Software Asset Management
3.9
1
Software Asset Management helps manage software development lifecycle efficiently and ensures bespoke software solutions become true assets to the business.
Strengths
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Cost savings
Reduces software licensing costs
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Compliance
Ensures compliance with software licensing agreements
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Efficiency
Automates software inventory and license management
Weaknesses
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Complexity
Can be difficult to implement and maintain
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Integration
May require integration with other IT systems
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Cost
May require significant upfront investment
Opportunities
- Opportunity to move to cloud-based software asset management
- Opportunity to use data analytics to optimize software licensing
- Opportunity to further automate software asset management processes
Threats
- Risk of non-compliance and penalties from software vendors
- Risk of security breaches if software inventory is not properly managed
- Competition from other software asset management vendors
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Software Asset Management Plan
Software Asset Management offers a tiered pricing strategy based on the number of licenses and version features needed.
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