Most companies today manage their technology inventory by logging and tracking assets manually, a process that is both cumbersome and error-prone. In fact, more than 65 percent of companies have immature IT asset management strategies in place, according to Meta Group. Companies who don’t use automated tools to manage hardware and software inventory are likely to face significant challenges. For a variety of reasons, they will struggle to effectively monitor the various components within their [...]

As technology budgets continue to remain stagnant (IDC expects only a 2.6 percent increase in spending this year), companies need to find – and eliminate – the hidden software costs that can drain IT funds. What are some of the best ways to reduce hidden software costs? Eliminate Extra Licenses Gartner believes that US businesses overbuy licenses for 60 percent of their software portfolio. This creates hidden software costs in the form of excess vendor [...]

Unauthorized software utilization is at an all time high. In fact, in the Sixth Annual BSA-IDC Global Software Piracy Study, released last month, it is estimated that more than one-fifth of all software currently running on PCs has been installed illegally. These findings are likely to prompt software vendors to be more proactive – and as a result, companies of all sizes will be at an increased risk of a potential software audit. The laws [...]

The potential costs associated with IT asset theft are astonishing. For example, a 2007 report published by DataMonitor claims that the average laptop holds commercially sensitive content and intellectual property valued at approximately $972,000. Therefore, companies need to take aggressive measures to secure their technology components and proactively prevent incidents asset theft. Many experts believe that the key to securing laptops, PCs, handheld devices, and other assets is through the implementation and use of automated [...]

When it comes to virtualization, there are many things to consider before executing your plan. Sure, there are many advantages – among them reduced costs, improved flexibility and scalability, optimized performance, and minimized administrative burden – and you want to begin reaping those benefits as quickly as possible. But, without proper attention to software licensing and compliance considerations, your new virtualization strategy could actually put your company at risk. Virtualization makes it possible to run [...]

In a recent King Research survey, approximately two-thirds of the more than 340 IT professionals from mid-market companies polled claimed they were not properly addressing license compliance, with unlicensed software existing somewhere within their organization. An even higher number – more than 70 percent – state that they are unprepared for a vendor audit and the potential fines that could result from lack of license compliance. These results demonstrate the enormous risk that IT departments [...]

IT Management and automation solutions are robust technology tools that help companies to streamline their most critical IT management processes. For example, with IT management automation, businesses can significantly enhance their enterprise asset management and improve the way they track their assets from purchase through replacement, manage financial records such as software licenses and equipment leases, detect and prevent threats, and monitor software allocation and usage. What makes IT automation solutions so valuable? Today’s IT [...]

Cost of ownership as low as one third of traditional software – SAManage white paper shows SAManage, a leading provider of on-demand (SaaS) IT Management services, today released a new white paper to help organizations compare the costs of SaaS-based IT Asset Management versus the traditional on-premise software model. IT Asset Management (ITAM) is a combination of processes and technologies that provides organizations with a greater understanding of what IT assets exist, where these assets [...]

We are excited to launch our free SaaS IT Asset Management service and would like to highlight some of the benefits of using SAManage to implement a Software Asset Management program. With the introduction of the free service, companies of all sizes can now use SAManage to better manage their software assets and gain significant benefits from adopting a Software Asset Management service. Simply put, Software Asset Management (“SAM”) is a business process that can [...]

The latest release of SAManage adds a great way to classify and manage your assets: 1. Classify assets based on their status (operational, loaner, disposed, in-repair and more).2. Assign assets to organizational units (both sites and departments).3. Assign a technical owner to an asset. Coupled with the asset categories (marking an asset as a laptop, server, workstation and more), you can now classify and manage your assets based on their actual usage across your company: [...]