Software Asset Management (SAM) – How It Can Benefit Your Company

Software Asset Management is a critical aspect of any company’s cybersecurity posture. Read on to learn more about it and how to choose the best software asset management tool! 

What Is Software Asset Management (SAM)?

SAM is defined as a business technique that manages and optimizes the acquisition, deployment, maintenance, usage, and disposal of software products inside an organization.

Moreover, as Deloitte adds, any SAM “includes all the necessary processes and infrastructure to plan, control, and protect your investments in enterprise software throughout each phase of the lifecycle.” 

Therefore, software asset management is more than an app inventory tool; it is a framework that covers all software key areas: acquisition, deployment, usage, audit, retirement, and EOL. 

Key Aspects of Software Asset Management 

Licenses

Licenses are the foundation of SAM. Licensing is an asset that must be properly handled. Each license specifies the terms under which the software application can be installed and used, and any company must abide by the licensing agreement’s terms and conditions.

Compliance is the foundation of SAM. Software companies do not want you to use more software than you are licensed to. Despite the fact that SAM is far larger than compliance, compliance is the point

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