With the 1-year anniversary of the COVID-19 shutdown just behind us, there has been a lot of dialogue regarding what different industries have experienced over the past year. Acknowledging this dubious anniversary, we sat down to collect our thoughts and share a few advisements with respect to our small corner of the legal and tech industry.
Data management and integration demands continue to increase as organizations are faced with more data flowing in from a greater variety sources than ever before. At the same time, there is the need to extract business value, protect, and offer wider access to that data for more users. Today, being data-driven is the goal of all companies, whether long established or born digital.
LOS ANGELES–(BUSINESS WIRE)–LicenseFortress, the only provider of a 100% guaranteed Oracle software license compliance solution, launched another industry first: The addition of specialized legal advisors to its licensing and technology teams with the goal of preventing costly license violations and legal disputes with software vendors.
LicenseFortress, provider of an Oracle software license compliance solution, has announced the addition of services by specialized legal advisors to its licensing and technology teams.
LicenseFortress is partnering with Beeman & Muchmore, LLP, a law firm delivering software auditing and licensing counseling, with the goal of helping customers to stay in compliance with software licensing in order to avoid license violations and legal disputes with software vendors.
“Don’t bring a knife to a gunfight,” is how Michael Corey, co-founder of LicenseFortress, advises companies that are going to get audited by their software vendors. Conducting license compliance checks for over ten years, Corey has witnessed several instances where companies fail to understand software licensing nuances and lack knowledge around license metrics pertaining to software deployment, usage, configurations, and cloud architectures. Such blind spots are why software vendors like Oracle, IBM, and Microsoft find software audits an easy way to generate additional revenue.
Arthur S. Beeman and Joel T. Muchmore of Beeman and Muchmore LLP look to the horizon and ask: how can you protect your business?
It is inevitable that the fallout from the Covid-19 pandemic will draw opportunists. Due to peculiarities unique to the resulting economic fallout, we are seeing this truism in play in the world of intellectual property monetization. Particularly with regard to patent litigation and software license audits, the pandemic will likely increase certain very real threats to companies of all sizes and industries.This means that while businesses are preserving a solvent bottom line, in-house counsel must protect their clients against attacks from emboldened software vendors and patent litigators.
Originally part of VLSS, a consultancy founded in 2005 with a focus on Oracle and VMware technologies, LicenseFortress was spun out as a standalone company in October 2017. LicenseFortress now focuses on Oracle software asset management, delivering a combined solution of real-time monitoring of systems and a team of license-compliance experts aimed at helping organizations manage their license investment while removing the threat of being out of compliance.
Today, there is a constantly evolving list of data management issues that organizations are contending with. In addition to pressures of exploding data volumes, there is urgent demand for real-time, data-driven insights as well as more widespread data access. Expanding regulatory mandates also demand greater data quality and governance, as do cybersecurity threats.
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The assortment of challenges and resulting solutions is wide-ranging. With data flowing into organizations from more sources than ever, the requirement for efficient data integration and data cleansing has never been greater. In addition, due to the growing assortment of data privacy regulations, the need for data governance best practices has also increased. At the same time, a variety of cloud scenarios are on the rise, data warehouse approaches are working alongside data lakes, and numerous data management technologies are being tapped to address specific requirements.