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Why Software Asset Management Matters

Software asset management Why Software Asset Management Matters Businesses could be putting themselves at risk, including for shadow IT, due to lack of up-to-date software asset management tools and processes. IT Spending Disconnect Only 33% of organizations have SAM processes in place, despite global businesses and governments spending $579 billion on software and $361 billion […]

Written By: Gina Roos

Jan 4, 2016

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Software asset management

Why Software Asset Management Matters

Businesses could be putting themselves at risk, including for shadow IT, due to lack of up-to-date software asset management tools and processes.

IT Spending Disconnect

Only 33% of organizations have SAM processes in place, despite global businesses and governments spending $579 billion on software and $361 billion on hardware in 2015.

Decentralized Repository

More than 30% said their organizations have an inconsistent or decentralized software repository, due to a range of problems, including insufficient business buy-in, data quality issues, licensing complexity, a lack of skills from IT staff, and underlying licensing complexity.

Full Visibility

Only 17% have tools to accurately track and understand the complexity of the software that is in use across their organizations’ desktop workspace.

Shadow IT Impact

Business and employee purchases account for 40% of a company’s IT spending.

Audit Risk

Nearly 60% of businesses have been audited more than four times per year, representing potentially huge costs due to unplanned/unscheduled work.

Less Visibility Equals More Audits

37% of businesses deal with one to three audits per year, 47% experience at least four to 10 audits per year, and at least 12% undergo 10 or more audits per year.

Draining Resources

37% of software is unused, at a cost of $30 billion to businesses in the U.S. alone, according to 1E’s recent benchmark study of the “Real Cost of Unused Software.”

Shift to Cloud-Based Services

29% of an IT organization’s application portfolio is being deployed in the cloud, but this is expected to increase with 42% of all applications being deployed in the cloud within the next two years.

Why Software Asset Management Matters

Gina Roos

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