Simply put, Software Asset Management is a business process that can help you reduce your licensing costs and optimize your software assets. The business benefits of Software Asset Management are:
Reduce software licensing costs – only purchase/renew licenses for software that you use. Track all your license rights, such as upgrade, downgrade and transfer rights to optimize the way you account for and use your software assets.
Reduce help desk costs – on average, 50% of the time spend troubleshooting computer issues is spent on obtaining the computer configuration. With proper Software Asset Management program, you will easily know the computer configuration and what software from the authorized software stack is installed.
Minimize unauthorized software usage and security risks – SAM empowers you to use the right software for you. Ensuring that your employees are only using authorized software helps increase employee productivity and avoid security risks.
Reduce business and legal risk due to not meeting regulatory requirements, or not complying with software vendor license agreements. SAM will help you minimize the risk of a software audit and help avoid fines as a result of not being properly licensed.
Better negotiation capabilities with your software vendors – knowing exactly what you have and what you need, as well as the number of licenses you need and your current license rights puts you in control in your next license negotiation.
Software Asset Management is about taking control – control over your assets, control over your risks, and control over your infrastructure. Take control today.
About Laura Miller
Laura Miller is the Senior Director of Sales Operations, ITSM at SolarWinds. She works one-on-one with customers ranging from SMB to Fortune 500, providing them with a modern way to look at service management. Laura's ITIL experience and ITIL v3 Foundations certification provides her with a unique understanding of the service management industry. Her guilty pleasures are anything chocolate, ice coffee, and reality TV.
Read more articles by Laura