Thales Awarded the 2022 Frost & Sullivan Global Software License and Entitlement Market Leadership Award
14 December 2022 - 8:00PM
Business Wire
- Thales is at the forefront of innovation and growth in the
software monetization industry, driving a growth strategy against
disruptive technologies, value chain compression, and industry
convergence.
- Thales contributes to a market that is otherwise lacking in
adequate software licensing management production because of cost,
remote work, a global labor shortage, and digital
transformation.
Thales, with its Sentinel Platform for License and
Entitlement Management, has been awarded the Best Practices Frost
& Sullivan Market Leadership Award in the global software
license management market. Recognized among other companies that
successfully deploy best practices, growth strategies, and
strategic analytics across a value chain, Thales received the
Market Leadership Award for achieving the greatest market share
based on its outstanding performance, products, and
services.
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©Thales
Frost & Sullivan’s global team of Growth Pipeline experts
continually identifies and evaluates growth opportunities across
multiple industries, technologies, and regions worldwide. The
process involves the rigorous analysis of several nominees for each
award category to determine the recipient, evaluating best
practices criteria across two dimensions for each nominee. Thales
was successful across several categories, including product
differentiation, brand strength, growth strategy excellence,
product quality, and implementation excellence.
Software licensing management (SLM) production has faced several
roadblocks in its development in the current market. Software
manufacturers and device makers regularly struggle to prevent
access to unauthorised users while ensuring legitimate users can
easily access and buy their solutions. The emergence of the
COVID-19 pandemic and its aftermath, as well as high costs and lack
of awarenesss, mean that despite its many benefits, SLM has not
grown as exponentially as it should, especially in regions such as
Asia and Latin America.
Thales is a recognized leader in the software monetization
field, providing the most comprehensive platform and services for
license and entitlement management and helping
software-as-a-service (SaaS) companies accelerate their growth.
With a team of 450 experts across more than 20 countries, including
the United States, much of Europe, South Korea, China, Japan, and
India, Thales solidifies its position as a leader in the software
license management market.
“Thales provides the most comprehensive platform for software
enforcement and hardware enforcement and is focused on solutions to
help the SaaS market scale quickly,” said Mukul Krishna, Global
Practice Head, Frost & Sullivan.
Thales offers a comprehensive suite of software monetization
solutions, using a sophisticated entitlement management capability
to address any combination of SaaS, on-premises, and device-based
requirements. The company provides customers with the flexibility
to create, manage, and deploy custom licenses for products across
distribution channels and pricing models to meet evolving customer
needs. Additionally, the company enables the tracking of customer
licenses; prevents their reproduction, distribution, and
unauthorized use; and protects license IP theft through encryption
and anti-debugging.
With its SaaS services, application programming interfaces
(APIs) and web services, Thales lowers ownership cost and the high
expense of customization for an elevated customer experience. In a
fiercely competitive and ever-changing market, Thales has made its
way to the top with an effective growth strategy and resilience and
offers optimal services at a global scale.
Thales’s software monetization solutions are available for use
today. For more information, download the Frost and Sullivan Growth
Opportunity Analysis 2022 report or visit:
https://cpl.thalesgroup.com/software-monetization.
About Thales
Thales (Euronext Paris: HO) is a global leader in advanced
technologies, investing in digital and “deep tech” innovations –
connectivity, big data, artificial intelligence, cybersecurity and
quantum technologies – to build a confident future crucial for the
development of our societies. The Group provides its customers –
businesses, organisations and governments – in the defense,
aeronautics, space, transport, and digital identity and security
domains with solutions, services and products that help them fulfil
their critical role, consideration for the individual being the
driving force behind all decisions.
Thales has 81,000 employees in 68 countries. In
2021, the Group generated sales of €16.2 billion.
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contact Thales, Media Relations Security
Marion Bonnet marion.bonnet@thalesgroup.com +33607859616
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