Software asset management savings gartner

Accredited providers in the microsoft sam managed service program are experts in helping organizations gain and maintain control over it costs, risks, and complexity, while providing insights and recommendations for getting the most value from software investments. Stephen white research director 4 years at gartner 16 years it industry. Were incredibly proud to have received this recognition for the second year in a row. Many statements are bandied about the industry on how much you can save with software asset management, for example. So what can your organization do to use software asset management sam to help your bottom line and protect your brand. Quantifying the value of software asset management 2 solutions, like hardware, because it is intangible, making it much harder to monitor, control, and manage.

Flexera is positioned highest for ability to execute in the leaders quadrant. Software asset management solutions play a central and integral part in cutting software spend. Put another way, effectively managing software can save serious cash. Accredited providers in the microsoft sam managed service program are experts in helping organizations gain and maintain control over it costs, risks, and complexity, while providing insights and recommendations for getting the. Gartner suggests license optimization practices to cut. Up to 30% of your software spend, according to a recent gartner study. Software optimisation services included in gartners market. Organizations can realize cost savings between 5% and 35% by implementing focussed software asset management practices gartner. Many statements are bandied about the industry on how much you can save with asset management, for example.

Why you should have it asset management many statements are bandied about the industry on how much you can save with asset management, for example. Software license management can be complicated due to various business functions making software purchases also called shadow it and vendors complex pricing models. According to gartner, organizations can cut software spending using the following. According to the information technology infrastructure library itil, sam is defined as all of the infrastructure and processes necessary for the effective management, control and. According to gartner, the introduction of an effective sam programme has the potential to reduce company it costs by up to 30%. Cut software spending safely with sam organizations can cut spending for software licenses by as much as 30% by implementing the three software license optimization best practices presented in this gartner. Software asset management tools are essential for the management of increasingly complex softwarelicensing models. Software asset management is the business strategy for reclaiming budget and maximizing savings by actively controlling and automating procurement, usage, and deployment of software licenses. Cost savings and brand protection from software asset management. Sos is one of only two vendors headquartered in australia to be included. Market guide for software asset management managed service providers gartner id. Software asset management sam tools automate many of the tasks required to maintain compliance with software licenses, thereby controlling software spending.

Gartner magic quadrant for software asset management tools, 2018 asperas focus on largescale enterprise software asset management means we devote the time and effort to running pocs. Stephen white is a research director in gartners it asset management, vendor management and procurement team, focusing on strategic licensing and negotiation strategies, asset management, and reseller engagement. Gartner names flexera a software asset management leader. Gartner names flexera a 2019 magic quadrant for software asset management tools leader. Savings too large to ignore as global software spending forecast to. Mar 15, 2018 it asset management is an insurance policy designed to mitigate that risk. The money is owed to the software publisher by law, whether or not an itsam program is implemented and the discrepancy is discovered. Gartner reported that organizations with mature software license optimization processes that were automated using sam tools reported reducing software expenses, on average, by 30% within the tools first year of operation.

This article is intended to help the reader understand why companies implement asset management software and what the potential benefits are. Connecting with partners partnerships are essential to building complete customer solutions, driving business growth, and meeting customer needs. Optimizing software configurations to achieve compelling savings by leveraging. Software asset management can save a company upward of 20 percent of its software budget while protecting the organizations hardearned brand reputations. Gartner analyst patricia adams published a new marketscope for it asset management repositories last month view a reprint here in case my link sets off the gartner intellectual property fire alarm as it appears to have done in previous years you can also view a reprint via this blog post from jon hall at bmc the analysis is split into two parts. Microsoft sam software asset management cost savings. Stephen white is a research director in gartner s it asset management, vendor management and procurement team, focusing on strategic licensing and negotiation strategies, asset management, and reseller engagement. Software optimisation services included in gartners. Evaluate software asset management savings with sam tool justification calculator, g00303174. Gartner market guide for software asset management managed service providers, stephen white, february 12, 2018. Sam cuts software spend software asset management sam. Organizations can realize cost savings between 5% and 35% by implementing focused software asset management practices gartner less common, are examples of organizations explaining how they actually went about it. Hank marquis, research director at gartner, said achieving software savings is a.

Jul 29, 2010 many statements are bandied about the industry on how much you can save with software asset management, for example. Key driving factors companies implementing asset management software can expect substantial financial savings. 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. According to gartner, software licensing and maintenance activities comprise close to 22 percent of the it budget for many companies. Jun 25, 2018 gartner has identified two key developments that will shape itam until 2020. Leveraging software asset management sam tools to scale your software license optimizations. Stephen white is a research director in gartners it asset management, vendor management and procurement team, focusing on strategic licensing and negotiation strategies, asset management, and. In the world of it, the same can be said of software asset management sam, and the many opportunities it offers businesses to save money. The market guide for software asset management managed service providers gartner id. Software optimisation services sos is delighted to announce it has been included in gartners global 2018 market guide for sam software asset management managed service providers for the first time published 9 th february 2018. Microsoft sam or software asset management cost savings now thru 2025.

Gartner says organizations can cut software costs by 30 percent. Less common, are examples of organisations explaining how they actually went about it. Dec 20, 2016 optimizing software configurations to achieve compelling savings by leveraging entitlements. Effective software asset management sam includes the practices, people, processes, and technologies required to manage all aspects of an organizations software assets across their lifecycles. Jul, 2017 stephen white research director 4 years at gartner 16 years it industry. And its much more effective than overbuying from all of your software publishers. Software asset management is a crucial business practice that combines policies, processes, and supporting technologies to improve software budgeting, purchasing. Many organizations can cut spending on software by as much as 30. Cost savings through management and modernization according to landesk it asset management evangelist patricia adams, organizations can expect to achieve between eight percent and 15 percent savings annually on a managed asset by implementing a software and hardware asset management program. Ems realized cost savings for cios do you know jack. The software asset management skills gap stephen white. Prepare your it asset management for 2020 smarter with gartner. They facilitate the indepth analysis of software assets by decoding software license entitlements, automating the collection of software consumption data, establishing independent.

Yet still a number of companies remain reluctant to take the shot. Software asset management tools are essential for the management of increasingly complex software licensing models. Nov, 2018 stephen white research director 4 years at gartner 16 years it industry. Software asset management sam is all the capabilities necessary for the effective management, control and protection of software assets be those onpremises or in the cloud throughout all stages of their lifecycle. According to gartner, software licensing and maintenance activities comprise close to 22 percent of the it budget for. Gartner, magic quadrant for cloud management platforms, 7 january 2019, dennis smith, matthew cheung, colin fletcher, padraig byrne gartner magic quadrant for software asset management tools, roger williams, matt corsi, ryan stefani, 24 april 2019. Organizations can realize cost savings between 5% and 35% by implementing focused software asset management practices gartner. All of us at flexera are incredibly proud to announce that flexera has been named as a leader in the 2019 gartner magic quadrant for software asset management tools for the second time gartner positioned flexera as a market leader upper right. According to the information technology infrastructure library itil, sam is defined as all of the infrastructure and processes. The goal of itam is to help organizations manage their hardware and software inventory more effectively and avoid unnecessary asset purchases.

Apr 03, 2016 cost savings through management and modernization according to landesk it asset management evangelist patricia adams, organizations can expect to achieve between eight percent and 15 percent savings annually on a managed asset by implementing a software and hardware asset management program. Less common, are examples of organizations explaining how they actually went about it. Wherever you are in the process of implementing software asset management sam in your business, this web page provides information to help you go. Gartner names flexera a 2019 magic quadrant for software asset. Through 2020, only 25% of enterprises will be satisfied that their sam tool purchases align well with prepurchase expectations of value. As gartner states a sam tool can automate, accelerate and improve manual processes, i believe this contributes to the reduction in the time and effort required when optimizing existing software assets. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with. For information on flexeras position as a leader in gartners 2019 magic quadrant for software asset management tools, download a complimentary copy of the full report. May 23, 20 gartner analyst patricia adams published a new marketscope for it asset management repositories last month view a reprint here in case my link sets off the gartner intellectual property fire alarm as it appears to have done in previous years you can also view a reprint via this blog post from jon hall at bmc. This gives us the knowledge to apply our proven, flexible tools and inhouse expert services to help these companies save up to 30% in their software licenses.

Software asset management includes built in software license calculation intelligence, easily applied to software entitlements without writing a single line of code. Its not exciting, but asset management software can lead to something that isit cost savings. The global tech market outlook for 2018 to 2019 ii gartner. Recycling software licenses by optimizing your daily it operational activities. Gartner marketscope for the it asset management repository. Software asset management sam is a business practice that involves managing and optimizing the purchase, deployment, maintenance, utilization, and disposal of software applications within an organization. These calculations are automatically run weekly or on. This is an increase in satisfaction by only 2% compared to 2016. Flexera has been named a leader in the 2019 gartner magic quadrant for software asset management tools.

In software asset assessments recently performed by deloitte, companies had unrealized cost savings totaling 25 percent of their annual maintenance spend. Information technology asset management itam is a set of business practices and tools for optimally supporting lifecycle management of it assets and strategic planning for the it environment. Assessing software asset management effectiveness introduction. Apr 30, 2019 flexera also takes a customerfirst approach to ensure customer successa quality noted in the gartner magic quadrant for software asset management, april 2019 report. Cost savings and brand protection from software asset. Gartner names flexera a 2019 magic quadrant for software. Infrastructure and operations leaders will need to understand the market to select vendors that meet their needs for reducing risk, optimizing costs and improving business performance.

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