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.