The underlying justification for Software Asset Management is the need to apply good corporate governance to an organisation’s software assets.
SAM is an essential part of the overall IT Asset Management process, with licence management tools becoming a vital and logical part of the Configuration Management Database (CMDB) and Service Management programme. Software Asset Management, however, is more complex and more demanding than hardware asset management - SAM processes, therefore, need a higher priority and should be more comprehensive in content.
The role and importance of software has changed dramatically over the last few years, with software now regarded as a critical business asset. In turn, Software Asset Management has become imperative and should never be underestimated - if it is, Directors expose their organisation and themselves to legal and financial risk.
Get it right and Software Asset Management can deliver savings of around 30% per asset in the first year alone (Gartner Group).
Phoenix Software has completed more than 450 successful Software Asset Management projects for a wide variety of customers from across the following market sectors: