SOFTWARE RUN FROM CD

Copy it to a folder on the hd and install from there. Be sure AV is off else some files may be blocked.

EMD

You can achieve this by using MagicDisc, which is free:

http://www.magiciso.com/tutorials/miso-magicdisc-overview.htm

The above link will have a version to suit you, whichever operating system you are using. :)

First donwload/install imgburn - http://www.filehippo.com/download_imgburn/

launch the program and select the option to copy disc to file (iso)

once the disc is copied...

download/install magicdisc - http://www.softpedia.com/get/CD-DVD-Tools/Virtual-CD-DVD-Rom/MagicDisc-Virtual-DVD-CD-ROM.shtml

Right-clik the magicdisc icon on your toolbar, mount the iso file that you created from your cd. The iso will be mounted as a drive letter in mycomputer. Just access like you would a cd.