New licensing model offers low-risk access to best-in-class design software
SINDELFINGEN, Germany - October 4, 2004 - CoCreate Software GmbH, a leading provider of 3D CAD and collaboration software, today announced that all of its products are now available via full-subscription licensing.
With full-service subscription licensing, companies can "rent" software including full customer care on an annual basis. OneSpace.net full-service subscriptions start at $438, OneSpace Designer full-service subscriptions at $2780.
With this announcement, CoCreate now offers one of the broadest choices of licensing options in the industry, one that includes both ownership and full-service subscriptions. CoCreate, as well as industry analysts, note that traditional licensing, in which a company owns a permanent seat of software, sometimes compels businesses to buy more product than they need, while smaller companies delay purchases that could benefit their business due to the risk involved in a major software investment.
"Forrester estimates that US firms overspent on technology by $65 billion between 1998 and 2000," writes Nicholas Wilkoff, Forrester Research, Inc., in his March 2004 report, The Future of Software Pricing. "Today's pricing models don't help the cause, encouraging buyers to stock up on seats to accommodate unplanned spikes in usage. Buyers can avoid this overspending by tying their software costs directly to usage."
CoCreate's full-service subscription licensing is ideal for companies that want to minimize capital purchases and free themselves of financial risk. This licensing strategy provides companies the luxury of improving their products by designing with state-of-the-art technology with no capital outlay required. Tying software costs directly to usage, as suggested by Forrester Research, further enhances a fast yield on a minimal investment.
CoCreate's full-service, 12-month subscription licensing provides the complete product and full customer care. New service packs and major new releases as well as support and maintenance are included. Online training materials will provide ongoing education.
"Many companies are thinking carefully about the degree of capital investment and long-term commitment they are willing to make in today's economic climate," said William M. Gascoigne, CoCreate CEO. "CoCreate has responded to the uncertainty by offering full-service subscription licensing to address those concerns and allow customers to switch without penalty to the full-ownership model at a later date."
About CoCreate
CoCreate develops 3D CAD and collaboration software for manufacturers and their project teams who need work done today, not tomorrow. Our mechanical CAD product, Designer Modeling, is for designers who need freedom to create and change 3D designs without misunderstandings or delay. Model Manager, a data management product, is for teams who can't afford to work on the wrong revision of a 3D CAD model or 2D drawing when creating assemblies. OneSpace.net collaboration software is for project teams who are overwhelmed by the complexity of a design process that stretches across sites, contractors, or outsourced teams.
We help teams design products, manage CAD data, and share ideas so they can reach their time-to-market goals.
