Do You Know Where You Stand?
Using our quick and easy online tool you will have a better understanding of where your SAM maturity gaps lie and what actions to take to improve your SAM program. Take the assessment today.
Start your SAM JourneyBy now it’s common knowledge that when your plan for Software Asset Management (SAM) is lacking or flawed, your company is at serious risk.
This is especially true given the growing threat of cyber-crime. It’s predicted that the cost of cyber-crime will quadruple what it was in 2015. Other IT risks include software non-compliance, which can bring shockingly stiff fines. Entities like the U.S. Army and the City of Denver have paid millions for unlicensed apps and/or underpayment of licenses. Even if you’re found compliant, just responding to a vendor audit can drain you of all your IT resources in a matter of weeks.
That’s why more companies are focusing on developing their SAM capabilities. As they grow toward a centralized, managed view of their software estates, they not only tighten up security and reduce vulnerabilities, they save money and optimize other resources as well.
Still, however, most companies still seem to take an ad hoc approach to managing their software portfolios. This includes organizations who think they are prepared just by having SAM tools and processes in place. Whether it’s through lack of resources or lack of knowledge – even among those who have taken those initial steps toward SAM – 90 percent still lack a proper level of preparedness.
Proper preparedness includes managing the full lifecycle of software assets from purchase to expiration. It also entails being able to protect your organization against future threats as well as optimizing your IT budget.
If this is you, and you’ve built a basic plan for responding to cyber threats and vendor audits, you’re in the “Reactive” stage of your SAM Maturity journey. This means you still have a long way to go.
quo;s next? How do you move from simply being able to respond to emergencies to actually getting value out of your nascent SAM plan? The key is to move from being reactive to proactive.
Awareness is key, but it’s only a start. You’re still probably spending a large chunk of your IT resources chasing after problems. That’s better than not being able to respond at all, but the issue with a problem-driven SAM plan is that when you spend all your time and money putting out fires, there’s nothing left for actual improvement. And in the cybersecurity minefield of today’s business environment that leaves your company seriously at risk, with threats and vulnerabilities mounting as your defenses become outdated.
Here are four signs that your organization is ready to move to the next level of software asset management:
The chief benefit of implementing mature, proactive SAM is that you’re drastically reducing the risk of danger to your organization. By achieving a higher level of SAM Maturity, you can look forward to lower costs, tighter security, and peace of mind when it comes to future audits.
So, the aim here is create an audit-ready software estate that’s compliant, secure, and fiscally under control. You know what you need, but how do you get there? What steps should you take to launch a proactive strategy for software asset management? An action plan that revolves around people, processes, and technology is the best way to make sure your organization is prepared for the journey ahead.
Having a reactive SAM program simply isn’t enough. Not only will working towards a mature, proactive SAM program reduce your risk, it will cut costs. By moving from reactive to proactive, worrying about staying secure and compliant will be a thing of the past.
Using our quick and easy online tool you will have a better understanding of where your SAM maturity gaps lie and what actions to take to improve your SAM program. Take the assessment today.
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