Software Asset Management (SAM)
Software Asset Management (SAM) is the management practice that allows companies to proactively manage their software and IT assets to increase cost efficiency, support business growth, and improve resilience to business disruptions. Backed by international standards, SAM enables full control of one of the most valuable and critical corporate assets through well-defined processes and procedures.
The BSA Global Software Survey shows that organizations can achieve as much as 30 percent savings in annual software costs by implementing a good SAM program.
Regardless of size, all organizations can benefit from having a SAM system in place. A good software asset management program:
- Increases cost efficiency – A detailed SAM plan helps identify the hardware and software needed to achieve organizational goals. It can also identify old or redundant software and develop plans to remove, replace, or upgrade as necessary instead of paying for software that will not be used;
- Supports business growth – SAM provides the foundations needed for growth. It provides a cyclical process that helps ensure a return on investment (ROI) on software assets and it encourages good corporate governance, the policies and processes that ensure an organization operates in the correct legal and regulatory approach; and
- Protects against risks – SAM helps reduce potential vulnerabilities from outdated software which helps minimize the risk of data breaches and other cybersecurity threats. It also allows organizations to identify unlicensed or illegally used software and remove it quickly, minimizing any legal and financial risks.
BSA offers a comprehensive course that teaches IT professionals and consultants the ins and outs of software asset management. Through the BSA Verafirm SAM Certification Program, participants are trained on how to establish, implement, maintain, and improve SAM systems by applying principles and processes from the latest industry standard, ISO 19770-1: 2017.
For more information on the BSA Verafirm SAM Certification and to register, visit www.bsaverafirm.org/samcertification.
The ISO 19770-1 Standard
ISO 19770-1 was developed to provide a management framework to organizations looking to implement a standards-based SAM system and to allow organizations to benchmark their SAM practices against such a standard which satisfies corporate governance requirements.