Open iT serves as a comprehensive software asset management (SAM) solution designed for enterprises, focusing on the measurement, analysis, and optimization of various software licenses, including those for engineering tools, business applications, servers, storage solutions, databases, cloud services, and SaaS platforms. This solution offers a wide range of features such as real-time monitoring, historical reporting, detailed activity metering, proactive alerts, and customizable dashboards, in addition to optimizing licenses and supporting IT chargeback/showback processes. It also aids in vendor negotiations, forecasting, and anomaly detection while providing specialized tools for prominent vendors like Ansys, Autodesk, MathWorks, and SAP, among others. By leveraging these capabilities, organizations can effectively lower their expenses, enhance their return on investment, and boost productivity across their global operations, ultimately leading to a more efficient use of resources.