How does Software Asset Management (SAM) contribute to cost savings?

Software Asset Management (SAM) contributes to cost savings primarily through the optimization of software utilization and reduction of unnecessary purchases. SAM helps organizations effectively manage their software assets, ensuring that they are only acquiring and maintaining the licenses they truly need.

This involves continuously monitoring and analyzing software usage to identify underutilized or unused software. By doing so, organizations can make informed decisions about which licenses to keep, which to eliminate, and which software might be needed based on actual usage patterns rather than assumptions. This optimization leads to significant savings as it reduces expenses related to licensing fees, maintenance costs, and support requirements for unnecessary software. It also streamlines the software environment, improving operational efficiency.

In essence, SAM creates a framework for making strategic decisions about software procurement and utilization, ultimately leading to a more cost-effective approach to software management.