Global Giant of Professional Services Accenture has implemented a new software license management application, developed with digital start-up technology from distributed Digital Portal.
Accenture announced in a press release that the blockchain-based application uses the intelligent contract language of Digital Asset, DAML, and is intended to simplify the monitoring of software licenses.
An Accenture representative told CoinDesk that the product is "one of the first blockchain solutions created by Accenture and the first to go into production within the Accenture Operations group".
With the company managing a broad portfolio of software licenses on various companies and customers internationally, he had developed the need for technology that supported policies and procedures, said Melanie Cutlan, senior principal and lead of Accenture for blockchain operations.
"Although the tools for tracking and managing software resources have evolved, it can still be a daunting task for any large organization to manage," he added.
The new blockchain-based application should help Accenture improve the life cycle of managing its software resources, as well as simplify monitoring and control, the release states.
"The power of DLT will simplify the traceability of these licenses and, consequently, the control function so that everyone can see where each license is assigned, with the potential to save millions of dollars a year in the management of their portfolios. of software licenses ".
The new application, which Accenture has declared patent pending, will effectively enable organizations to reduce the risk of using unauthorized software or not to comply with the terms of license usage. It is also expected that it will ensure greater transparency regarding the distribution and use of licenses, according to the press release.
"This new software resource management application shows that DAML and DLT can offer significant levels of operational efficiency for the use of cases beyond financial services," according to Chris Church, Digital Asset's Chief Business Officer Officer.
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