Software

Maximize Software Cost Savings by License Reharvesting, Recycling & Applying Product Use Rights

Provided by Flexera Software

Category Software

Type White Paper

Length 6

Publish Date July 01 2010

Date posted August 18 2010

Overview

Application usage has turned strategic. Applications no longer just help the business, they run the business. Yet most companies lack a strategic solution for Application Usage Management. Spreadsheets are among the most common automation tools for much of software license management and software compliance. Few other strategic business assets are as undermanaged or as in need of a strategic solution as application usage.

Software asset management is a complex process that enables organizations to gain control of their software estate from both a license compliance and financial standpoint. In many organizations, software asset management represents one of the few remaining ways that substantial IT savings can be realized. By optimizing the software asset management process, organizations can maximize software utilization, reduce the risk of non-compliance (audits, fees, penalties), and reduce overall IT costs by as much as 5 to 10% per year.

This white paper will cover the key components to maximizing software spend and software asset management through:
• License agreements & license types
• Common product use rights
• License Reharvesting & Recycling
• Example software cost savings scenario

 

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