Software licensing can represent up to 22 percent of company IT spend (Gartner), but many organisations are unable to answer even the most basic questions about their software assets. What software assets do you own? Do you have the right software licenses in place? How much do these cost? Are you at risk of software hacking? To avoid facing multi-million dollars commercial settlements to address under-licensing, companies should focus on licensing arrangements.
Tracking and maintaining software licences can be complex. There's also a balance as businesses need to ensure that only the allowed number of licences are in use, and at the same time, that there are enough licences for everyone using it. Getting it wrong either way can be costly – purchasing software licences beyond your actual usage is often expensive and unnecessary, but complying and optimising licence usage is not always straightforward.
Companies need the right combination of people, processes, governance and technology for a software solution to reach its full potential and to deliver tangible business benefits.
It’s important for all organisations to understand and have a clear view of your Software Asset in order to:
Software Asset Management (SAM) helps companies determine what should be migrated to the cloud and how to allocate these costs across the organisation. SAM can also mitigate security risks by reducing the ‘attack surface’ through software portfolio consolidation and help meet compliance with General Data Protection Regulations. If you don’t know what software you own, deploy and use, you open your organisation to risks in these areas.
If you answered ‘no’ to any of these questions, you could benefit from an increased focus on SAM.
KPMG Australia and Flexera are teaming up to provide an end-to-end Software Asset Management (SAM) solution, leveraging Flexera’s market leading SAM Solution and KPMG’s global specialised software licence management professionals.
KPMG has extensive experience in assessing and enhancing SAM and Software Licence Optimisation solutions, utilizing over 300 subject matter experts in their global team with specific and detailed knowledge of multiple vendors’ licence agreements, models and metrics.
Combining the benefits of KPMG and Flexera:
Find out the importance of good Software Asset Management amid the rapid evolution of IT, strict vendor compliance requirements, and cyber risk.
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