Partners working in Microsoft 365 (M365) environments can look forward to continued worldwide software licence management growth in coming years, new research has suggested.
According to Market Growth Reports, sales opportunities in software licence management are now set to expand until 2031, in an extension of its earlier report that forecast a compounded annual growth rate (CAGR) of 8.27% from 2022 to 2028 or roughly $1.7 billion (£1.3bn).
“The global software licence management market was valued at nearly $1.1 billion in 2022,” the market research firm has said.
When organisations can “track, evaluate and guarantee how software is being handled”, vendors can boost revenue by assuring that users are using licences appropriately and in accordance with policy, it said.
Licence management is often feasible as part of multi-functional suites targeting governance, visibility and efficiency of the software estate, for instance in the M365 cloud management platform from CoreView.
CoreView has scheduled a 25 January webinar on the best ways to govern external users of M365 applications across an organisation – click here for more information and to sign up.
“The native M365 features allow for collaboration with external users. But, like any powerful tool, your M365 environment must have the right measures in place to maintain security and compliance baselines,” the vendor noted on its website.
“Microsoft expert Roy Martinez and MVP nominee Kas Nowicka [from CoreView] will walk through best practices and tips for governing users.”
CoreView M365 management
CoreView, headed by channel specialist Simon Azzopardi as of November, targets managed services providers (MSPs) and large enterprises grappling with the M365 suite in the cloud. The company at the same time announced the acquisition of Simeon Cloud with a view to better addressing misconfigured tenants within cloud environments.
CoreView can assist organisations in industries including higher education, healthcare, and the public sector to manage and ensure their M365 environment is securely and efficiently managed, Azzopardi said in the related announcement.
“Simeon Cloud’s tenant configuration management solution complements CoreView’s offering and is something our partners and customers have been searching for. This acquisition [brings] visibility to the huge challenges they face around configuration management,” he said.
Many organisations, regardless of size or sector, rely on cloud M365 office applications, yet security is becoming a larger concern. Misconfigured tenants can increase risk, according to CoreView.
Simeon Cloud automates initial tenant set-up, back-up and monitoring of infrastructure configurations, augmenting CoreView day-to-day management, governance, and automation across all objects in the M365 tenant, the vendor added.
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