#servicenow sam

[mayank-mallik84]

ServiceNow Software Asset Management | inMorphis

Maximize the value of your software investments with ServiceNow Software Asset Management! Get full visibility into your software assets, ensure compliance, and cut costs. Automate license tracking, manage usage, and mitigate audit risks. Take charge of your software lifecycle and boost efficiency with ServiceNow Software Asset Management. 

[aelumconsulting]

ServiceNow SAM

Servicenow SAM is a commercial practice that involves creating methods to maximize the value of your software assets and manage risks associated with noncompliance with licensing contracts. This includes the management, deployment, license regulation, consumption, optimization, and disposal of software, whether and disposal of software, whether it is installed on-premises or used as SaaS or cloud-based applications. Although software tools account for a sizable portion of any IT budget, you must aim to maximize their value. This is achievable because of software asset management.

The ServiceNow Software Asset Management (SAM) program records, evaluates, and maintains software licenses, regulations, and performance in an organized way. You can recover unused software rights, buy new ones, and change entitlement allocations. ServiceNow's SAM solution optimizes software asset expenditure management by increasing insight into software assets.

ServiceNow SAM is a platform with a single architecture that integrates and automates the whole IT asset lifecycle into a single control system. Workflows are used to manage asset requests for approval, confirm entitlements, and cost-backs, and provide services. ServiceNow software asset management may organize, control, and maintain software assets at any location. With ServiceNow SAM, you can see the entire software management life cycle, from request fulfillment through discovery, restoration, and analytics, all in one place. The software life cycle includes - Request, Deployment, Reconciliation, Service, and Retirement.

ServiceNow Software Asset Management (SAM) is an integrated system of action that replaces spreadsheets and traditional SAM technologies. Administrators can gain accurate, up-to-date insight into their software environment by pulling data directly from the CMDB.

In addition, ServiceNow debuted its revised UI "Workspace" to Software Asset Management in Rome. Workspaces give a modernized visual design and a simpler, unified user experience to provide a centralized perspective and are based on ServiceNow's "Next Experience" UI foundation.

By implementing ServiceNow SAM, the company was able to:

Monitor and identify all purchased software entitlements and related allocations within the company.

Reduce vendor audit risks while maintaining compliance.

Identifying cost-saving potential through removing and re-using unneeded software on a regular schedule. 

To eliminate the use of email, Excel spreadsheets, and traditional understanding for human-system interaction.

Create software asset management dashboards quickly and accurately and report on any organization's software consumption.

Proactively manage on-premises and SaaS subscription renewals.

Receive IT Change warnings about potential issues before they happen.

Improved customer experience through faster asset procurement and implementation.

Client: The client is one of the world's leading providers of automobile services. They believed that the amount of complexity justified the necessity for a single, division-wide technology platform with easy access to reliable management information in order to avoid needless expenditures associated with potentially significant claims emerging from software vendor audits to address these challenges, the client went to a service-now implementation partner.

How we helped them: The ServiceNow SAM platform allowed the company to make the most of its investment by ensuring that all the software it was entitled to be used. Addressing particular problems or anomalies, like unneeded duplicate licenses, can result in significant savings and efficiencies. 

Result

The company also effectively identified and reclaimed effective in identifying and reclaiming unused licenses, which resulted in significant software cost savings.

The client estimates that they saved about $150k in the first year.

40% savings on license costs.

They may be certain that software assets are being adequately utilized now that they have a standardized onboarding and offboarding methodology.

Conclusion

ServiceNow software asset management is a powerful solution that allows companies to automate processes, reduce expenses, boost compliance, and minimize software complexity. Organizations are investing more than ever in software and IT to support their operations. In general, software asset optimization will assist in achieving greater returns.

For More Details And Blogs : Aelum Consulting Blogs

For ServiceNow Implementations and ServiceNow Consulting Visit our website: https://aelumconsulting.com/servicenow/

[reddit-1]

Software Asset Management Market Scope Future Growth Comprehensive Analysis Report 2033

The Software Asset Management (SAM) market is a rapidly growing industry that helps organizations effectively manage their software assets. This includes identifying, tracking, and optimizing the use of software across an organization to ensure compliance with licensing agreements, reduce costs, and increase efficiency.

SAM solutions can be provided through both on-premise and cloud-based platforms, and are used by organizations of all sizes, across various industries. Major vendors in the SAM market include IBM, Micro Focus, Flexera, Snow Software, and ServiceNow. According to a report by MarketsandMarkets, the global SAM market size is expected to grow from $3.65 billion in 2020 to $6.90 billion by 2025, at a CAGR of 14.1% during the forecast period.

Click for More Info @ https://www.persistencemarketresearch.com/market-research/software-asset-management-market.asp

[varun1212-blog]

inMorphis passionate about helping enterprise stay secure&risk free.Servicenow training are also passionate about finding talented people to help us.COME JOIN US

[ehteshamuniverse]

Software Asset Management Market Analysis, Emerging Technology, Sales Revenue and Comprehensive Research Study Till 2027 | COVID-19 Impact

Market Highlights

Software asset management refers to managing and optimizing the purchase, maintenance, deployment, utilization, and disposal of software assets within an enterprise. The primary objective of a software asset management is the reduction of IT costs and limiting operational, legal, and financial risks to the ownership and use of such software. It brings people, processes, and technology together for the control and optimization of the use of software in the organization. SAM processes aid businesses to optimize spending habits while optimizing technology, improving the overall IT capabilities and the infrastructure to achieved greater results.

The global software asset management market is estimated to upscale at a fast pace during the forecast period, as stated in the latest MRFR analysis. This can be owed to the upscaling need for lifecycle management of assets. In the current dynamic IT environment, the ability to effectively access, manage, and secure the software and hardware assets is more critical than ever, hence, driving the adoption of the same in organizations during the forecast period. Software asset management enables IT organizations to contrast future and current cost of assets. This happens on the basis of improvement of IT operations, projections, productivity, and the enhancement of cybersecurity. However, lacking awareness within small and medium enterprises towards the benefits of the adoption of software asset management solutions is hampering market growth during the forecast period.

The global software asset management market is anticipated to reach a market valuation of USD 2.45 billion by the end of the forecast period. As suggested in the report by Market Research Future (MRFR), the global software asset management market is estimated to witness a robust CAGR of 14.18% by the end of 2023, owing to the factors mentioned above.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/6185

Segmentation:

The global software asset management market is segmented by component, deployment, organization size, and region. Based on component, the global software asset management market is segmented into solutions and services. The solution segment is further studied for the sub-segments of license management, audit & compliance management, metering, software discovery, optimization, configuration management, contract management, and others. The services segment is sub-segmented and analysed into professional services and managed services.

By deployment, the global SAM market is segmented into on-cloud and on-premise. Based on organization size, the report has mentioned the market segments of small & medium enterprises and large enterprises. Based on vertical, the global software asset management market is gaining influential applications in the BFSI, IT and telecommunications, retail, and healthcare sectors.

Detailed Regional Analysis

The global software asset management market is studied for the regional segments of North America, Europe Asia Pacific, and the rest of the world. North America is estimated to boast the foremost position in the global SAM market. This can be owed to the rising shift of organizations towards new and upgraded technologies and mounting adoption of digital business strategies. Also, the regional market is anticipated to flourish due to the rising investment in technology, which is catering to the needs of lifecycle management of complex software, stringent laws, and regulations towards the purchase of software assets.

Europe is estimated to trail North America, accounting for the second-largest market share during the forecast period. This can be causative to the heavy industrialization in the past decade in several technologically mature countries such as France, the UK, and Germany. However, Asia Pacific is assessed to be a significant growth pocket for the software asset management market during the forecast period.

Key Players

Some notable players in the SAM market include Aspera Technologies (US), BMC Software (US), CA Technologies (US), Microsoft (US),  Symantec (US), Certero (UK), Cherwell Software (US), Flexera (US), IBM (US), Ivanti (US),Micro Focus (UK), Scalable Software (US), ServiceNow (US), CloudFabrix Software Inc.(U.S), and Snow Software (Sweden).

Browse Complete Report @ https://www.marketresearchfuture.com/reports/software-asset-management-market-6185

[pass4successexams]

ServiceNow CIS-SAM practice test  Quick Tips To Pass [2021]

ServiceNow CIS-SAM Questions – Excel Preparation With CIS-SAM PDF

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Practice is the most important step to pass the CIS-SAM Questions certification exam in the first attempt. If you desire to get through the Software Asset Management certification without repeating it then you must choose Pass4Success CIS-SAM exam Questions. This study material is helpful to attempt final CIS-SAM exam questions easily. There are various methods to prepare ServiceNow Certified Implementation Specialist –Software Asset Management Professional exam questions but Pass4Success CIS-SAM PDF Questions and mock exams are considered as the best preparation resource to ace the Software Asset Management exam. Verified answers are included by ServiceNow experts with relevant CIS-SAM questions. Pass4Success is one of the trusted brands to prepare the ServiceNow Certified Implementation Specialist –Software Asset Management Professional exam because of their errors-free CIS-SAM pdf questions.

Information about ServiceNow CIS-SAM Exam:

Vendor: ServiceNow

Exam Code: CIS-SAM

Exam Name: ServiceNow Certified Implementation Specialist –Software Asset Management Professional

Number of Questions: 60

Certification Name: Software Asset Management

Exam Language: English

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Pass4Success CIS-SAM pdf Questions should be your first choice if you are looking for improved CIS-SAM practice test as recommended by professionals. Upon purchasing updated CIS-SAM exam Questions you will get up to 90 days of free CIS-SAM questions updates without paying any charges. Visit Pass4Success if you are looking to get passing score in the Software Asset Management exam because these elite CIS-SAM questions come with success guarantee.

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Pass4Success has gained the reputation of a reliable brand by offering accurate CIS-SAM pdf questions with accurate answers. The 100% money-back guarantee ensures that your money remain safe in case of failure. Furthermore, offering probable CIS-SAM Questions which are relevant to the final Software Asset Management exam questions also makes Pass4Success ServiceNow Exam Questions a trusted study material. So get CIS-SAM questions answers if you want to earn the Software Asset Management certification passing marks on the first try.

[mayank-mallik84]

IT Managers: Master Software Licenses with ServiceNow SAM | inMorphis

Gain control of your software landscape! This blog post explores how ServiceNow SAM empowers IT managers to optimize licenses and streamline processes.

[aelumconsulting]

Unveiling the Impact of ServiceNow ITAM on Businesses 

ServiceNow ITAM lays the groundwork to administer software, devices, and other information technology resources. It provides a collection of tools and functions designed to improve visibility, assure compliance, and save costs across the asset lifespan. ServiceNow ITAM serves as a lighthouse, enabling enterprises to navigate the intricacies of IT asset management and pave the road for long-term development and innovation. 

What is ServiceNow ITAM (IT Asset Management)? 

ServiceNow ITAM is an abbreviation for ServiceNow IT Asset Management. It is a ServiceNow platform module that assists enterprises in managing their IT assets throughout their lives. IT asset management (ITAM) includes tracking, monitoring, and optimizing the use and value of IT assets such as hardware, software, and associated components. 

Overview of ServiceNow SAM & HAM 

ServiceNow SAM (Software Asset Management) automates software asset management, assists enterprises in ensuring licensing agreement regulation, eliminates risks associated with violations, and maximizes software expenditure throughout the company. Integrations with other ServiceNow modules enable a business to take a comprehensive approach to IT asset management. 

ServiceNow HAM (Hardware Asset Management) promises to give enterprises a unified platform for successfully managing their hardware assets, reducing costs, ensuring compliance, and maintaining security throughout their IT infrastructure. Integration with other ServiceNow modules enables a business to take a broader approach to IT asset management. 

The Influence of ServiceNow ITAM on Organizations 

Elevated Visibility and Control: ServiceNow ITAM delivers a consolidated picture of IT assets, enabling transparency and control. This visibility enables firms to make intelligent resource allocation decisions, hence improving operational efficiency. 

Cost Optimization: Understanding asset usage enables firms to efficiently optimize expenses. Identifying underused resources or redundant software reduces wasteful expense, boosting the bottom line. 

Enhanced Compliance and Risk Mitigation: ServiceNow ITAM assures compliance with license agreements and regulatory norms. This reduces the risks connected with noncompliance, minimizing penalties and protecting the organization's reputation. 

Streamlined Operations: Asset management process automation lowers manual work and mistakes. Standardized procedures and practices improve operations, increasing efficiency across the board. 

Informed Decision Making: Real-time data and analytics enable firms to make strategic decisions that are aligned with corporate objectives. Growth and innovation are fueled by strategic alignment. 

Efficient Incident Management: By linking occurrences with relevant assets, integration with incident management modules speeds up issue response.  

Summary 

ServiceNow ITAM goes beyond standard asset monitoring to serve as an advantageous tool for enterprises aiming to maximize the usage of IT resources. Organizations may connect their IT assets with business goals by leveraging their abilities and sticking to best practices. This drives efficiency, compliance, and fosters innovation. 

In a competitive world dominated by technical capabilities, ServiceNow ITAM serves as a catalyst, enabling enterprises to negotiate complexity, drive efficiency, and pave the way for long-term development and success.  For More Details And Blogs : Aelum Consulting Blogs

For ServiceNow Implementations and ServiceNow Consulting Visit our website: https://aelumconsulting.com/servicenow/

[reddit-1]

Software Asset Management Market 2023 Business Growth, Current Trends, Rules, Challenge, and Interaction, Application Details, Key Components, Forecast 2033

The Software Asset Management (SAM) market is a rapidly growing industry that helps organizations effectively manage their software assets. This includes identifying, tracking, and optimizing the use of software across an organization to ensure compliance with licensing agreements, reduce costs, and increase efficiency.

SAM solutions can be provided through both on-premise and cloud-based platforms, and are used by organizations of all sizes, across various industries. Major vendors in the SAM market include IBM, Micro Focus, Flexera, Snow Software, and ServiceNow. According to a report by MarketsandMarkets, the global SAM market size is expected to grow from $3.65 billion in 2020 to $6.90 billion by 2025, at a CAGR of 14.1% during the forecast period.

Click for More Info @ https://www.persistencemarketresearch.com/market-research/software-asset-management-market.asp

[varun1212-blog]

inMorphis passionate about helping enterprise stay secure&risk free.Servicenow training are also passionate about finding talented people to help us.COME JOIN US

[rickhorrow]

10 To Watch : Mayor’s Edition 102819

RICK HORROW’S TOP 10 SPORTS/BIZ/TECH/PHILANTHROPY ISSUES FOR THE WEEK OF OCTOBER 28 : MAYOR’S EDITION

with Jacob Aere

Under Armour and Nike announce CEO shifts on the same day. Last Tuesday, Under Armour announced that founder Kevin Plank was stepping down from his CEO role, just as Nike was letting the world know that Mark Parker, a 40-year Nike veteran, was likewise assuming a different role at the $40 billion company. While Under Armour struggled financially under Plank, Parker oversaw a profitable but controversial period for Nike. In Maryland, Plank will become Under Armour executive chairman and brand chief. The changes come as the company's North American sales are struggling. In Oregon, Parker led Nike through a period of tremendous growth but also saw his leadership challenged by a number of controversies. While Nike earnings are currently ahead of expectations, the company has also been plagued by recent scandals, including a doping accusation that saw Nike shutter its renowned track and field program, and a sexual misconduct and gender discrimination case. Plank will be replaced by COO Patrik Frisk, who will assume the CEO role on January 1. Parker will step down January 13 and be replaced by John Donahoe, CEO of ServiceNow Inc. and chairman of PayPal Holdings.

There’s no shortage of intrigue and excitement surrounding this year’s match up, as the Washington Nationals square off against the Houston Astros in the 115th World Series. As the Series enters its second week with the Astros leading the Nationals 3-2, WalletHub takes a closer look at everything that makes the Series such a special event. For starters, the number 53 marks the combined number of years of the Astros' and Nationals' World Series droughts. While the Astros won the Series in 2017, it's been 51 years since the team formerly known as the Montreal Expos won a championship. Forbes values the two teams at roughly the same number, $1.8 billion, and the two teams have roughly the same team salary allotment, in the $207-$208 million range. The projected ad revenue for FOX for each game beyond the minimum four to win the Series is $45.7 million. And finally, for the eventual winner, the "Commissioner's Trophy" crafted by Tiffany and Company has an estimated physical value of $19,000.

The San Francisco 49ers will include basic food and beverages in the cost of season tickets starting in 2020, marking a major shift in concessions strategy. According to 49ers President Al Guido, the all-inclusive approach will not extend to season tickets resold on the secondary market, or to single-game buyers. The undefeated 49ers have about 60,000 season-ticket holders in a stadium that seats 68,500. In market research, Guido said season-ticket holders “overwhelmingly” reported they are willing to pay more than what the stadium currently makes on each fan to get concessions included. The non-transferability of the food & beverage deal is possible under Ticketmaster’s mobile ticketing system that assigns unique barcodes to every user. Items that will be free include chicken tenders, beef and vegan hot dogs, hot links, nachos, fries, pretzels, popcorn, peanuts candies, water, coffee, and all Pepsi products. The 49ers and concessionaire Levy have reportedly been studying the change since Levy won Levi’s Stadium business in February, 2018. It took more than a year of research to determine whether it could be done without causing prohibitive financial or operational costs. 

The Green Bay Packers and Microsoft raised $25 million for their TitletownTech business innovation fund. The TitletownTech fund reached its goal of $25 million with the addition of a dozen Wisconsin-based investors, according to the Green Bay Press Gazette. The Packers and Microsoft each committed $5 million to the fund, which will invest in high-growth early-stage and existing businesses aligned with industries in northeastern Wisconsin. Other investors in the accelerator program include Boston Bruins alternative governor Jerry Jacobs, Jr. and New York Mets COO Jeff Wilpon, both of whom sit on the TitletownTech advisory board. TitletownTech, a technology and innovation-focused campus in the Packers' Titletown District development near Lambeau Field, includes an innovation lab, a business solutions space called a venture studio, and the venture fund's headquarters. Moving forward, its work will focus on five business silos: sports, media, and entertainment; digital health; agriculture, water, and environment; advanced manufacturing; and supply chain technology. The Packers-Microsoft partnership is just the latest example of how sports franchises are thinking way outside the mixed-use stadium district development box to benefit their communities. 

NFL Players Coalition, Meek Mill, and others host Philadelphia Town Hall event. On Monday, October 28, global music streaming and entertainment platform, TIDAL will be live streaming, for free, the NFL Players Coalition Town Hall Event in Philadelphia. The event, according to a TIDAL release, will feature rapper Meek Mill, co-founder of Players Coalition/NFL Player Malcolm Jenkins, and other influencers discussing what the city of Philadelphia wants in its next police commissioner. Players Coalition aims to make an impact on social justice and racial equality through advocacy, awareness, education, and allocation of resources. TIDAL’s support of key social justice issues has been a pillar of the streaming service’s mission since its inception, and it is committed to amplifying conversations through the platform that will lead to a better future globally. The Philadelphia town hall meeting, and others like it nationally, are testaments to the NFL’s commitment to support social justice issues important to its players, alumni, and fans. Time will tell if the Players Coalition, with the league’s support, will truly be able to influence grassroots issues in the cities in which its games are played. 

Clemson head football coach Dabo Swinney and his $9.3 million annual salary have taken over the top spot in the annual USA Today coaches’ salary database. Rounding out the top five are Nick Saban ($8.9 million), Jim Harbaugh ($7.5 million), Jimbo Fisher ($7.5 million), and Kirby Smart ($6.9 million). Notably, the top 83 coaches included in the list of 130 schools earned more than $1 million annually in salary alone. Also, the average total pay for the 122 FBS coaches for whom USA TODAY Sports could obtain compensation figures is $2.67 million, up 9% compared to last season – the increase is the largest in four years. And, for the first time, there is a league in which all of the coaches are making at least $3 million. That league is the 14-school Southeastern Conference, in which the average total pay is $4.95 million. College football coaches have seen salaries sky rocket in the last 10 years, meanwhile college athlete compensation is set to kick off in California come 2023.

The NBA has confirmed that Salt Lake City will host the 2023 NBA All-Star Game. The 72nd   edition of the mid-season exhibition match, which sees teams selected by a combination of fan, player, and media voting, will be staged at Vivint Smart Home Arena, the home of the Utah Jazz, February 19 2023. The event will mark the 30th anniversary of the only previous time Utah’s capital city hosted the All-Star Game in 1993, when the Vivint Smart Home Arena was known as the Delta Center. The NBA’s 2023 All-Star festivities will kick off February 17 that year, featuring additional programming for fans at venues throughout Salt Lake City. The league also plans to run a full schedule of NBA Cares and Diversity & Inclusion events. “Along with a rich basketball tradition, Salt Lake City has proven to be a world-class destination for large-scale events and sports competitions,” said NBA commissioner Adam Silver. “I want to thank the Miller Family and the Utah Jazz organization for their commitment to hosting our All-Star festivities and to developing a program that will leave a lasting impact on the community.” Added Jazz owner Gail Miller, “The memory of John Stockton and Karl Malone sharing MVP honors 30 years ago remains strong.  We are excited to create new memories for this generation of NBA fans.” Next year’s All-Star Game is being held at Chicago’s United Center before heading to Bankers Life Fieldhouse in Indianapolis in 2021.

National Women’s Soccer League inks an exclusive deal with Octagon for media rights and marketing consulting. According to Sports Video Group, Octagon will provide comprehensive media rights valuation, sales strategy services, and work directly with NWSL executives to secure and amplify new media distribution opportunities. In addition, Octagon’s Marketing division will assist the league with brand marketing, asset development, sponsorship valuation, and fan engagement insights to help generate increases in overall reach and revenue for the league and its teams. Featuring more than 200 of the world’s best professional soccer players, including U.S. Women’s National Team members and two-time World Cup Champions Megan Rapinoe, Carli Lloyd, and Alex Morgan, as well as international stars Marta, Christine Sinclair, and Sam Kerr, the NWSL is highlighted by 23 current FIFA Women’s World Cup Champions and 58 FIFA Women’s World Cup team members. Budwesier has also launched a campaign focused on finding the NWSL new sponsors as more money is being put into women’s soccer across the globe.

The sports world aims to tackle ocean plastic pollution. According to SportTechie, a research expedition embarked from the southwest coast of the U.K., on a two-year mission to sail westward around the world. The crew aboard the S.V. TravelEdge, a 73-foot floating laboratory, will travel 38,000-nautical-miles and cross all five of the world’s major ocean gyres, regions where rotating currents lead to the accumulation of floating plastic waste. The 300 women joining the all-female rotating team will investigate to find solutions to plastic pollution. The “eXXpedition Round The World” is being organized by sailor Emily Penn, who is among a growing group of athletes and people connected to the sports world that is advocating for and taking action to protect the environment. Another goal of Penn’s journey is to create a global network of ambassadors who can advocate to help solve the problem. She has been working with a larger environmental organization called 11th Hour Racing over the last few years to give talks and run workshops for other sailors to learn how they can play a role in tackling plastic pollution. By having athletes tackle environmental problems head on, they can use their social influence to be advocates for policy and lifestyle change.

Seven NFL dads partner with Pampers to install changing tables in their local communities. According to Business Wire, Pampers’ commitment to install 5,000 changing tables across North America by 2021 secured the help of seven hands-on NFL dads today. In honor of October 26’s National Make a Difference Day, Pampers is leading the installation of changing tables in New York, San Francisco, Chicago, Philadelphia, Denver, Detroit and Charlotte so all parents can #LoveTheChange in public places. The seven players include Sterling Shepard of the New York Giants, Tevin Coleman of the San Francisco 49ers, Marvin Jones Jr. of the Detroit Lions, Brian Westbrook of the Philadelphia Eagles, Derek Wolfe of the Denver Broncos, Matt Forte of the Chicago Bears, and Dontari Poe of the Carolina Panthers. The changing tables help to address the changing table inequality for men who care for babies and by using seven NFL dads the topic will gain more limelight.

[ehteshamuniverse]

Software Asset Management Market 2019 Size, Share, Leading Growth Drivers, Emerging Audience, Segments, Industry Sales, Profits & Analysis | COVID-19 Impact

Market Highlights

Software asset management refers to managing and optimizing the purchase, maintenance, deployment, utilization, and disposal of software assets within an enterprise. The primary objective of a software asset management is the reduction of IT costs and limiting operational, legal, and financial risks to the ownership and use of such software. It brings people, processes, and technology together for the control and optimization of the use of software in the organization. SAM processes aid businesses to optimize spending habits while optimizing technology, improving the overall IT capabilities and the infrastructure to achieved greater results.

The global software asset management market is anticipated to reach a market valuation of USD 2.45 billion by the end of the forecast period. As suggested in the report by Market Research Future (MRFR), the global software asset management market is estimated to witness a robust CAGR of 14.18% by the end of 2023, owing to the factors mentioned above.

The key factor driving the global software asset management market is increasing the need for managing the lifecycle of assets due to increasingly dynamic information technology (IT) environments, and the demand for efficiency with regards to the ability to effectively access, manage, and secure both software and hardware assets. Other factors driving the market are cost management, improved IT operations productivity and enhanced cybersecurity. However, lack of awareness among small & medium enterprises (SME’s) regarding software asset management can hinder the market growth.

Detailed Regional Analysis

The regional segmentation of the global software asset management market segments the market into continent-based regional markets known as North America, Europe Asia Pacific, and the rest of the world (RoW). Due to the maximum technological advancements in North America, this region has been anticipated to lead the global market during the forecast period. Due to technological advancement and increasing adoption of digital business strategies, there is a need to manage the lifecycle of the software assets that are complex in nature. Many major market players are also based in North America. This raises the value of North America as a market. The most important country-specific markets in this region are the United States of America (USA), Canada, and Mexico.

Europe is the second biggest regional market due to maximum technological advancement after North America, and this region has a high density of population. The market in this region is also growing due to heavy industrialization in the past decade in various technologically advanced countries like France, Germany, Italy, Spain, and the United Kingdom (UK).According to the report, the market in the Asia Pacific region is expected to witness the highest growth during the forecast period. The significant country-specific markets in this region are China, India, Japan, and South Korea.

The RoW segment covers the Middle East & Africa (MEA) and Latin America. In Latin America, Argentina and Brazil have strong economies, and they might emerge as big markets in the future. The MEA region shows limited market slow and steady growth. The reasons for the slow market growth in this region are lack of awareness, lack of education, lack of technological development, political instability.

Segmentation:

The global software asset management market size is segmented by component, deployment, organization size, and region. Based on component, the global software asset management market is segmented into solutions and services. The solution segment is further studied for the sub-segments of license management, audit & compliance management, metering, software discovery, optimization, configuration management, contract management, and others. The services segment is sub-segmented and analysed into professional services and managed services.

By deployment, the global SAM market is segmented into on-cloud and on-premise. Based on organization size, the report has mentioned the market segments of small & medium enterprises and large enterprises. Based on vertical, the global software asset management market is gaining influential applications in the BFSI, IT and telecommunications, retail, and healthcare sectors.

Key Players

Some notable players in the SAM market include Aspera Technologies (US), BMC Software (US), CA Technologies (US), Microsoft (US),  Symantec (US), Certero (UK), Cherwell Software (US), Flexera (US), IBM (US), Ivanti (US),Micro Focus (UK), Scalable Software (US), ServiceNow (US), CloudFabrix Software Inc.(U.S), and Snow Software (Sweden).

Related Reports:

https://www.evernote.com/shard/s652/sh/3c41a94b-9395-72e3-9b4a-f8768c63fae7/ed0141a8b6c190446c35b621542fb3fd

https://www.evernote.com/shard/s652/sh/66881068-3338-b9e8-e85d-b17dc06af92b/def4141d6185e85db32f259af6fa247b

https://www.evernote.com/shard/s652/sh/01fd9227-610a-6d0d-4570-d1d6b7574e65/559c9b0258f0a59e2fe6e289fdeab4ce

https://www.evernote.com/shard/s652/sh/30be8328-d38f-e3d4-f726-17d90ae87060/7f2f29edd9e204c45f9414f344d653ae

https://www.evernote.com/shard/s652/sh/2e7a60a2-98ff-28b0-2d80-23cf26dd459e/ef3a4ffcd5d015f8ddeb9f2526efe891

[samcharter-blog]

SAM Charter

SAM Charter is the premier software asset management consulting practice dedicated to offering high-quality SAM services. We provide guidance on software asset management, information security and IT governance.

[mayank-mallik84]

ServiceNow SAM | Inmorphis

ServiceNow SAM is a module within the ServiceNow platform that provides organizations with the tools and capabilities to manage their software assets. Acquire the complete guidelines on why it is essential for your organization.   

[aelumconsulting]

ServiceNow ITAM: Enabling Asset Transparency 

ServiceNow ITAM (IT Asset Management) automates the lifespan of IT assets. It provides a central location for hardware, software, contracts, and licensing. It optimizes utilization, minimizes expenses, and assures compliance by tracking assets from acquisition to retirement. ITAM manages updates and vulnerabilities to automate procedures, match resources with business demands, and reduce security risks. Real-time data insights and integration capabilities promote effective IT operations, allowing firms to make educated decisions, boost productivity, and have a complete perspective of their computer systems. 

ServiceNow ITAM helps you manage and enhance all of your company's digital assets. You may effectively manage the end-to-end lifespan of software, hardware, non-IT resources, and cloud services on one platform with the aid of a robust configuration management database (CMDB). Another significant advantage of ITAM is that it gives you greater control over the security of your IT infrastructure. IT assets are inherently exposed to security risks, which should be minimized as much as feasible. ITAM improves your awareness of your IT assets by monitoring their health, position, and protection. 

ServiceNow SAM (Software Asset Management) 

ServiceNow SAM (Software Asset Management) is a powerful software licensing management solution. It provides a single platform for tracking, managing, and optimizing software licenses during their lifespan. licensing entitlement tracking, use monitoring, and automatic licensing reconciliation are all important aspects. It facilitates in the identification of unwanted or underused licenses, the optimization of software spend, and the avoidance of penalties due to non-compliance during auditing. 

ServiceNow HAM (Hardware Asset Management) 

ServiceNow HAM automates the management of hardware assets throughout their lifespan, from purchase to disposal. It assists companies in tracking the usage, location, and status of physical assets, enabling optimal resource allocation and eliminating wasteful spending. It also assists in maintaining regulatory compliance and planning maintenance plans to reduce downtime. 

Key Benefits of ServiceNow ITAM, Businesses can utilize: 

Asset Lifecycle Optimization tracks assets from acquisition to disposal, guaranteeing effective usage and eliminating wasteful spending. 

Streamlines operations and reduces manual labor by automating asset-related workflows such as procurement, provisioning, and retirement. 

Identifies underused assets, improving resource allocation and avoiding waste. 

Reduces security threats by monitoring hardware and software upgrades, ensuring systems are safe and up to date. 

Combines with other ITSM modules to provide a complete picture of the IT infrastructure and help in decision-making processes. 

Provides real-time access to asset data, allowing for informed choices and proactive management. 

Attention to compliance Supports compliance with license agreements and laws and regulations, reducing risks during audits. 

Conclusion 

ServiceNow ITAM serves as a single platform for controlling every aspect of the lifespan of software and hardware assets utilizing the ServiceNow platform. With a robust CMDB, businesses may optimize asset management costs and decrease exposure. Through a successful ServiceNow ITAM platform installation, enterprises may effectively track their digital and tangible assets and improve the performance of their IT infrastructure.  

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Global Software Asset Management Tools Market Analysis, Trends and Opportunities 2020-2026

Summary - A new market study, titled “Global Software Asset Management Tools Market Analysis, Trends and Opportunities 2020-2026” has been featured on WiseGuyReports

 Software asset management (SAM) tools automate many of the tasks required to maintain compliance with software licenses, thereby controlling software spending. They facilitate the in-depth analysis of software assets by decoding software license entitlements, automating the collection of software consumption data, establishing independent software vendor (ISV) effective license position (ELP), and optimizing software value delivery and information sharing. SAM tools manage entitlements from enterprise license agreements, purchases and other records to automatically determine and optimize license position against discovered software. Infrastructure and operations (I&O) leaders use SAM tools for managing software entitlement, in lieu of using spreadsheets, due to the rising complexity of software-licensing schemes. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Software Asset Management Tools market in 2020. COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future. This report also analyses the impact of Coronavirus COVID-19 on the Software Asset Management Tools industry. Based on our recent survey, we have several different scenarios about the Software Asset Management Tools YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ xx million in 2019. The market size of Software Asset Management Tools will reach xx in 2026, with a CAGR of xx% from 2020 to 2026. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Software Asset Management Tools market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Software Asset Management Tools market in terms of revenue. Players, stakeholders, and other participants in the global Software Asset Management Tools market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on revenue and forecast by each application segment in terms of revenue and forecast by each type segment in terms of revenue for the period 2015-2026. Regional and Country-level Analysis

 ALSO READ: http://heraldkeeper.com/news/covid-19-impact-on-global-software-asset-management-tools-market-size-status-and-forecast-2020-2026-486732.html

 The report offers an exhaustive geographical analysis of the global Software Asset Management Tools market, covering important regions, viz, North America, Europe, China, Japan, Southeast Asia, India and Central & South America. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of revenue for the period 2015-2026. Competition Analysis In the competitive analysis section of the report, leading as well as prominent players of the global Software Asset Management Tools market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020. On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Software Asset Management Tools market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Software Asset Management Tools market. The following players are covered in this report: Snow Software Flexera Aspera Certero Ivanti ServiceNow BMC Software Cherwell Software Symantec Belarc Eracent Scalable Software 1E IBM Open iT Broadcom License Dashboard Software Asset Management Tools Breakdown Data by Type Web-Based Installed iOS Android Software Asset Management Tools Breakdown Data by Application Audit Management Compliance Tracking Configuration Management Contract/License Management Others

 FOR MORE DETAILS:  https://www.wiseguyreports.com/reports/5299270-covid-19-impact-on-global-software-asset-management

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