Schaumburg-based Flexera Software said it is opening two new offices in Beijing and Hong Kong to address growing demand for its products in China.
Flexera currently has more than 700 customers in China, the company said in a release. Chinese enterprises, software vendors and intelligent device manufacturers are rapidly adopting global best practices and standards to maximize enterprise applications, which has increased demand for application usage management solutions provided by companies like Flexera.
"We know that implementing software license optimization best practices saves enterprises as much as 25 percent of their software spend by drastically reducing license under-use, or shelfware, and overuse -- license noncompliance that results in costly 'true-up' penalties from vendors, said Tom Canning, Vice President, APAC, Flexera Software. "At the same time, enterprise software vendors and intelligent device manufacturers are leaving money on the table by failing to implement flexible licensing and entitlement management strategies to more effectively monetize their products."
"Chinese enterprises and application producers increasingly understand the tremendous competitive advantages that Application Usage Management can deliver," he added. "By opening our offices in Beijing and Hong Kong, we can more effectively provide the localized expertise and resources needed to maximize return on software investments."
Headquartered in Schaumburg, Flexera Software also has offices in San Jose, San Francisco, Cheshire, Maidenhead, Munich, Beijing, Hong Kong, Melbourne and Tokyo.