Open iT, Inc.
Open iT, Inc. provides software asset management and engineering license optimization software to Fortune 500 enterprises worldwide, specializing in metering, forecasting and chargeback for complex technical software estates across energy, automotive, aerospace and manufacturing verticals.
- Company typePrivate
- Founded1999
- HeadquartersHouston, United States
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What Open iT, Inc. does
Open iT, Inc. is a Houston-based, privately held software company founded in 1999 by Eistein Fosli that provides software asset management (SAM) and engineering license optimization software to Fortune 500 enterprises. Its core technology is a license metering and usage analysis platform built around License*Analyzer* and complemented by Storage*Analyzer*, Compute*Analyzer*, and add-on modules — License*Predictor* (predictive analytics), License*Planner* (simulation), and CLIMS (contract and inventory management). Specialized point solutions target Ansys, Autodesk, MathWorks and SAP licensing environments, with the platform supporting 90+ license managers (27 cloud/SaaS) and approximately 370,000 end users worldwide.
The platform operates through both on-premise and SaaS deployment, using custom quote-based subscription contracts (annual or multi-year) supplemented by professional services for implementation and ongoing support. Go-to-market is a hybrid of direct enterprise field sales — staffed by industry-domain Business Solutions Consultants from oil-and-gas, engineering and IT asset management backgrounds — combined with a multi-tier global partner program that includes strategic SI partners (Deloitte, Capgemini) and regional VARs across the Americas, EMEA, India, Japan, Korea and ASEAN. Open iT is ISO 27001:2022 certified, maintains wholly-owned regional entities in seven countries, and cites customers including TotalEnergies, Equinor, Shell, Toyota, NASA JPL, Hyundai Heavy Industries and Burlington Resources across energy, automotive, aerospace, manufacturing, engineering and government verticals. The company is bootstrapped and founder-controlled, with no disclosed external venture or private equity funding.
Open iT, Inc. firmographics
Firmographics- Name
- Open iT, Inc.
- Legal name
- Open iT, Inc.
- Website
- https://openit.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Open iT, Inc. provides software asset management and engineering license optimization software to Fortune 500 enterprises worldwide, specializing in metering, forecasting and chargeback for complex technical software estates across energy, automotive, aerospace and manufacturing verticals.
- Ownership category
- akta.pro rank
Open iT, Inc. industry classification
Industry- Product category
- Software Asset Management
- NAICS
- Software Publishers (513210), Other Computer Related Services (541519)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)
- akta.pro primary industry
- IT Asset Management (ITAM) Platforms (HDAEALAD)
- akta.pro secondary industries
- Cloud FinOps & SaaS Spend Management (BPAEAOAH), Enterprise Application License Advisory, Vendor Management & Optimization (BPAEAGAO), Software License Resale & Optimization (Perpetual/Subscription) (BPAEAOAC)
Keywords
Where Open iT, Inc. is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
Open iT, Inc. business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Software License Management Solutions: Open iT generates revenue through licensing its software asset management platform, including LicenseAnalyzer, StorageAnalyzer, ComputeAnalyzer, and associated plugins. The company offers both on-premise and SaaS deployment options with subscription-based pricing models.
- Professional Services: Implementation, consulting, and support services for enterprise deployments, including system integration, training, and ongoing technical support.
- SaaS Subscription: Cloud-based software-as-a-service offering for license metering and optimization accessible via the Open iT SaaS solution.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise licensing with customized pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
Open iT, Inc. product offering
Product offeringCore offering
Open iT sells a software asset management and engineering license optimization platform that meters, analyzes, and forecasts usage of engineering, specialty, and SaaS software across the enterprise. The platform is delivered as on-premise or SaaS, with the License*Analyzer* core product, Storage*Analyzer* and Compute*Analyzer* modules, predictive and planning plugins, and vendor-specific point solutions for Ansys, Autodesk, MathWorks, and SAP.
Product overview
Open iT is a software asset management and engineering license optimization platform consisting of three core products (License*Analyzer*, Storage*Analyzer*, Compute*Analyzer*), three plugins (License*Predictor*, License*Planner*, CLIMS), and four point solutions for specific software vendors (Ansys, Autodesk, MathWorks, SAP). The platform provides enterprise-wide monitoring, IT chargeback, license usage optimization, technology adoption tracking, ROI analysis, and vendor negotiation support. The core License*Analyzer* serves as the primary product, with plugins adding predictive and planning capabilities, while point solutions offer specialized optimization for major engineering software vendors.
Differentiator
Problem solved
Functional benefit
Products and services
- License*Analyzer* Core software asset management platform from Open iT that tracks, reports on, and optimizes license usage across engineering and technical software environments; supports 90+ license managers including 27 cloud-based and SaaS platforms, and is targeted at Fortune 500 enterprises running multi-vendor engineering software.
- Storage*Analyzer* Storage resource usage and allocation analyzer that monitors enterprise storage consumption and identifies optimization opportunities across the IT environment.
- Compute*Analyzer* Compute resource utilization and licensing analyzer that monitors and optimizes compute usage across enterprise IT infrastructure for cost and capacity efficiency.
- License*Predictor* Predictive analytics plugin for the Open iT platform that uses AI/ML-driven forecasting to project future license demand based on historical usage patterns.
- License*Planner* Planning and simulation plugin that lets enterprises model license agreement scenarios and simulate outcomes to support vendor negotiations and procurement planning.
- CLIMS (Comprehensive License and Inventory Management System) Contract License Management System plugin that tracks software contracts and inventories to manage compliance, renewal timing, and license entitlement across the enterprise.
- Analyzer for Ansys® Software Specialized point-solution analyzer for Ansys engineering simulation software licensing that delivers detailed usage reporting and optimization for Ansys license environments.
- Analyzer for Autodesk® Licensing Specialized point-solution analyzer for Autodesk software licensing that provides detailed usage reporting and optimization across the Autodesk product portfolio.
- Analyzer for MathWorks® Licensing Specialized point-solution analyzer for MathWorks MATLAB and related toolbox licensing that delivers granular usage reporting and optimization for engineering and scientific computing environments.
- Optimizer for SAP® Licensing Specialized point-solution optimizer for SAP software licensing designed to maximize SAP ROI and reduce ongoing SAP license costs.
- Open iT SaaS Solution Cloud-hosted SaaS deployment of the Open iT software asset management platform, delivered as a subscription service for enterprises that prefer not to run the platform on-premise.
Quantifiable outcome
- 2109% net benefit - Maersk Oil (TotalEnergies) achieved cost savings over 21 times their initial Open iT investment
- +3 more outcomes
Companies that use Open iT, Inc.
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles2 records
Open iT, Inc. technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability1 record
Feature7 records
Open iT, Inc. partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core, minor, regional and strategic.
- ServiceNowcoreServiceNow integration partner enabling interoperability between Open iT's license management solutions and ServiceNow's ITSM platform for enhanced IT asset management workflows.
- VialogominorRegional channel partner for software license management solutions.
- Aufiero InformaticaregionalRegional partner operating in Argentina, Chile, Colombia, Mexico, and Peru for Open iT solutions distribution.
- BGI BenchmarkminorAustralia-based partner offering software monitoring solutions.
- OptimalminorRegional partner for Open iT solutions distribution.
- DeloittestrategicGlobal consulting partner providing implementation and consulting services for Open iT deployments.
- CapgeministrategicGlobal consulting partner for system integration and implementation services.
- TT SystemsregionalRegional consulting partner for Open iT implementations.
- Sopra SteriaregionalEuropean consulting partner for system integration.
- SLB (Schlumberger)regionalEnergy sector partner distributing Open iT solutions.
- WG3 ITregionalBrazil-based channel partner for Open iT solutions distribution.
- SLM360regionalChile-based partner for software licensing solutions.
- PT Cipta SatriaregionalIndonesia-based partner for Open iT solutions distribution.
- PT Kejora Gasbumi MandiriregionalIndonesia-based energy sector partner.
- IT SymphonyregionalKorea-based partner for Open iT solutions.
- EdulineregionalTurkey-based education sector partner.
- ConsutecregionalMexico-based partner for software license management solutions.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Open iT, Inc. competitors and assessment
Company assessmentDirect peers
- Certero: Certero offers a SaaS-delivered software asset management and license optimization platform (Certero for SAM) that competes directly with Open iT's LicenseAnalyzer and LicensePredictor for enterprise ITAM spend. Both vendors focus on reducing software license waste and supporting vendor negotiations, with overlapping Fortune 500 buyer profiles.
- Snow Software (Flexera): Snow Software was a leading SAM and SaaS spend management vendor (now part of Flexera), with technology intelligence and license optimization capabilities that overlap head-on with Open iT's LicenseAnalyzer and LicensePredictor. Both target mid-market and enterprise IT buyers seeking usage visibility and vendor negotiation support, and the Snow–Flexera combination intensifies the competitive set Open iT faces.
- Flexera: Flexera is the largest independent Software Asset Management and IT asset management vendor, offering FlexNet Code Insight, Flexera One, and Snow products that directly compete with Open iT's LicenseAnalyzer across engineering and enterprise software license optimization. Both vendors serve Fortune 500 customers with metering, usage analytics, and vendor negotiation support for the same engineering ISVs (Ansys, Autodesk, MathWorks, SAP).
- USU Solutions (Aspera/SAM): USU provides enterprise software asset management and license optimization solutions, with strong presence in SAP, IBM, Oracle, and engineering software environments that overlap Open iT's SAP Optimizer and engineering vendor analyzers. Both vendors compete for ITAM and SAM budget inside large European and global enterprises.
Broad incumbents
- IBM (ILG / IBM SAM): IBM's License Metric Tool (ILMT) and broader IT asset management offerings provide SAM capabilities to large enterprises, particularly those running IBM and multi-vendor software estates. While IBM is a broader incumbent, its ILMT directly competes with Open iT in helping large customers pass software audits and optimize license usage, including in engineering environments.
- ServiceNow: ServiceNow is the dominant enterprise ITSM and IT asset management platform whose Hardware Asset Management (HAM) and SAM-adjacent capabilities compete broadly with Open iT's ITAM focus; ServiceNow is also a named Open iT integration partner, illustrating both partnership and competitive overlap. CIOs running ServiceNow as their system of record represent both Open iT's integration opportunity and its largest competitive threat.
Emerging players
- Anglepoint: Anglepoint provides independent software asset management services and SAM tooling, competing with Open iT in license optimization, audit defense, and vendor negotiation support for enterprise customers. Both vendors serve Fortune 500 ITAM buyers and overlap heavily in engineering and enterprise software license advisory, with Anglepoint leaning more toward services-led delivery.
- Zylo: Zylo is a leading SaaS spend management and software license optimization platform that competes with the SaaS-spend portion of Open iT's offering (notably the 27 cloud-based and SaaS license managers Open iT supports). Both vendors help enterprises discover, benchmark, and optimize SaaS subscriptions, though Zylo focuses on the SaaS management layer while Open iT brings engineering software depth.
- Eracent: Eracent provides IT asset management and software license optimization tools for enterprise IT, with overlapping SAM and ITAM capabilities and a documented technology partnership with Open iT. The two vendors serve similar Fortune 500 buyers and overlap in vendor-neutral license intelligence, making Eracent a niche but comparable competitor in the same category.
- Productiv: Productiv offers a SaaS management platform that provides license usage analytics, spend optimization, and renewal management for enterprise SaaS portfolios, competing with Open iT's cloud/SaaS license management capabilities. Both target enterprise IT and procurement buyers seeking to eliminate SaaS waste, though Productiv is more SaaS-native and Open iT spans on-prem and SaaS.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Open iT, Inc. social profiles
Digital presenceOpen iT, Inc. compliance and trust
Trust signalCompliance1 record
Open iT, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Open iT, Inc. leadership team
Management profileNumber of profiles
Profiles14 records
Open iT, Inc. subsidiaries and ownership
Company hierarchySubsidiaries6 records
Open iT, Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Open iT, Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Open iT, Inc.
What does Open iT, Inc. do?
Open iT sells a software asset management and engineering license optimization platform that meters, analyzes, and forecasts usage of engineering, specialty, and SaaS software across the enterprise. The platform is delivered as on-premise or SaaS, with the License*Analyzer* core product, Storage*Analyzer* and Compute*Analyzer* modules, predictive and planning plugins, and vendor-specific point solutions for Ansys, Autodesk, MathWorks, and SAP.
Is Open iT, Inc. a public or private company?
Open iT, Inc. is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Open iT, Inc. founded?
Open iT, Inc. was founded in 1999. It employs 251 to 500 people.
Where is Open iT, Inc. based?
Open iT, Inc. is headquartered in Houston, United States, in the North America region.
How does Open iT, Inc. make money?
Three revenue lines are on record. Software License Management Solutions are the primary driver. The others are professional Services and saaS Subscription.
Who are Open iT, Inc.'s main competitors?
Direct peers on record are Certero, Snow Software (Flexera), Flexera and USU Solutions (Aspera/SAM). Broad incumbents are IBM (ILG / IBM SAM) and ServiceNow. Emerging players are Anglepoint, Zylo, Eracent and Productiv.
Does Open iT, Inc. have an API?
No public API is recorded for Open iT, Inc..
What industry is Open iT, Inc. in?
Open iT, Inc.'s product category is Software Asset Management. Its primary akta.pro industry code is HDAEALAD, IT Asset Management (ITAM) Platforms, with a secondary code of BPAEAOAH, Cloud FinOps & SaaS Spend Management. Its NAICS code is 513210 and its SIC code is 7372.