While many academic projects develop software, methods, and/or products that may be of broad interest, few are licensed for use outside the institution of origin. Within an academic setting, there are key challenges to building and sustaining healthcare technologies and translating them into widely available tools with a national or global community and user base. Hurdles include identifying broad and significant gaps and needs, acquiring funding for developers, project management, user support, implementing commercial grade development processes and user experience design, and choosing a sustainable financial model and licensing plan. In addition, moving beyond the academic sphere into the commercial realm requires an investment in business processes and skills, including the need for branding, marketing, sales, business development, operating, infrastructure, regulatory/compliance, legal, and fundraising expertise. This report will share experiences and insights based on imaging informatics platform licensing, illustrated with the following examples: First, a clinical trials imaging informatics platform will be discussed, developed initially to manage all the clinical trials imaging assessments within a premier Comprehensive Cancer Center. It was then licensed, initially through multi-center academic licensing, and now licensed commercially for use in over 4,200 active clinical trials at 22 organizations, including 12 NCI-designated cancer centers. Second, a web-based medical imaging framework and its underlying libraries will be covered, an open-source software platform that has become the standard for over 1,000 academic and industry software projects. Providing a road map for translational licensing from academia may help guide other projects to enable use beyond the institution of origin.