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Reduce spend and compliance risk with license optimization

Manage and rightsize your assets with industry-leading management solutions. With IT asset management scaled for enterprises, enable better license management to save time and money through software license optimization. By managing vendor relationships and contracts with Adobe, IBM, Microsoft, Oracle, SAP and more, you can achieve superior results. Your organization will gain a path for growth.

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Superior insights, superior reporting, superior savings

Current license positions

Provide insights into current license positions

Flexera’s IT Asset Management solution will help optimize your license position based on what you have and what you need. With forensic-level insights, you’ll be able to dive deep into understanding the number of licenses or packages to purchase for your engineering applications.

Understand license utilization

Understand and view your license usage to best optimize your estate. Flexera's IT Asset Management solution helps you understand your license utilization, whether they’re hosted on-premises, SaaS apps or in the cloud. Beyond usage reduction, identify how your employees utilize their licenses, understand the key functionalities the software is providing and identify optimization opportunities.

Reporting and analytics

Reporting and analytics guide better decisions

Seeing license consumption over time gives your organization the data it needs to act on cost-saving measures and optimization opportunities. With a variety of different reports, you can identify red flags and key trends for cost and software utilization, ensuring appropriate action is taken.

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Manage hundreds of vendors

Flexera helps manage a variety of different licensing models across an array of vendors, including IBM, Oracle, Microsoft and hundreds of others. Gain visibility into your estate, from license utilization to importing imagery data from third-party systems. We merge the data into a single source of truth.

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Benefits

Save more with software license management

Automate effective license positions using Flexera’s entitlement library with more than 900,000 applications providing product use rights, metrics and license types
Manage vendor relationships and contracts to improve business outcomes
Maximize the value of software portfolios to redirect savings towards strategic initiatives
Share insights by integrating with procurement, ITSM, and ITFM

Flexera gives me the necessary data quality to provide the financial transparency and overview required in a global software lifecycle management department.

Melanie Nash, Senior Software Contract Manager Carlsberg

Frequently asked questions

An IT asset is hardware or software within an information technology environment. These components are used for the storage, management, control, display and transmission of data, among others.

ITAM software is a program designed to record and track the lifecycle of all IT assets in an organization.

ITAM solutions enable the monitoring, tracking and management of who and what’s in your IT infrastructure. This allows you to understand what components are accessible to whom and adjust manager control wherever necessary.

An ITAM system can also grasp end-of-life (EOL) and end-of-support (EOS) intrusion points of your assets, which can help you keep your IT estate up to date and ready to combat any issues.

While hardware and software assets operate in different areas and are used in distinct processes, ITAM should include both HAM and SAM for a full view of your IT estate.

HAM is attached to SAM by way of software licenses, license reclamation, etc. Understanding the connection between the two service features can help you more efficiently manage your asset lifecycle and maximize your technology investments.

While similar, ITAM and configuration management database (CMDB) differ in purpose and goals. ITAM intends to provide an overview of IT assets, particularly concerning their lifecycle, to minimize security risks, reduce costs, maximize the business value of technology and make IT-related decisions easier.

A CMDB, on the other hand, is a centralized repository (like a filing system) used to store all of the data of an IT environment. It allows you to monitor, track and manage all of your IT assets in one place.

ITAM is a process that accounts for the planning, acquisition, utilization, maintenance and disposal of IT assets. On the other hand, IT service management (ITSM) is an approach for designing, delivering and managing how you use your IT assets.

ITAM’s goal is to optimize and minimize costs by managing hardware and software assets. Meanwhile, ITSM is meant to ensure the delivery of IT services to customers.

Hybrid ITAM reaches the intersection of ITAM and FinOps. This intersection has a blind spot in the management of software on cloud products such as AWS, and Microsoft Azure. To address this blind spot, ITAM and FinOps teams need to work together to manage the cloud software.

Informing IT, Transforming IT

Industry insights to help keep you informed

Webinar

Flexera monthly SAM best practices

October 3

Mark Bradley, Flexera Senior Product Manager, will drive the session and share his years of experience in SAM and as a licensing architect with Flexera Services.

Webinar

Top tips to drive down cyber risk

October 23

23 NYCRR is just the latest in regulation efforts for evolving technology. Stay ahead of breaches and increase security and resilience in your vulnerable software assets with practical tips.

Video

Do you have accurate SaaS visibility?

Flexera’s 2024 State of ITAM Report shows only about half of enterprises have accurate visibility into their SaaS environments, which means you could be missing out on significant optimization opportunities. See what you can do in this year’s report.