A Software Asset Management strategy is not something that can be taken lightly. It must be considered a part of the vital path to achieving a critical business goal, like reducing audit risk or lowering costs. With this in mind, strategic Software Asset Management needs to be approached as a business-critical initiative, complete with executive sponsorship within the organization.
SAM provides businesses with several benefits. In addition to the obvious goal of reducing risk through license/entitlement compliance, when used effectively SAM helps you identify different programs or applications that may be redundant within the organization, enabling you to standardize tools and consolidate unnecessary products; saving time and money that is wasted by reducing the number of software redundancies in your estate. This will help to reduce security risks by completely removing the vulnerabilities present in the software titles that you are able to eliminate, further enabling the realization of cost savings through the reduction of software maintenance and renewal overhead. Knowing the software installed across your enterprise also helps you to understand and remediate your company’s overall security vulnerabilities.