Our SaaS Management Blog | Binadox - SaaS Management

SaaS Cost Optimization Best Practices

According to BDO, 74% of Tech CFOs say cloud computing will have the most measurable impact on their business in 2017. Considering undeclining SaaS adoption rates and that an increasing number of SaaS app purchases are made bypassing IT and Procurement, thus exposing the whole business to security and compliance risks, as well as extra […]

Adopting Value-Adding SaaS Procurement

  SaaS Procurement is Crucial Procurement is an important function nearly in any company. The common view is that the Procurement’s major objective is to drive the bottom line down. However, the recent trend among the companies is shifting the focus from cutting costs to adding value. We, at Binadox, suggest you adopting the idea […]

Another Perspective of SaaS Monitoring

  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 […]

Binadox Introduces the Box Connector

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 […]

CIO’s Role Evolution

  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 Applications: Any Risks?

  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: Shifting Focus to SaaS Cost Optimization

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 […]

Cloud Age Challenge: Managing SaaS Applications Costs

  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 […]

Binadox: A Smarter Tool for License Processing

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 […]

What Legal Experts Think About the Binadox Solution

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 […]

NLP in the Service of Software Assets Management and
Software License Compliance

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 Review on Binadox

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; […]

We wish you a Merry Audit and a Happy New Year!

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 […]

Managing Shadow IT in Three Steps

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 […]

Shadow IT: The Good, the Bad, and the Costly

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 […]

Click-Through Agreement Risk Management Solution:
Feedback from SAM Professionals

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 […]

Cloud Application Threats in Terms of ITAM

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 […]

Shadow IT: What is it and what’s behind it?

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 […]

Are clickwrap agreements held enforceable by American courts?

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 […]

Clickwrap held enforceable.
Appistry, Inc. v. Amazon.com, Inc. (2015)

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 […]