# Open iT

> Open iT makes software usage metering and optimization tools for enterprises with expensive engineering and technical applications. Its products help IT, procurement and finance teams distinguish checked-out licenses from active use, reclaim idle capacity, plan renewals and allocate costs across on-premises, cloud and SaaS environments.

- **Founded:** 1999
- **Headquarters:** Houston, United States
- **Founders:** Eistein Fosli (Founder and CEO)
- **Products:** LicenseAnalyzer, LicensePredictor, LicensePlanner, ComputeAnalyzer, StorageAnalyzer
- **Notable:** Maersk Oil case study reports a 39% cost reduction on its most expensive application within one year., Burlington Resources case study reports a 57% reduction in software expenses over two years., Announced successful completion of a SOC 2 Type 2 audit in January 2024.

## Products & services

- **LicenseAnalyzer** — Three levels cover runtime reporting, active-use analysis and managed usage.
- **LicensePredictor** — Forecasts demand and detects anomalies in usage history.
- **LicensePlanner** — Supports contract planning, cost allocation and chargeback.
- **ComputeAnalyzer** — Meters CPU, memory and I/O in grid and HPC environments.
- **StorageAnalyzer** — Analyzes files, disks, file systems and backups.
- **CLIMS** — Centralizes administration of license files and servers.
- **Open iT SaaS** — Managed subscription service for usage analytics and optimization.
- **Insight** — AI-powered natural-language queries within LicenseAnalyzer.
- **Implementation, training and consulting** — Helps teams deploy metering and turn usage findings into decisions.

## Achievements

- Maersk Oil case study reports a 39% cost reduction on its most expensive application within one year.
- Burlington Resources case study reports a 57% reduction in software expenses over two years.
- Announced successful completion of a SOC 2 Type 2 audit in January 2024.
- Announced Leader placement in QKS Group’s Q3 2025 SPARK Matrix for Software Asset Management Tools.

## Latest updates

- **2026-10** — Published guidance on idle detection, suspension and application-specific license harvesting policies, including aerospace and defense workloads.
- **2025-11** — Announced QKS Group SPARK Matrix Leader placement.
- **2024-09** — Version 10.2 expanded cloud license support, including Bentley Cloud, Bluebeam Revu 21 and Tekla Online.

## Links

- Website: https://openit.com/
- LinkedIn: https://www.linkedin.com/company/openitinc
- Twitter/X: https://twitter.com/OpeniT_Inc
- YouTube: https://www.youtube.com/channel/UCxu-8EmGofkzh8PZLZftPDA
- Facebook: https://www.facebook.com/OpeniTInc

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Profile page: https://yespress.io/open-it
Published by YesPress — https://yespress.io
Last updated: 2026-10-24