5 Biggest Benefits of Software Asset Management (SAM)

SAM is a process that helps companies track the state of software throughout its lifecycle, from development to deployment and beyond. It can help maintain consistency in the quality of software across an organization, reduce risk, and improve the efficiency of software development.

The benefits of software asset management (SAM) are numerous. Off the top of your head, you might think about how SAM helps organizations manage their software licenses and data, but there are many more ways that SAM helps an organization run smoothly.

Cost savings

SAM is a cost-saving practice that helps organizations drive down the cost of ownership for their software. SAM reduces costs by improving the quality of your software and making it easier to use. It also improves security, reliability, and performance so you can spend more time working on what matters most: building great products or serving customers—not managing processes around software assets!

Licensing optimization

Software asset management is tracking and managing your software licenses. It’s a cost center for many organizations, so it’s important to understand how to reduce your licensing costs (and get the most from your license).

With SAM, you’ll see which licenses are currently being used by individuals or groups in different areas of your organization. This helps you determine whether those licenses need renewal at regular intervals or if they could be shared among employees who aren’t using them all that often.

You’ll also be able to track how much time each person spends using each piece of software daily and what applications they use more often than others; this information will help determine whether there are any gaps between users’ needs vs. availability within an organization!

Maximize investments

Many organizations deploy software to maximize their investments. In other words, they also want to get the most out of their time and budget. With software asset management in place, you can do just that:

• Maximize your investments: By managing your applications throughout their lifecycle from installation to decommissioning, you’ll be able to ensure they’re being used effectively while minimizing downtime and maintenance costs. You’ll also have access to all necessary documentation at any point in time.

• Get more out of each dollar spent on software: When it comes down to the amount spent on IT projects over time (and how much value each project provides), purchasing decisions should be made based on financial ROI calculations than gut feeling or guesswork alone.

Strategic alignment

One of the biggest benefits of SAM is that it’s a strategic alignment tool. It helps you align your business with the technology, so you can clearly understand what needs to be done and when. You’ll also be able to see where there are gaps in your current processes, which will help make sure the right people or tools cover them.

Stronger security posture

SAM is a key element of any organization’s security posture. It helps to improve the overall security posture of your business by helping you to identify, track and manage software assets more effectively. The benefits of improving your software asset management program include the following:

• Reducing the risk of losing data
• Reducing the risk that sensitive information will be stolen from an unauthorized source

In conclusion, it’s important to remember that software asset management is essential to any organization’s IT infrastructure. By keeping track of your software assets, you can ensure that they’re always in working order and that they’re being used appropriately.

It also helps you ensure that your software is up-to-date and secure. Software updates are a particularly tricky thing to deal with if your company uses legacy systems, but if you’ve got a sound system in place for managing those assets, then it will be easier for your IT team to keep up with security updates as well as new functionality.