According to Gartner, software as a service (SaaS) will reach 45% of total application software spending by 2021. As more organizations adopt a hybrid or cloud-first approach to licensing, managing software is becoming increasingly complex, and SAM practices must evolve to meet these new challenges. COMPAREX SAM2GO NextGen not only minimizes compliance risks, as are standard with any licensing model, but also helps organizations discover, obtain, manage and optimize their SaaS applications, providing a path to greater insights, increased security and lower total spend.
Through a global partnership with Snow Software, COMPAREX has incorporated Snow License Manager into the SAM2GO NextGen service offering, providing complete SaaS visibility, effective SaaS governance, cloud spend optimization and IT and business alignment.
“We’re thrilled to offer an advanced solution for the market’s evolving SAM needs, with a focus on the maturing segments of SaaS and cloud-based applications in our customers’ software portfolios,” says Product Manager Franz Schildberger. “While ensuring compliance will always be necessary, being able to control sprawling SaaS costs and maintain a holistic view of technology investments is the true marker of modern, optimized SAM.”
With COMPAREX SAM2GO NextGen, customers can easily identify how many SaaS solutions are actually in use and evaluate whether they are required by the user. By monitoring the number of available and assigned SaaS licenses through a streamlined dashboard, organizations can identify opportunities for reallocation or cancellation. Customers can also view their SaaS spend by provider and determine how many user accounts are inactive in a given timeframe, thus discovering areas for additional cost savings.
With the expansion of IT and cloud services, SAM has become a complex task for organizations. Many lack efficient processes for managing software overall, as well as the professional services for implementation, expertise for provider-specific license models, and the tools to continuously monitor software entitlements and enable swift adjustments to meet changing requirements. Some companies overpay for licensing, owning too many that go unused, and others possess insufficient amounts and run the risk of high fines due to software provider audits. With COMPAREX SAM2GO NextGen, organizations are always certain of their license compliance status and are supported by experienced licensing experts, helping to minimize the security risks from shadow IT, keep control of their budget and eliminate wasted spend.