Best Approach To Have Software License Compliance

By Author: Allan Brennan
Total Articles: 2
Comment this article

Without any doubt, one can easily feel that there is a change in software industry all across the world. A constant low software market growth rates along with the growing interest in alternatives to traditional software business models have positioned the phase for a potentially disruptive impact on vendor licensing policies. In recent times, it has also been observed that spending on software by various big and mid-sized organizations is nearly approaching to 25% of business IT expenses. As a result, nowadays organizations are looking for different ways to decrease software expenses, without impacting or bringing any drastic changes in the normal course of business that software enables. But, the real matter of concern is that without having accurate information on software inventories, the possibility of having an effective management of software is nearly impossible.

These days, software has certainly turned out to be the vital module for the success of a company’s operations. Now, it is very important that this precious asset must be tracked and efficiently managed. But, it’s really unfortunate to see that there ...
... are very few organizations that have an effective process for managing their software assets. It is a very clear that as organization continue to grow, so do the number of software licenses and the IT budget dedicated to the managing those licenses. Consequently, it gets more important for organization to develop and further maintain a successful and well-organized software compliance program. Such program can lead to the proper management of software and in one way very essential in today’s business environment.

Recent observations and researches also indicate that most of the organizations are getting hampered by the lack of transparency and visibility into the enterprise-wide IT environment. Most of them are facing a “data deficit”, where the information present is not sufficient for making an informed decision. Therefore, it is very important that organization start implementing a solution that could ensure compliance with current software license agreements and scan for potential violations time after time. Just by managing software licenses, it gets lot easier for organizations to avoid paying penalties and dealing with the probable legal issues while significantly cutting software licensing and maintenance costs.

Keeping business records for the last 5 to 10 years is never that easy, but if an organization make a proper use of SOX compliance software, then dealing with such situation can be simplified to a large extent.Such application makes it lot easier for organization to store business records and access them in the form of reports whenever required.
Today, if you are an IT administrator, then it is very important for you to have a very clear and transparent visibility into your IT infrastructure. In fact, given today’s dynamic software licensing practices, it is very vital to have the complete information about software like - How many software licenses do you have deployed? or which versions are you using? in a format relevant for licensing agreements. But, managing software licenses across an organization is not an easy job. Therefore to deal with such circumstances the best approach that you can opt is use software license compliance tool like Lepide Software Asset Management tool.

Using such tool, an enterprise can easily meet the terms by various regulatory acts like HIPAA, GLBA, PCI and SOX. Moreover, they can also select a compliance field and create report on the basis of the regulatory act for further analysis. The key highlight of this software is it helps administrator know about the illegally shared executables across a network. It helps in tracking the installed software on all your machines and further maintain asset register of purchased licenses. Thus in one way, it lets you have a proper strategy to identify software vendors, negotiate with them, and enforce sourcing policies over time.

The author of this article is an IT expert and in past has written several articles on software license compliance tool. In this article, he has once again stressed on the effective usage of sox compliance software.