- Jan 09, 2019
- Johannes Biesing
2019: The Year Ahead for Cloud Software Asset Management
We’ve said it before and we’ll say it again: software is more than just installations – it is the lifeblood of every company. With a Software Asset Management strategy in place, businesses are empowered to make better software licensing decisions that lower costs, and protect their software investment.
And because software is the lifeblood of your company, how we access and use that software is constantly growing and evolving. As we move forward into 2019, pay close attention to the evolution of software license management in the cloud age – and what those changes mean for your organization.
A transitional year for software asset management
Companies still need to manage existing on-premises software license environments, and Software Asset Management provides the know-how and governance structures needed to focus on this task.
However, the way how we acquire software is shifting, and hence SAM programs must adjust their scope and organizational impact.
On one hand, compliance still very much matters for customers who are bringing their own licenses to outsourced cloud data center providers like AWS, Azure, or even Alibaba. Calculating BYOL scenarios is tricky and raises new compliance issues connected to the cloud.
On the other hand, as more vendors move from hybrid cloud to cloud-only solutions, Cloud Software Asset Management will become less about compliance. Cost avoidance and spend management becomes a central focus for SAM teams.
Learn how to minimize Cloud Shock – the unexpected, unbudgeted cost increase from delivering IT services via public cloud. Read the latest research from The ITAM Review.
Protect against hidden software costs
Forrester Research predicts the global cloud computing market to exceed $200 billion in 2019. Besides many agile newcomers entering the game with their SaaS solutions, mega-vendors like SAP and Microsoft continue to push customers into the cloud. And platforms like SAP S/4HANA and Microsoft Office 365 offer both increased flexibility, as well as additional challenges when it comes to managing software licenses.
As you move to the cloud, there is now increased pressure to manage SaaS spend and avoid unnecessary SaaS subscription and cloud services costs.
So how do you stay protected from the SaaS spend surprise, meaning hidden cloud associated costs that may be unexpected? A savvy software license management tool helps you plan, monitor, and optimize your cloud services and licensing – and avoid hidden cost traps, all while building transparency for your across your organization.
Predict your future software consumption
Are you actively monitoring and controlling your cloud strategy? Whether your company is considering a transition to cloud services, or is already immersed in the digital landscape, it’s critical you have the tools to plan, monitor, and optimize your cloud services and licensing.
Product-driven cloud software asset management solutions that focus on Salesforce license management or Office 365 license management eliminate the guesswork. These SaaS management tools are the only way to ensure that you pay for the cloud licenses and services you really use and need by predicting your future consumption.
With the ability to accurately view consumption in place, you can deliver numbers to stakeholders that predict and control future costs.