What is SAM methodology?

What is SAM methodology?

Among the different types of asset management, software asset management (SAM) is a process that’s crucial in today’s highly technological business. Most operations use tons of software assets–these include the application, the license that governs it, the data it generates and stores and the hardware it uses to run. 

SAM methodology is the practice of SAM and includes key strategies such as procurement and inventory, license management, usage tracking, compliance monitoring and risk management. It’s best done with software asset management tools like Flexera.

What is Software Asset Management?

SAM is one of three main asset management types that involves actively governing and automating activities to ensure the efficient usage of software assets. Its end goal is to improve productivity and reduce wasted resources, helping companies enhance operations, save money and minimize risks. 

SAM methodology focuses on three key elements:

Licenses

SAM keeps software licenses up-to-date and compliant. It can help organizations align their software investment by pinpointing asset specifications and making sure that the company doesn’t pay for more than what it needs.

Audits

Software vendors and regulatory bodies often carry out audits to check if organizations are using their applications correctly. Non-compliant businesses may have to face legal or financial penalties. SAM makes audits easier because it enables you to stay on top of your practices and monitor your inventory.

Optimization

One of the most important applications of SAM is software optimization. Tools like Flexera can help you maximize the value of your software investments, ensuring that every asset is utilized correctly. You can analyze usage and assess performance and use this data to drive business decisions.

How to implement SAM methodology

Implementing SAM methodology is a strategic process that takes several steps. Proper execution is key to ensuring that your system meets current needs and is adaptable to future changes. Here’s a quick guide on how to get started on SAM methodology:

Assess existing software assets

The first step in SAM implementation is to take a look at your current software environment. Identify all the assets currently in use and how these align with your company’s needs and goals. Then, determine what needs to be adjusted, added or changed.

Create a SAM strategy

With an overview of your infrastructure, outline a strategy that addresses the objectives that you hope to achieve with your software investments, mapping out points of action to take to accomplish these goals. This planning stage also involves looking into different SAM tools and solutions that you can deploy to streamline your operations.

Install tools and systems

Implement your strategy by installing the necessary resources and processes. This means acquiring solutions, integrating them into your workflows and configuring software for proper data collection and monitoring.

Provide training and awareness

The success of SAM greatly depends on the people who practice it. Provide adequate training to relevant stakeholders and teams, raising awareness about the importance of SAM so that you can nurture a culture that values effective software management. Then, go through the specific tools and procedures laid out for implementation, specifying the roles and responsibilities of personnel.

Monitor and optimize

SAM doesn’t stop when your tools are set. It requires constant review of software usage and compliance.

You must regularly monitor your assets to identify any inefficiencies and make adjustments as needed. This way, you can guarantee that your organization is always maximizing its investments and the value of its assets.

Apply SAM methodology with Flexera

Flexera’s SAM tools can help you seamlessly manage your software assets. Our technology enables you to reduce risk and costs, stay audit-ready, identify waste and opportunities, reduce manual effort and collect accurate data on your infrastructure. Find out how we can work to improve your hybrid IT environment today!