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February 20, 2015updated 19 Aug 2016 4:01pm

Schneider Electric selects Flexera Software platform

The software monetisation platform was chosen to help the energy company reduce costs.

By Alexander Sword

Schneider Electric has selected Flexera Software’s software monetisation platform to help it reduce its costs and increase flexibility.

The energy management company will use the FlexNet Producer Suite to standardise software licensing, entitlement management and delivery onto a single consolidated platform. The suite incorporates FlexNet Licensing, FlexNet Operations Cloud and FlexNet Connect.

The move comes as Schneider Electric endeavours to keep up with the changing marketplace and take advantage of new business opportunities such as the Internet of Things.

"Schneider Electric utilises business applications heavily in our software and cloud augmented products, intelligent hardware systems and solutions," said Alfons Marquez, Vice President Digital & Software Domain at Schneider Electric.

Marquez continued: "We are pleased to partner with Flexera Software and look forward to leveraging their considerable expertise in Software Monetisation. Simplified licensing, faster provisioning, improved usage visibility, and the ability to propose the right solutions based on usage are just some of the capabilities we expect to be able to bring to our customers through the implementation of this suite."

"Application producers increasingly recognise they must go to market faster with differentiated product offerings while ensuring they are fairly compensated for their efforts," said Vincent Smyth, Senior Vice President, EMEA at Flexera Software. "At the same time, they must have the systems in place to track and manage their customers effectively while delivering a positive customer experience."

"The Software Monetisation systems producers put into place to manage these processes are critical to these go to market plans," added Smyth. "We’re thrilled that Schneider Electric has partnered with Flexera Software to support its aggressive growth plans."

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