Revenera launches monetisation analytics dashboard

Revenera has unveiled the Revenera Analytics Dashboard, which is able to present prospects of Revenera’s software program monetisation platform with higher insights into entitlements, licenses and utilization insights.

Revenera monetisation prospects can now observe 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 frontrunner 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 expertise and a brand new reporting framework to ship extra out-of-the-box studies centered on buyer KPIs. First studies 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 purposes over time

“From a 2023 IDC survey, 53% of corporations 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 info, however they don’t have the time/information to show them into insights they will simply use.”

Revenera’s Analytics Dashboard delivers a brand new person 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 accessible to all FlexNet Operations prospects.

Software program and expertise corporations that monetise their options primarily based on Revenera have entry to an enhanced notification mechanism that allows them to react on utilization occasions shortly and successfully.

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Tags: analytics, knowledge, Revenera

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