Software assets- An important component of IT asset management
The process of software asset management involves several factors concerning the entire IT infrastructure of an organization. Being an integrated part of IT asset management practice, SAM largely affects the growth and available resources for organizations. Managing of software tools within an organization, their purchase; their licensing and their deployment are some of the major components that are taken care of in SAM. In all these processes, this application helps IT teams and licensing and auditing experts in conducting the mandate steps while following the industry standards and compliances.
Thus, this tool enables enterprises in analyzing their available resources in the form of application enefits and plans a course of action in strengthening the IT infrastructure. In addition to that, with present software, organizations is able to identify what all utility deployed are illegal or downloaded as freeware. Lepide Software Asset Management also helps in making estimations about the required and available tool licenses, on the basis of which licenses are purchased. By doing so, the possibility of redundancy is vastly eliminated. Redundant software applications and application licenses can be chalked out, thus helping in saving expenditure on additional procurements.
The biggest benefit of well structured IT asset management software is that it helps enterprises comply by various security and licensing standards set by regulatory bodies. For one, organizing application licenses gets simplified as complete information about the available licenses, i.e., those in use or those which are about to expire, are obtained along with compliance standards. Secondly, by adhering to the compliance standards, organizations are able to avoid legal and business risks. A well planned software asset administration also helps in curbing additional costs and overheads. This in turn, boosts up the overall It infrastructure.