Gartner: Re-negotiate software license deals now

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Gartner: Re-negotiate software license deals now

Emerging trends in IT hardware could force software licensing costs up by more than 50 percent over the next year, unless businesses renegotiate existing contracts now, according to research company Gartner.

Gartner claims the move to multicore-chip architectures, virtualized hardware and utility computing threatens existing capacity-based, or CPU-based, licensing agreements offered by the major software vendors.

News source: ZDnet