ServiceNow Launches Software Asset Management

ServiceNow has developed a software asset management solution intended to fix licensing issues before they affect the bottom line, often in the form of financial penalties in the wake of audits. “Software Asset Management” combines catalog, procurement and orchestration all in one system. Enterprises or their channel partners can allocate and reclaim software licenses to address non‑compliance and avoid the pains associated with vendor audits.

The tool enables enterprises and partners to automate software license spend, get a real‑time view of licensed software compliance, take a proactive approach to reconciliation and remediation, eliminate software waste and optimize license usage.

“As software drives greater innovation across the enterprise, it also demands more strategic oversight and powerful levers to optimize its use,” said Karel van der Poel, general manager, Analytics and IT Business Management at ServiceNow. “With ServiceNow Software Asset Management, CIOs have the means to master the management of software licensing and proactively support the business.”

The tool is expected be available in the third quarter of 2017.

Channel Impact^®
Software license and maintenance costs continue to rise for many customers, especially those that are moving towards a SaaS model.  Systems such as this one can be instrumental in promoting accuracy and efficiency.