Open iT

Open iT was founded in 1999 in Oslo, Norway by Eistein Fosli after providing strategic consulting to large oil and gas customers for over a decade. He realized companies needed a tool to help them meter, analyze and optimize their software portfolio as well as other IT assets. Initially, Open iT targeted the oil and gas sector but quickly spread out to other industries such as manufacturing, aerospace and automotive.

Growth was happening all around the globe and in 2005, Open iT, Inc. opened its new office in Houston, Texas and became the company’s main headquarter up to the present.

Continuing expansion into new markets and regions led to the opening of our offices in Lucban, Philippines in 2007. As our business grew, we expanded moving to Lucena City, Quezon, Philippines 2 years after.

With offices in three continents and a partner network, Open iT sells and services Global Fortune 500 customers worldwide.

Open iT is a privately held corporation that is very proud to be debt free and have continuous growth since 2002.

Open iT now provides a host of capabilities to assist clients in optimizing their IT resources including software licensing across specialty applications that run off a license managers such as FlexLM, Sentinel, Reprise and 24 others that are predominantly in the oil and gas, automotive, aerospace, manufacturing, Electronic Design Automation and engineering industries. But, we don’t stop there. Open iT can meter any application such as Oracle, SAP, IBM, Microsoft, Adobe and others. We also have the ability to meter and report on some hardware resources as well to help give clients a global view of their environment.

In 2015, Open iT expanded its offerings and targets to the Independent Software Vendors (ISVs) with our Elastic Licensing. Elastic Licensing enables ISVs to offer various types of licensing agreements based upon consumption by the end user helping move to a more robust and optimized form of software licensing for their customers.

Today, Eistein Fosli is the CEO and leads over 100 employees’ worldwide helping customers optimize their IT resources which in turn provides compliance across their enterprises.