In terms of asset management software, did you know that only 36 percent of the software businesses pay for is utilized? That’s right! Only 36 percent. That’s an extra 64 percent that’s being paid for but going unused.

So, what does it mean to manage your software assets effectively—where 100 percent of your software investments are used?

Getting the Facts

The official definition of "software asset management," or SAM for short, is:

A 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.

So, eliminating, consolidating, and revitalizing old software licensing models is the name of the game. But if you don’t know the lay of the land around software (i.e. how often organizations over-license software, how much time is spent resolving data accuracy issues, how much software license complexity indirectly costs an organization, etc.), you’ll never have the wherewithal to manage your own software.

We’ve Got You Covered

Knowing the painful facts about asset management software will properly equip you to face your own licensing fears.

Our Software Asset Management experts have formulated a simple, 5 question quiz that tests your knowledge about how organizations actually manage their software.

After you test your knowledge, we’ll give you the right answers and some accompanying helpful tips for managing your own software in the future. The more you know, the more capable you are of properly managing your software.

Take our Software Asset Management 5 question quiz to test your knowledge about SAM today!