The Binadox Software License Compliance and Asset Management Solution now features a connector for Box. The Box connector synchronizes your Binadox account with your Box account to improve productivity and efficiency when managing your software assets and reviewing license agreements and terms of service. The Box connector enables you to upload license files from your […]
In the previous post we described how SaaS proliferation has influenced Software Asset Management (SAM), in this post we’ll talk about how SaaS apps explosion is impacting the role of the Chief Information Officer (CIO). The CIO used to be responsible for software procurement planning and cost optimization. The IT department worked in close tandem […]
Portable applications might not be in all headlines today, but they are still in use and deserve our attention. Portable apps are programs that do not require installation on your machine to be used. Portable applications can be stored on removable devices – such as USB drives, CDs and external HDDs – or can be […]
Software Asset Management (SAM) has been in the service of IT teams since the beginning of 1990s. In the age of on-premises software SAM tools served mainly to achieve software license compliance. However, the situation has changed and so has SAM. Today we live in the age of the cloud. And according to Gartner, in […]
“SaaS shows no signs of decline”, – Gartner says. According to the world’s leading information technology research and advisory company, “cloud application services (SaaS) [market] is expected to grow 20.1 percent in 2017”. Attractiveness of Software-as-a-Service (SaaS) applications is explained by ease of their purchase and installation. With plenty of public and affordable cloud services […]
In the previous posts we talked a lot about the importance of being aware of the terms and conditions of license agreements your employees accept to install software or subscribe to cloud services. In this post we’ll explain the procedure for processing an EULA or ToS using Binadox. Every time a new piece of software […]
We’ve interviewed a number of in-house general counsels and attorneys and asked them what threats EULAs and ToS may pose to companies and whether the Binadox solution can help their firms avoid costly violations. Some legal experts we interviewed consider an EULA a boilerplate few firms care about, because, in their opinion, only volume license […]
Software license agreements analysis is one of the core functions of Binadox as a software license compliance solution. Software license agreements can be uploaded to the system in a variety of ways: through the end user agent or extension which capture the accepted terms of services or end user license agreement terms; from a licenses […]
Binadox is a complex solution employing artificial intelligence components, such as natural language processing, to ease and speed up license review and decision making to maintain license compliance. The embedded intelligent technologies allow Binadox to: Differentiate license agreements from other types of documents Analyze a license text breaking it into sections and extracting its content, […]
Artificial Lawyer, a site dedicated to AI and legal automation news and views, recently published its review on the Binadox solution and an interview with Michael Kholodenko, Binadox co-founder. In this interview, Michael answers questions and shares insights about Binadox Inc. itself; the importance of understanding license agreements’ terms and of the license compliance problem; […]