Software

Software Asset Management Can Deliver Tangible Savings [#Infographic]

Businesses can use software asset management tools to address inefficiencies in their software usage, leading to fewer audits.

Phil Goldstein

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Phil Goldstein is a former web editor of the CDW family of tech magazines and a veteran technology journalist. He lives in Washington, D.C., with his wife and their animals: a dog named Brenna, and two cats, Grady and Princess.

Organizations are expected to spend $332 billion on software in 2016, according to research firm Gartner, covering everything from office productivity tools to specialized applications.

Some organizations may not know how many software licenses they have or how they are actually being used, yet 81 percent of organizations surveyed by Flexera Software say that managing software licenses is important to them.

Gartner says that software asset management (SAM) tools can automate, accelerate and improve the manual processes of checking which licenses an organization has, and whether they are overspending on software. The research firm estimates that SAM tools can help save organizations up to 30 percent on software costs.

Organizations wasted $30 billion on unused software in 2015, according to software lifecycle consultancy 1E. To avoid that waste, organizations need to do some digging to find out their current contract and asset situations. IT organizations that do not know all of the details will be in the dark about whether they are in compliance with their software license agreements, which may lead to audits. SAM solutions can help significantly reduce the amount organizations pay during audits and cut down on the number of audits they are likely to face in the future.

Take a look at the infographic below to see how organizations can get ahead of software licensing issues, increase efficiencies and cut costs. And to learn more about software asset management and how your organization can find savings, visit CDW.com/softwaremanagement.