Software Industry Drives Revenues with License Audits

A new Ernst & Young report finds that just 20 percent of IT departments have formal software asset management (SAM) programs in place. By contrast, among suppliers, 63 percent said they use SAM in order to generate more revenue, and 50 percent said they did so in order to protect intellectual policy rights.

The suppliers surveyed said they would likely conduct audits of customers with inconsistent patterns of purchasing software. Audits could also be triggered by a history of poor compliance or company size.

The report also found that SAM is difficult because of the complicated nature of license agreements. “Both suppliers and customers are critical of the over-complex nature of many software contracts — the majority of those we surveyed confirmed this to be the case,” said an Ernst & Young partner. “Customers also feel that their own decentralized structures often make it harder to keep track of usage around the organization — as does their increasingly complicated suite of IT packages.”

View article

Share the Post:
Share on facebook
Share on twitter
Share on linkedin


The Latest

homes in the real estate industry

Exploring the Latest Tech Trends Impacting the Real Estate Industry

The real estate industry is changing thanks to the newest technological advancements. These new developments — from blockchain and AI to virtual reality and 3D printing — are poised to change how we buy and sell homes. Real estate brokers, buyers, sellers, wholesale real estate professionals, fix and flippers, and beyond may

man on floor with data

DevX Quick Guide to Data Ingestion

One of the biggest trends of the 21st century is the massive surge in internet usage. With major innovations such as smart technology, social media, and online shopping sites, the internet has become an essential part of everyday life for a large portion of the population. Due to this internet

payment via phone

7 Ways Technology Has Changed Traditional Payments

In today’s digital world, technology has changed how we make payments. From contactless cards to mobile wallets, it’s now easier to pay for goods and services without carrying cash or using a checkbook. This article will look at seven of the most significant ways technology has transformed traditional payment methods.