Licensing and vendor management can be a very complex task, especially when dealing with multiple providers for multiple services in changing markets, such as cloud and mobility. It’s critical for organizations to develop improved strategies for both license and vendor management, and to truly understand the many implications involved in a licensing agreement.

Martin Prendergast, CEO and co-founder of Concorde, explained: “There has often been a misconception that software asset management is simply about having the deep-seated knowledge about the quantity of licenses within the enterprise. However, over the years this has changed immensely with cloud computing and mobility, and it’s becoming increasingly important to know how to work with vendors closely, and not to overlook important complexities when interpreting and managing software contracts.”

SOURCE: itbusinessedge.com