Softwatch Technologies

Company Overview

Snapshot

Founded in March 2009, Softwatch Technologies operates with 1–10 employees. The company has raised $20.1M across one funding round from 3 investors. In September 2017, SoftWatch announced a patent protecting its unique method of analyzing application usage and segmenting end-users based on usage patterns.

Business overview

Softwatch Technologies provides SaaS-based solutions that enable enterprises to assess, monitor, and manage their adoption of cloud services. The company offers software license optimization, usage metering, and analysis tools. Its patented methodology helps customers globally to optimize software portfolios, drive cloud adoption, and enhance collaboration while reducing costs, serving markets in Israel, the United States, Europe, and Oceania.

Strategic signal

In September 2017, SoftWatch secured a patent for its method of analyzing application usage and segmenting end-users based on these patterns. This intellectual property validation signals a strong foundation in its core technology, offering a competitive advantage in the cloud analytics market and reinforcing its ability to provide differentiated solutions for software optimization and cloud migration.

Company Intelligence Q&A

What is Softwatch Technologies' primary focus?

Softwatch Technologies focuses on providing software usage and cloud analytics solutions to help enterprises assess, monitor, and manage their adoption of cloud services.

When was Softwatch Technologies founded?

Softwatch Technologies was founded in March 2009.

What was a significant intellectual property milestone for Softwatch Technologies?

In September 2017, SoftWatch announced a patent protecting its unique method of analyzing application usage and segmenting end-users based on application usage patterns.

Which companies have deployed Softwatch's solutions for G Suite optimization?

In September 2017, Cargotec expedited its G Suite adoption using Softwatch's OptimizeIT Premium SaaS. In November 2017, Digital First Media deployed Softwatch to maximize G Suite usage, and in March 2019, Red Energy maximized its G Suite usage with Softwatch OptimizeIT SaaS Solution.

What is Softwatch's offering for Chrome Enterprise customers?

In January 2019, SoftWatch began offering its Chromebook Adoption Readiness (CBAR) Tool to Chrome Enterprise Customers. In August 2018, QAD deployed Softwatch's CBAR solution to evaluate their readiness to include Chromebooks as an end-user device.