Software Asset Management (SAM) - take control of your investments Protect yourself against the financial risks from license audits, and eliminate unnecessary software costs for good.
Did you know that almost a quarter of software bought by companies never gets used? Or that the value of that unused software sitting on corporate PCs is around US$ 400 per computer? Not only that, every year, two-thirds of companies get audited by software vendors to check they have the right number and type of licenses. Failing that kind of test cannot only be expensive but also painful facing unbudgeted costs!
The good news is:
There’s a straightforward way to protect your organization from the costs and risks of these scenarios – Software Asset Management.
Fundamental Goals for Software Asset Management
There are three essential objectives for your corporate Software Asset Management program:
- Discovering unauthorized software deployments: Cost control and demand transparency require corporate governance concerning software usage. Every deployment is a financial investment that needs appropriate approvals from people that are responsible for the budgets.
- Identifying wasted software expenditure: While actual demands and requirements are changing constantly, it is important to gain transparency about the return on previous investments. They lead to follow-up expenditures for maintenance fees or update licenses and it is essential to have all information to evaluate if they are still appropriate.
- Strengthening negotiation positions with software requisitioning: Effective software portfolio and vendor management requires understanding how your demand for software is developing. If you are able to identify trends and changing needs, your negotiations with your suppliers are much more effective.
What makes a good Software Asset Management solution?
Software Asset Management solutions are essential to gain transparency over your investments into software by providing a complete overview of both deployed applications and purchased licenses. They must effectively cover all types of provisioning – applications on client and server computers, mobile devices as well as the cloud. The SAM solution of your choice must support your goal to identify and mitigate possible financial risks from license shortfalls as well as tracking usage and consumption so you can analyze opportunities to reduce the number of required licenses. One of the major prerequisites is that your SAM solution is flexible enough to support involved people, automate routine jobs and integrate with all software related processes.
Your Benefits are:
- Complete transparency and control over all your software investments.
- Improved position to avoid or at least reduce efforts with any vendor audit.
- A strong negotiating position with budget holders and vendors.
- Lower software costs by eliminating unnecessary software spending.
- Avoidance of financial and legal risks associated with license compliance failures.
Did you know?
Software Asset Management is a cross-organizational and cross-processual function. Essential prerequisites for success is corporate governance, roles, responsibilities and comprehensive coverage of all you software-related processes. Quality, consistency and accuracy of all data involved is one of the major obstacles. This is why effective SAM not only requires seamless integration into all relevant processes but also coverage of all four cardinal directions: clients, servers, mobile devices and the cloud.