For the last several years, the software licensing experts at SafeNet have helped software as a service (SaaS) vendors sell their stuff based on what features their customers use and how often they use them. With a recent update to its Sentinel Cloud license management and software monetization offering for software publishers, SafeNet says it can now provide on-premise software vendors with access to the same usage-based licensing and pricing capabilities as their SaaS cohorts have enjoyed.
The software enables on-premise software vendors to charge for their software using any number of usage-based pricing metrics, such as by the number of users, the number of executions, the duration of use, the number of virtual machines (VMs) that are spawned to run a given workload, or other measures of use. When the capacity under the metric of use is consumed, Sentinel will cut off access to the product or feature, just as if the customer’s license key has expired.
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