What is Software Asset Management?

What is Software Asset Management (SAM)? Learn about the importance of Software Asset Management in any organization Software Asset Management (SAM) is a subdomain of IT Asset Management that is concerned with the purchase, deployment, maintenance, utilization, and disposal of software applications within an organization. The International Association of IT Asset Managers (IAITAM) describes Software Asset Management as follows: Software Asset Management is the set of business practices that support the use of software for an organization in a responsible and productive way. These business practices are used to achieve many goals for the use of the software, including customer satisfaction, cost effectiveness, risk reduction, strategic planning, and decision support. Since the importance (and therefore the corresponding risk) of software application has been growing in recent years, the domain of Software Asset Management is becoming increasingly more important. Where SAM practices originated initially as a compliance program, driven by external software audits, the domain has evolved towards more strategic business enablement. In most large organizations today, there are hundreds of different software applications in use. Many of these applications have different purposes and serve different business units or functions. With the rapid adoption of cloud applications (and don’t forget mobile apps), the software environment of most businesses has become extremely complex. Software Asset Management addresses the problem of complexity and aims to reduce the risk [...]