First of all, the software license program in a business organization can be seen in 2 business user groups. First, who utilize ‘End User’ and second, the business groups who develop the program. These are the factors that should be considered:
For those organizations that develop the program, release or service as a platform. For this case, the software valuation will consider:
First, program development costs, history since the start until the present, see the program components as modules in which the cost of program development can be calculated as ‘Man-day’.
Next, the program’s potential to generate income which is divided into 2 main groups: selling rights which will have implementation fee, modification fee, and annual maintenance fee. On the other hand, for those programs that are platforms for rent will have to pay attention to the number of users on that platform, membership fee compared to market competitors. The other incomes can be advertising expenses etc. As for the platforms that are under development or a conceptual model that has not been released yet, they can be released as well. However, kindly note that it will be a technology valuation or innovation under the assumption.