OpeniT is a software company that provides usage metering and optimization tools. Its software monitors software and hardware usage across organizations to answer questions about license utilization and optimization opportunities. This allows customers to identify unused licenses and hardware resources that can be reallocated, renegotiated, or avoided on renewal to achieve ongoing cost savings. OpeniT collects data from various sources, provides reporting and analytics, and uses rule-based frameworks to help automatically reclaim inactive licenses and optimize asset usage.