Software Asset Management
Don’t be fooled: SAM requires more than a workflow
In the world of hybrid IT, determining your actual license position requires deep knowledge of how products are licensed based on metrics such as cores, clusters, availability and BYOSL rules. Flexera One’s Software Asset Management surpasses simple workflows with intelligent product use rights and algorithms that automate the calculation of your license position—even for the most daunting software from your strategic vendors like Microsoft, IBM, SAP, Oracle and Salesforce. Now you’ll have the insights you need to save costs on software and reduce your risk of audit exposure.
We were using the supposedly free SAM solution from our ITSM provider, we thought it was good enough. Then one of our larger vendors executed their right to audit their products. To get into compliance, their third-party auditor said we were going to have to pay a 9-figure amount of money. Unfortunately, we were not in a position to defend against that. We executed an RFP and POC and Flexera was by far the leader in the space.
We worked very closely with Flexera and our implementation partner. We had VERY good buy-in from our senior management all the way up to the CEO. In five months, we implemented Flexera and produced the ELP. The ELP showed we were fully compliant and didn’t need to use the settlement catalog that was so generously offered to us.
Sr Vice President, IT Asset Lifecycle Management
Insurance industry
Benefits
Save up to 30 percent with better software license management
- Automate effective license positions (ELP) using Flexera One’s large entitlement library with more than 450,000 applications providing product use rights, metrics and license types
- Manage consumption as you bring your own software licenses (BYOSL) to the cloud or containers
- Strategically manage vendor relationships and contracts to improve business outcomes
- Maximize the value of your software portfolio so you can redirect savings towards strategic initiatives
- Reveal the nexus of your contractual, organizational, usage and inventory data so you understand software usage and its associated business value
- Share transformational technology insights by integrating with procurement, ITSM, ITFM and other business systems in your ecosystem
Success Story
Packaging up millions in savings for a global shipping giant
Maersk needed more visibility and greater control of IT asset management company-wide. In less than one year, the shipping conglomerate saved millions of dollars by optimizing software licenses with Flexera’s powerful software asset management solutions.
95 percent of Maersk’s IT assets are managed, and they have corporate-wide business unit transparency
Featured Details
Reduce waste and gain greater control
Optimize, reconcile and recognize your software across your entire landscape
Identify entitlements with rich intelligence
Prebuilt integrations into procurement suites, software reseller and vendor data give you the ability to quickly catalog your entitlements. Flexera’s SKU library adds rich intelligence to unravel the complexity of entitlements by automatically identifying the license metric, use rights and applications covered by every purchase.
Recognize software without manual effort
Process inventory data automatically through Flexera’s Application Recognition Library, which translates raw inventory into commercially available product titles. Flexera integrates with existing inventory solutions like Microsoft, ServiceNow, IBM and BMC to collect software evidence. Best of all, you don’t need to manually create software models or counters.
Automatically reconcile entitlement and consumption data
Deriving an effective license position is a complicated math exercise that requires deep knowledge of how to count every installation of every software title based on the license metrics. Flexera One’s advanced license reconciliation algorithms do the hard math for you. Flexera One quickly gives you insights into the risks and costs for all your software installed in physical, virtual, containers, IaaS or PaaS environments so you can stop counting and start strategizing.
Optimize software contracts
to reduce waste
Flexera One’s product use rights library automatically optimizes your software portfolio by applying product use rights such as upgrade, downgrade, second use, non-production, active/passive cluster, virtual and hybrid use rights. Flexera One specializes in optimizing the applications that cost you millions, such as Microsoft SQL Server, IBM Websphere, IBM Cloud Paks, Oracle Database, Oracle Middleware, VMWare and SAP.
Transform audits from disruptions into seamless day-to-day processes
On average, organizations experience 2.3 audits in a 3-year period. With Flexera One, you can transform regulatory and vendor audits from a major disruption into a seamless business-as-usual process. You'll remain in continual compliance and be armed with effective license positions across all your software vendors. Now you can dominate software audits, attestations, true-ups and software maintenance renewals.
IT Asset Management Capabilities
IT Asset Management that makes the exponential manageable
Thought Leadership
How has tech spend been impacted this past year?
49%
have increased
public cloud spend
79%
will increase spend
on remote IT staffing
56%
say digital transformation
is the top initiative
Informing IT, Transforming IT
Industry insights to help keep you informed
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