ServiceNow SAM is a powerful tool that can help organizations reduce costs, achieve license compliance, and minimize risks associated with software asset management. Software Asset Management (SAM) is essential for any organization's IT management strategy. It involves managing and optimizing software assets to ensure license compliance, reduce risk, and minimize costs. ServiceNow offers a comprehensive SAM solution that helps organizations to achieve license compliance and reduce risk.
This blog post will explore how ServiceNow SAM can help you achieve license compliance and reduce risk.
How ServiceNow SAM Helps Organizations Achieve License Compliance
ServiceNow SAM provides a centralized and automated platform for managing software licenses, which enables organizations to track their licenses accurately, automate license management workflows, and generate compliance reports.
Let's read further for detailed insights on it.
1. Visibility into Software Assets
One of the features of ServiceNow SAM is that it provides complete visibility into software assets. It enables you to track and manage software licenses across the organization, including on-premises, cloud-based, and SaaS applications. This visibility allows us to identify over and underutilized licenses, track license entitlements, and ensure license compliance.
Key features that enable organizations to identify all software assets
- Discovery: ServiceNow SAM has a discovery engine that can scan your network and identify all software assets in the organization, including on-premises and cloud-based applications. It can discover applications on servers, laptops, mobile devices, and virtual machines. This helps you gain a comprehensive view of your organization's software assets.
- Inventory: ServiceNow software asset management maintains an inventory of all the software assets in the organization, including the version, vendor, and license information. It can track changes to software installations, upgrades, and removals, ensuring that your software asset inventory is always up to date.
- Application Recognition: ServiceNow SAM uses application recognition to identify software applications based on their unique characteristics, such as file names, registry entries, and digital signatures. This enables it to identify software applications that may not be included in the standard discovery process.
- License Management: ServiceNow SAM links software assets to their respective licenses, allowing organizations to track license usage, entitlements, and compliance. This helps you to identify any software assets that are not compliant with licensing agreements, reducing the risk of legal penalties and fines.
- Data Integrations: ServiceNow software asset management integrates with various data sources, including software asset management tools, license management systems, and discovery tools. This lets you consolidate data from different sources, providing a more comprehensive view of your organization's software assets.
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2. License Management
ServiceNow software asset management enables you to manage software licenses across your entire organization from a single platform. ServiceNow SAM enables you to track license entitlements, manage license allocation, and monitor license usage to ensure compliance. It also provides capabilities for license optimization, allowing you to reduce costs by eliminating unused licenses and reallocating licenses to areas where they are needed.
3. Risk Management
ServiceNow SAM provides comprehensive risk management capabilities that can help organizations minimize the risk of non-compliance and avoid legal penalties and fines. It can also provide alerts and notifications when licenses are at risk of expiration or overuse, enabling you to take timely action to minimize risk.
SAM module further helps you track license usage and entitlements to ensure compliance with licensing agreements. This module can identify software not compliant with licensing agreements and provide alerts and notifications to help you take corrective action. This helps you to minimize the risk of legal penalties, fines, and damage to your reputation due to non-compliance.
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4. Cost Management
ServiceNow SAM can help you reduce software costs by identifying underutilized software licenses, reallocating licenses, and eliminating unnecessary licenses. It provides detailed reports on software usage and license entitlements, enabling you to optimize license allocation and reduce costs. ServiceNow SAM provides complete visibility into software assets, including cloud-based and SaaS applications, which helps organizations identify and eliminate unnecessary software assets, thereby reducing costs.
The best utilization of ServiceNow software asset management is that it helps organizations avoid unnecessary expenses by tracking license usage and entitlements to ensure compliance with licensing agreements. This helps organizations avoid unnecessary expenses due to non-compliance with licensing agreements.
This cost optimization can help enterprises achieve significant savings while maintaining license compliance.
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ServiceNow SAM is a comprehensive solution that can help organizations achieve license compliance, reduce risk, and minimize costs by providing complete visibility. It provides complete visibility into software assets, automated discovery and inventory, license management, risk management, and cost management capabilities.
By implementing ServiceNow SAM, organizations can optimize their software usage, achieve license compliance, and minimize the risk of non-compliance.