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in this video Id like to introduce one of the X formations superior license management products license statistics and show you how it can impact your business operations and profitability but before going further Id like to answer the question of why its important to monitor software license usage in the first place whether you are a small company medium business or large enterprise software asset management is a critical part of your business success software can be very expensive especially engineering applications but not only do you have to pay for the purchase but also for maintenance support and upgrades and you pay regardless of whether or not the software is actually being used log of control and understanding of how software is being used can negatively impact decision making the end result is waste in spending that comes from purchasing and paying for licenses that are never used or not used enough not having enough licenses poorly allocating existing ones and not ensuri