Licensing, Optimization, SAM,
Short Answer
Software asset management (SAM) is a business operations strategy that controls and optimizes the use of software licenses in an organization.
In-Depth Answer
Software asset management (SAM) is a business operations strategy that controls and optimizes the use of software licenses in an organization. SAM helps to reduce costs, negotiate appropriate licensing agreements, avoid legal risks, improve efficiency, maintain compliance, avoid audits, assist in cloud migration and plan for future software resource needs.
SAM involves tracking software purchases, deployments, usage, upgrades, renewals and end of life throughout the software’s lifecycle. For SAM to be successful, stakeholders — software asset managers, analysts, procurement, IT and various business units — need to coordinate and collaborate their information, resources and data.
Software tools can be used to automate and simplify the processes of inventory, discovery, compliance, optimization and reporting of software assets.
SAM is a dynamic practice that adapts to changing technologies, business models and regulations, which is important in ever-changing business and technology environments.
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