4Matt Technology

Software Asset Management: what is it and why is it important

Entre em contato para resolver desafios relacionados a Gestão de Ativos de TI, Revisão de Contratos de Software, SaaS, ITAM, CMDB e Consultoria ServiceNow.For those who have a minimum Information Technology structure, it is essential that everything works in an organized and agile way, both for the success of the business and for the IT area and mainly to reduce risk, as shown by Canal CIO.com. There are some good practices that can be used and that facilitate this type of management, in addition to contributing to the performance of the area, bringing several benefits to the company. Do you know what Software Asset Management is and how important it is? Check out a little more about this methodology that can bring advantages and efficiency to your business.

What is Software Asset Management?

Software Asset Management, or SAM, in English (Software Asset Management), has as main objective to manage the entire software contract cycle, making processes more efficient and reducing as much risk as possible within a company. This methodology was created as a way of optimizing the different software and supporting security, usability and control issues.

The way of doing this management, in practice, allows various activities to be carried out with maximum efficiency, such as identifying assets, selecting the most suitable software for the company's needs, adapting processes, in accordance with ITIL and the identification of deactivated or expired licenses. All of this contributes to the company having better management and optimization.

How is it done?

So that it is implemented correctly and that it can fully fulfill its objectives, SAM is implemented through processes, people and technology. It begins with a complete survey of data about the organization's software assets first, which results in a diagnostic report. Then, the next step is to analyze and identify all gaps in software contract management, identifying what should be improved.

With the improvements in mind, now is the time to implement these changes to the tools. In this case, the inventory of new and old software is also monitored, taking into account its lifecycle and which ones should be exchanged or not. If this process happens continuously and is monitored correctly, all activities related to IT and asset practice will work much more efficiently, bringing advantages and benefits to the company.

How important is this methodology?

This type of management can bring many advantages to a company, allowing a precise change in the points that require improvement and bringing more control, through monitoring, preventing the company from using outdated or worn out applications that cannot integrate fully to organizational processes. In this way, the company can avoid unnecessary risks, costs and waste.

When everything is organized properly, cost and investment forecasting can be done correctly, which brings more security to the company, regardless of how much the financial complexity of your business increases, bringing greater competitiveness, compared to other companies, in addition to more satisfied employees and customers receiving a better quality product and service.

And if you liked this type of text and want to know more about Software Asset Management and how you can adopt different methodologies to bring benefits to your company, read more articles here in our blog! We have several subjects and several options that can help you with tips and new ideas, and if you have any questions, please contact one of our consultants so that he can answer all your questions.

Main Software Asset Management Platforms

Flexera Software: Flexera Software was a global leader in the Gartner Magic Quadrant for 2018 and 2019 for Software Asset Management SAM and Software License Optimization solutions. Its solutions allow companies to gain visibility and control of IT assets.

ServiceNow: ServiceNow has been investing heavily in its Software Asset Management platform and, therefore, in 2021 it can already be considered one of the main Software Asset Management platforms in the world market, especially after the release of Release Roma.

Snow Software: Founded in Stockholm in 1997, Snow Software has rapidly evolved into a market leader and the largest dedicated developer of software asset management and cloud management tools. Today, it offers a comprehensive set of cloud, software, hardware and infrastructure solutions for organizations around the world.

If you liked this type of content and want to know more about software cost management, IT governance and how to optimize processes within your business, check out other posts in our site!

Did you know that 4Matt Tecnologia's team of consultants are PIONEERS in Software Asset Management in Brazil? Contact us

TAG: risk advisory, corporate governance, sam practice, asset inventory, asset records, use of the cloud, sam program, knowledge base, control panel, bet on management, best practices, processes involved, use of software , IT management, data protection, action plan, user productivity, digital transformation, reduce costs, your company's assets, sam software asset management, business processes, work with us, cycle management, useful life, IT assets sam software, reduce costs, management software, risk management, risk reduction, cost reduction, competitive advantage, corporate risk management, partner portal, software assets, customer portal, receive our content, important information, team management, asset management, life cycle, software licenses, information technology, software asset management sam, good practices, it asset, contact us, SoftwareONE sam analysis store the user consent free materials we use active hardware cookies challenges of management gdpr cookie consent plugin consent for the cookies user consent cookies in the category set by gdpr gdpr cookie consent, Asset Manager, Cloud Environment, Management Tool, Provide Information, ITAM Tools, End Users, Best Management Practices, Contract Management, Provide Support, Operational Efficiency, Management Software, Connect with Us, IT Infrastructure, Make Informed Decisions, Mobile Devices, Ethics Channel, Manage Your Assets, Latin America, Receive Content, Software Applications, Continuously Improve , Companies Need These Assets, IT Equipment, Asset Tracking, Management Process, Microsoft Azure, Life of Assets, Databases, Best Practices, Press Office, IT Assets ITAM, License Management, IT Environment, Technical Support, Inventory Management, Digital Assets, Code of Ethics, Making Decisions, Management Manual, Management Practice, Incident Management, Reducing Risks, Incident Management.

Related Posts

Uncovering CMDB: Complete FAQ Guide

In this article, we will explore the world of CMDB (Configuration Management Database), answering the most common questions about this important aspect of IT management. From basic meaning to best practices and its implementation, let's dive into the essential questions related to CMDB. 1. CMDB means? CMDB is the

Read more "

CSDM and ServiceNow: Optimize Service Management!

The Common Service Data Model (CSDM) in ServiceNow is a standardized framework that helps organizations structure and manage their configuration items (CIs), CMDB (Configuration Management Database), and services within the ServiceNow platform. It provides a consistent way to define and relate different aspects of IT services

Read more "

Microsoft SPLA versus BYOL

In the ever-evolving landscape of information technology, cloud computing has established itself as a powerful solution for businesses of all sizes. When moving to the cloud, organizations face the crucial decision of how to manage and license their software. Two common options in this scenario are

Read more "