstats.com for a free trial.