What is Software Asset Management, and Should I Care?

In today's fast-paced business landscape, managing your software assets efficiently isn't just a smart move; it's a necessity. Enter Software Asset Management (SAM), a crucial practice that can significantly impact your organization's performance, optimize your investment, and ensure compliance with software vendor license agreements. But what exactly is SAM, and why should you care?

What is Software Asset Management (SAM)?

At its core, SAM is a comprehensive strategy for overseeing and optimizing the software assets within your organization. It involves the processes, policies, and tools that enable you to gain control over the software in use, monitor consumption, and maintain compliance with software licensing agreements. In essence, SAM provides you with a clear picture of your software ecosystem, allowing you to make informed decisions and reduce risks associated with unauthorized or non-compliant software usage.

The Importance of SAM

1. Improved Performance: SAM helps streamline your software footprint by identifying and eliminating redundant or unnecessary software and allowing you to strategically consolidate on a chosen provider to meet the needs of business users at an acceptable cost. This optimization translates lower risk of harmful software being introduced, reduced costs overall, and a consistent approach for users.
2. Maximized Investment: To make the most of your software investments SAM helps you avoid over-licensing or under-licensing, making IT delivery more cost-effective and sustainable.
3. Software License Compliance Controls: Compliance failures can lead to costly fines and reputational damage. SAM, integrated into ServiceNow, monitors software consumption and alerts you when licenses are insufficient to cover demand or when excess licenses are present. This proactive approach ensures compliance and avoids legal headaches.

Why Choose Velocity Consulting for SAM Implementation?

Implementing SAM effectively requires expertise, dedication, and the right partner. At Velocity Consulting, a ServiceNow Premier Partner and consultancy, we have over 15 years of experience in delivering successful outcomes with ServiceNow. Here's why we're the ideal choice for your SAM journey:

- Most Knowledgeable Consultants: Our team comprises some of the most knowledgeable consultants in the industry, ensuring that you receive expert guidance and solutions tailored to your needs.

- Honesty and Integrity: We prioritize honesty, integrity, and a focus on business outcomes in every interaction, providing you with the best possible solutions.

- Value in Every Call: With our dedicated account managers, each boasting a minimum of 10 years of experience, you can expect valuable insights and support every time you reach out to us.

- The A-Team Every Time: When you partner with us, you get the A-team working on your SAM implementation, guaranteeing top-notch results.

- In-Depth Understanding: We take the time to get to know your business intimately, ensuring that our SAM solutions align perfectly with your goals and requirements.

In conclusion, Software Asset Management (SAM) isn't just a buzzword; it's a strategic imperative for organizations. SAM can significantly improve your overall IT performance, maximize your platform investment, and ensure software license compliance. When you choose Velocity Consulting as your ServiceNow consultancy partner, you're selecting a team of experts with a proven track record of delivering exceptional outcomes. So, embrace SAM and take control of your software assets for a more efficient and compliant future.