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Loggle is an IT Asset Management Tool that allows IT teams to monitor and manage the lifecycle and costs of all software, hardware and integration assets used within an enterprise.

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Meet Loggle

Loggle is an IT Asset Management Tool that allows IT teams to monitor and manage the lifecycle and costs of all software, hardware and integration assets used within an enterprise.

Learn More
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What is Software Asset Management (SAM)?

What is Software Asset Management (SAM)?

As companies speed up their digital transformation processes, IT departments and enterprises need to effectively manage their software applications. Management of applications and subscription services plays a big part in an enterprise’s efficiency and development.

Defining Software Asset Management

Gartner defines Software Asset Management as “the process for making software acquisition and disposal decisions. It includes strategies that identify and eliminate unused or infrequently used software, consolidating software licenses or moving toward new licensing models.” The organization of software applications specifically helps manage expenditures and makes IT less vulnerable to cyber-attacks.

Why Software Asset Management is Important

SAM optimizes software investments. SAM aims at controlling, managing and measuring the security of software assets (on-premise and cloud) throughout their lifecycle. Why does this matter? Because a good amount of IT spending goes to unused software assets.

Optimizing software assets throughout their lifecycle helps to effectively choose which assets fit an enterprise’s needs. Having a transparent overview of your software inventory helps you make informed decisions about how to manage your IT budget.

Three Main Benefits of Software Asset Management (SAM)

1. Eliminates Unnecessary IT Costs

You can increase savings by relying on SAM. Regularly monitoring software assets helps to understand future needs and what adjustments these will require. Enterprises can see which assets are redundant and reduce their expenses. Businesses often decrease their spending by one-third within their first year after applying SAM.

2. Increases Security

Using SAM can help identify IT security risks. IT departments can also identify which software assets have patches and need upgrades. This saves your organization from costly liabilities that are associated with IT breaches. So, getting fewer legal fines is another perk of applying SAM.

3. Enables Effective Negotiation with Vendors

To effectively negotiate with software vendors, businesses need to be aware of their software usage and spending. This helps them take matters in their own hands when they negotiate on contract renewals with vendors, leading to better deals and conditions.

Wrapping Up

An investment in the right Software Assessment Management resources will save you cost and trouble in the long run. Managing your applications portfolio is a good place to begin. Browse through our knowledgebase for more insight on how to gain higher value from your IT investments.

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loggle Meet Loggle

Loggle is an IT Asset Management Tool that allows IT teams to monitor and manage the lifecycle and costs of all software, hardware and integration assets used within an enterprise.

Learn More
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