SaaS Monitoring Can Secure Your Company Increasingly more Software Asset Management (SAM) tools target to fight security vulnerabilities and protect enterprise systems from hacker attacks, including ransomware, through monitoring unsupervised SaaS applications used by employees. And it isn’t out of place considering the latest trend – WannaCry spreading. WannaCry is a worm that exploits […]
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 […]
What is CIO? 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 […]
Portable Apps Deserve Attention 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 […]
SAM in Companies Today 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 […]
Increasing Adoption of SaaS “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 […]
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 […]
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; […]
Happy New Year to You and your company! But before that, perhaps, Happy Software Audit! For a number of independent software vendors the approaching December 31 marks the fiscal year end, when they seek to grab every last penny of revenue. One of the ways to get there is to audit the customers. So for […]
Shadow IT has become an unavoidable part of enterprise workflows. Skype, Google Docs, Dropbox, Slack, Evernote, etc. – corporate data flows between unauthorised applications and services uncontrolled and unmanaged. In the previous post we talked about inefficiencies and serious risks shadow IT poses and, yet, discovered a number of real benefits. However, those benefits are […]
The road to hell is paved with shadow IT The initial aim of using shadow IT resources is pure – lines of business want to get their jobs done in a more efficient way. There are good reasons why shadow IT emerges within an organization, we discussed those in the previous post. However, by installing […]
In this post we summarize the discussion in the ITAM review forum and address the issues raised by SAM professionals. In evaluating the effectiveness and usability of Binadox as a solution to manage click-through EULAs and ToS risks, some questions were raised around its applicability, particularly within the confines of a locked down environment. SAM […]
Unless you work in an environment where access to cloud applications is revoked, cloud security issues are unavoidable. However beneficial emerging cloud services could be, security risks they pose to your company can cancel that out. Ultimately, when improperly managed, use of cloud applications could lead to higher expenditures and reputational damages, which companies need […]
There is nothing concealed that will not be revealed. Shadow IT is not the case. Shadow IT refers to IT resources (devices, software, services) used by employees without explicit permission of the organization’s IT department. Either the technology is not approved by the department or IT specialists are simply unaware that a business unit is […]
Introduction A clickwrap agreement is an online contract form widely used over the Internet. It is a prevalent way by which website and software users enter into contracts online. The clickwrap agreement presents the terms and conditions, users have to accept in order to install software or subscribe and use a cloud service. By clicking […]
The Amazon Web Services platform offers cloud computing services for businesses. Appistry registered to use Amazon Web Services. An Appistry employee created an AWS account and during the sign-up process clicked through the AWS Customer Agreement. Later Appistry claimed that Amazon infringed on Appistry’s patents and filed a lawsuit in Missouri. Amazon argued improper venue […]
Google’s ‘AdWords’ program offers ‘pay per click’ advertising, which allows businesses and individuals to increase website traffic. If an internet user searches using keywords bought by an advertiser, the ad appears at the top of the webpage. Every time the ad is clicked, sending a visitor to the advertiser’s website, the advertiser is charged by […]
Syslocate, Inc. provides Global Positioning System (GPS) tracking units. The GPS units allow customers to track location of vehicles via the Syslocate website. National Auto Lenders, Inc. provides indirect lending services for car buyers. NAL purchases installment contracts from retail car dealers and takes liens on the cars that are subject to the loans. In […]