Software can represent 31% of an organisation’s total IT budget so it makes good sense to keep a close eye on how, where and what licences you buy. This process, i.e. software licence management, is an essential part of an effective Software Asset Management (SAM) strategy and can help reduce your software spend by up to 30% per year.
Historically, the main project drivers for Software Asset Management have been around licence compliance. As more and more organisations recognise their legal obligation, or are reminded of it by the software regulators or publishers, many have been driven simply to complete a licence compliance review which has little or no return and in most cases has been seen as a costly exercise.
For those organisations which have engaged with Phoenix Software and adopted the Focus Service, our Licence-Management-as-a-service platform, however, it has been a different story. They have been able to continue managing their software licence compliance status, which has in turn enabled them to make more informed purchasing decisions – ultimately leading to significant cost savings.
Essentially, what Phoenix Software has been professing and delivering for the last decade is essential to managing your software effectively. Clearly understanding what licence entitlement you have and what software has been installed, and then being able continually to track that equation, is key – this is what we call the ROC Framework.