What is software asset management?

Software Asset Management (SAM) is a set of processes and practices designed to manage and optimize the purchase, deployment, maintenance, utilization, and disposal of software applications within an organization. SAM helps ensure that software licenses are used efficiently, remain compliant with vendor agreements, and helps reduce costs by preventing over-purchasing or underutilization. It also plays a crucial role in reducing legal risks associated with software piracy and improving overall IT efficiency.