Software Value Engineering, Monetization Methods, Techniques & Industry Practice

Learn how to find new value from software and hardware products, boost corporate revenue streams and become a hero of business growth in any organization. Value Engineering (VE) is a systemic method of monetizing assets. Students learn to work with the ratio of function to cost, and gain a significant competitive edge in our digitized world. With cloud adoption, virtualization, mobile technology advancements and increased end-user expectations, companies are changing the way they engage with their end users and product / solution offerings. In this course, students learn to go beyond traditional monetization practices of collecting and protecting revenue. They learn best practices to enable and sustain revenue streams.

Topics include:

  • Value discovery, realization and valuation
  • Technical debt management
  • Strategy and modelling end of life and end of services of assets
  • Digital transformational opportunity creation
  • Supply chain optimization
  • Understanding software monetization
  • Recurring, subscription and licensing business models
  • Innovative customer success stories

Skills Needed: Basic Knowledge of software development process and testing methodologies. Any one programming language experience (eg: C or C++) and knowledge of Microsoft Office tools.

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