Itasca, IL - Dec 6, 2016 - When software is the lifeblood of every enterprise – CIOs must understand whether they are buying too much software, legally using the applications they have, and adequately securing them from exploit by malicious hackers. While Software Asset Management (SAM) solutions are being widely adopted by enterprises to help – according to a new survey report published by Flexera Software, security risks and massive enterprise shifts to the cloud are transforming the definition of SAM – and by extension, how SAM solutions must evolve to stay relevant.
“The definition of enterprise software has changed drastically – from an IT asset running on a local physical device – to an asset that is exposed to the risks inherent in the Internet, and is often virtualized or running remotely from a cloud – leveraging cloud infrastructures that carry their own costs and risks,” said R “Ray" Wang, Principal Analyst and Founder at Constellation Research. “The old definitions of SAM are too limited and must expand to allow businesses to manage costs and risk in this new IT framework.”
The report reveals that enterprises are now largely running a mix of on-premises, virtualized and cloud based applications – rendering obsolete, last-generation SAM technology incapable of managing cost and risk across complex desktop, datacenter and cloud environments. Specific survey findings from the report include:
“In the old days SAM solutions specialized in optimizing spend of desktop applications, but today software can run anywhere – such as in the datacenter, on intelligent devices or on hybrid clouds. In addition, applications add to corporate risk such as when software vulnerabilities are exploited by hackers. This forces a rethinking of what Software Asset Management should encompass,” said Tom Canning, Flexera Software’s Vice President of Enterprise Solutions and Strategy. “SAM tools must evolve to provide automation to minimize enterprise cost and risk regardless of the environments in which software runs. SAM providers that have not kept up will be left behind – and many are not keeping up.”
Access the report: Software Asset Management.Next
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Flexera is reimagining the way software is bought, sold, managed and secured. We view the software industry as a supply chain, and make the business of buying and selling software and technology asset data more profitable, secure, and effective. Our Monetization and Security solutions help software sellers transform their business models, grow recurring revenues and minimize open source risk. Our Vulnerability and Software Asset Management (SAM) solutions strip waste and unpredictability out of procuring software, helping companies buy only the software and cloud services they need, manage what they have, and reduce compliance and security risk. Powering these solutions and the entire software supply chain, Flexera has built the world’s largest and most comprehensive repository of market intelligence on technology assets. In business for 30+ years, our 1300+ employees are passionate about helping our 80,000+ customers generate millions in ROI every year. Visit us at www.flexera.com.
About this Report
The 2016 Key Trends in Software Pricing and Licensing survey was conducted by Flexera Software. This annual research project looks at software licensing, pricing and enforcement trends and best practices. The survey reaches out to executives at application producers (software vendors and intelligent device manufacturers) and enterprises who use and manage software and devices. Now in its tenth year, the survey is made available to the industry at large each year.
In total, 489 respondents participated in the survey, including 221 respondents to our enterprise survey and 268 respondents to our application producer survey. 33% of the enterprise respondents were from larger enterprises of $1 billion or more in revenues, and 18% were from companies with $3 billion in revenues or more. Among other places, 56% of respondents were from the United States, and the remainder from 37 countries across all continents.
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