Enabling new licensing business models
Pay-per-usage, and pay-per-feature features allow finer resolution of IP contracting terms and greater flexibility for licensees
Additional royalty streams for licensors
Open new licensing opportunities by enabling ex-factory feature tracking and payments based on usage
Real-time monitoring of accrued revenues
Allows licensor and licensees to monitor revenues from products on a real-time basis, linking to existing accounting platforms
Efficiency and accuracy gains
Faster and more accurate reporting for licensees reducing the dependency on manual audits and checking