Flexera and MachineShop Announce Alliance for Better Management and Monetization of IoT Offerings and Edge Devices

MachineShop, the Edge Computing Company, announced today it has entered into a technology alliance with Flexera, the company that's reimagining how software is bought, sold, managed and secured.

BOSTON, and ITASCA, Ill., Dec. 12, 2018 — (PRNewswire) —

BOSTON, and ITASCA, Ill., Dec. 12, 2018 /PRNewswire-PRWeb/ -- Flexera's taking its Software Monetization technology to the edge and recently launched FlexNet Edge™. The smart edge server enables entitlement-driven software and firmware updates for Internet connected and disconnected software and devices. Flexera's enhanced offering empowers IoT companies and intelligent device manufacturers to implement their digital business models, making automated updates and better control of edge devices part of their IoT management and monetization processes.

As part of Flexera's strategy to further enable IoT monetization and management, the company announced a technology alliance with MachineShop. Flexera will leverage MachineShop's extensive knowledge and industry experience related to smart edge computing.

MachineShop's Device Relationship Management™ software offering helps organizations with the complete lifecycle management of connected, smart products – onboarding, configuring, monitoring, management, decommissioning. A key element of the solution is a rich orchestration capability. "MachineShop is honored to partner with Flexera, who's helping product vendors create and monetize the value of smart services," said Michael Campbell, President and CEO at MachineShop. "The relationship reinforces our strategy of supporting clear market leaders that deliver solutions to large market challenges."

"Flexera's committed to delivering complete solutions for IoT monetization and management to its customers with technology that extends from computing at the edge of the enterprise to the cloud," said Matthew Dunkley, Senior Director of Product Management at Flexera. "We're happy to be working with an innovator such as MachineShop to improve our approach to edge device management and deliver Software Monetization technology to some of the world's most important OEMs."

According to Harbor Research, while most "product-centric" businesses are now embracing the concept of growth creating services, many aren't developing new business models or investing in new digital systems to realize true strategic potential and value. As organizations embrace the value of connected products and smart services, they must invest in balanced and distributed computing architectures – with capabilities at the edge and the cloud. In many cases, powerful business logic and domain expertise is delivered via cloud platforms that now can reach devices at the very edge of the enterprise. These hybrid solutions allow businesses, employees, customers and partners to deliver and monetize extraordinary value that wasn't possible before.

To learn more about Flexera's Software Monetization offering, please contact Flexera, or reach out to MachineShop at engage(at)machineshop(dot)io.

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About Flexera

Flexera is reimagining the way software is bought, sold, managed and secured. We view the software industry as a supply chain, and make the business of buying and selling software and technology asset data more profitable, secure, and effective. Our Monetization and Security solutions help software sellers transform their business models, grow recurring revenues and minimize open source risk. Our Vulnerability and Software Asset Management (SAM) solutions strip waste and unpredictability out of procuring software, helping companies buy only the software and cloud services they need, manage what they have, and reduce compliance and security risk. Powering these solutions and the entire software supply chain, Flexera has built the world's largest and most comprehensive repository of market intelligence on technology assets. In business for 30+ years, our 1200+ employees are passionate about helping our 80,000+ customers generate millions in ROI every year.

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About MachineShop

MachineShop is the Edge Computing Company and provider of MachineShop DRM™, a complete solution for Device Lifecycle Management and orchestration between edge devices and upstream cloud services. MachineShop delivers brilliantly simple edge computing solutions to the hyper-connected and highly distributed organizations worldwide. MachineShop DRM is a distributed software solution that serves connected product OEMs, enterprises and ISVs worldwide. Founded in 2012, MachineShop is headquartered in Boston, MA with offices in Denver and distribution partners worldwide.

*All third-party trademarks are the property of their respective owners.

 

SOURCE MachineShop




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