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Software Asset Management (SAM)

Software Asset Management (SAM) is the process of effectively managing software assets throughout their lifecycle, from acquisition to retirement. This involves tracking software licenses, usage, and compliance to optimize licensing costs and mitigate legal and financial risks.

SAM tools and methodologies can be used to help organizations establish a comprehensive inventory of all software assets, optimize license usage, and ensure compliance with licensing agreements. By using SAM practices, organizations can reduce costs, streamline software procurement and management processes, and ensure that software is being used efficiently across the organization.

Overall, SAM is critical for any organization that uses software. It can help organizations reduce costs, mitigate legal and financial risks, and improve operational efficiency. By effectively managing software licenses, organizations can ensure that they are using their software assets in the most efficient and cost-effective manner possible.

”We would face a lot of problems from software OEMs during our software compliance audit. Chemtrols Infotech has enabled us to get accurate data, and thereby have the confidence to know exactly what software we have and what we use

One of India’s Largest Private Sector Bank
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Key highlights of the SAM service offered by Chemtrols:

  • SAM helps organizations to track software usage and identify unused or underutilized licenses. By optimizing license usage, organizations can reduce costs and avoid overpaying for software licenses.
  • SAM ensures that organizations are compliant with software licensing agreements and regulations. By monitoring software usage and ensuring that licenses are being used in accordance with agreements, organizations can avoid legal and financial risks associated with non-compliance and audit fines.
  • SAM helps organizations to identify unused or underutilized licenses that can be re-harvested and added to a license pool. This pool can be used to optimize license usage and avoid over-purchasing licenses in the future. By re-harvesting licenses, organizations can reduce costs and improve overall efficiency in managing their software assets.
  • SAM helps organizations to ensure that they are using software licenses legally and in compliance with licensing agreements. This reduces the risk of software piracy and illegal application usage, which can result in legal and financial penalties.
  • SAM helps organizations to allocate software license costs to the appropriate departments or business units. This ensures that costs are spread evenly within the organization, avoiding overburdening one department with excessive costs.
  • SAM helps organizations to optimize software license usage and avoid over-purchasing licenses. This saves money that would otherwise be spent on unnecessary software licenses. By tracking and monitoring software usage, SAM also helps organizations to negotiate better licensing agreements with software vendors, reducing costs in the long term.

With our SAM service, you can be confident that your software assets are being managed in a way that maximizes their value while controlling costs and ensuring compliance. Our team of experts will work with you to understand your specific needs and tailor our service to meet those needs. Contact us today to learn more about how we can help you optimize your software assets.

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Chemtrols Infotech Pvt. Ltd. Amar Hill, Saki Vihar Road, Near Saki Vihar Telephone Exchange, Powai,
Mumbai-400 072 India.

+91 (22) 6715 1200

infotech@chemtrolsinfotech.com

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