Commonly known as SAM, software asset management is the process by which organizations are able to easily and effectively manage and control their software applications.
The process of software asset management involves the process of streamlining of IT processes and infrastructure such as planning, implementation, utilization, maintenance, licensing, and disposal of the software assets within an organization.
The asset management software accomplishes the primary task of increasing productivity of an organization. This is made possible because the asset management software helps protect the software investments made by the organization. It does this by tracking the software applications that the organization owns where they are being used, and the efficiency of use.
Now let’s see as to how do the asset management software helps in improving productivity of an organization?
The asset management software helps in improving the organization’s productivity in the following manner:
Software Licensing Costs: With the help of asset management tool, the organizations are able to track all matters relating to purchase and renewal of its software licenses such as transfer rights, upgrades, and downgrades. Using this tool, the organization is able to ensure that it purchases or renews only those software licenses that are beneficial to the users thereby saving on costs.
Up-time: Since the organizations are able to enforce maintenance schedules, the software asset management increases the up-time of an organization’s IT infrastructure. As a result, routine updates and software patches are installed in a timely manner thereby reducing the chances of software crashes, and other such similar issues that might cause downtime.
Other Capital Assets: Using a software asset management tool, an organization may be able to easily and effectively manage capital assets such as investments and equipment. This feature is specifically beneficial to small organizations.
Prevent Security Risks: With the help of a software asset management tool, organizations are able to prevent security risks that are associated with unauthorized usage of software, or illegal and unauthorized software.
In a nutshell, we can say that the software asset management tools prove to be very beneficial for small, medium, as well as large organizations.
Lepide Software Asset Management is a professional, efficient, and powerful tool that is specifically devised to easily and efficiently manage assets of an organization. More information : http://www.lepide.com/software-asset-management-overview.html