GEC NEWS WIREServiceNow revealed the industry’s first software asset management solution that gives businesses the power to fix licensing issues before they affect their bottom line. Licensed software is now found in every enterprise department and managing compliance to these complex software contracts has become a minefield for IT. With vendor software audits on the rise, it has become more important than ever to address licensing problems fast or risk facing severe financial penalties. Software Asset Management combines catalog, procurement and orchestration all in one system of action. With a few simple clicks, enterprises can quickly and easily allocate and reclaim software licenses to address non-compliance and avoid the pains associated with vendor audits. IT can also eliminate budget-draining software waste, resulting in significant cost-savings for the enterprise. Now, enterprises can confidently make the most of their licensed software to move their business faster.
The growth of software-as-a-service means that organizations need to adopt a way to measure and manage consumption of cloud software, especially with the rise of shadow IT. “As software drives greater innovation across the enterprise, it also demands more strategic oversight and powerful levers to optimize its use,” said Karel van der Poel, VP and GM, ServiceNow. “With ServiceNow Software Asset Management, CIOs have the means to master the management of software licensing and proactively support the business. They can make vendor audits painless and under reporting of software use a thing of the past.”
ServiceNow Software Asset Management allows organizations to go beyond traditional reporting by providing remediation options to fix non-compliance within a single System of Action. It leverages data and automation capabilities already found in the Now Platform, including the CMDB, hardware Asset Management and Software Discovery. When combined with ServiceNow Application Portfolio Management, enterprises can expand to manage their home-grown applications, levels of utilization and cost of maintenance to avoid duplication and ensure that the preferred application and version is being used.
