Revenera has unveiled the Revenera Analytics Dashboard, which can present clients of Revenera’s software program monetisation platform with higher insights into entitlements, licenses and utilization insights.
Revenera monetisation clients can now monitor and analyse buyer renewal potential, utilization patterns, license and product utilisation with new embedded analytics.
Nicole Segerer, SVP and GM at Revenera, mentioned: “Understanding software program consumption and buyer adoption is vital to any profitable monetisation initiative. As a pacesetter within the house, we allow software program suppliers to innovate and make future packaging and pricing selections primarily based on knowledge. The analytics functionality presents easy-to-use insights for suppliers, and notifications and alerting primarily based on monetisation and utilization occasions.”
Revenera has modernised its knowledge warehouse primarily based on Snowflake know-how and a brand new reporting framework to ship extra out-of-the-box reviews centered on buyer KPIs. First reviews and visualisations embrace:
- Renewals Perception: Finish buyer renewal place primarily based on precise consumption of entitlements
- Finish Buyer Adoption: Finish buyer entitlements vs fulfilments
- Excessive Water Mark: Exhibiting consumption of licensable options by functions over time
“From a 2023 IDC survey, 53% of firms which have a recurring enterprise mannequin want higher insights from utilization knowledge to know buyer worth,” mentioned Mark Thomason, analysis director for digital enterprise fashions and monetisation at IDC. “Firms have the information, however they don’t have the time/information to show them into insights they’ll simply use.”
Revenera’s Analytics Dashboard delivers a brand new consumer interface, together with navigation and controls; visualisations and knowledge units, conditional notifications and report sharing, all enabling insights and motion primarily based on knowledge. The brand new dashboard is offered to all FlexNet Operations clients.
Software program and know-how firms that monetise their options primarily based on Revenera have entry to an enhanced notification mechanism that permits them to react on utilization occasions shortly and successfully.
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