beroe-ai

Software Asset Management
Market, Supplier, Risk and
Competitive Intelligence

best-value

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai™

feature

 No Additional Benefits

Not ready yet? Schedule your free Demo

Subscription Benefits:

  • PRO access to Beroe LiVE.Ai™
  • Category Report with unlimited updates
  • Supplier Watchlist for 3 suppliers
  • Supplier Shortlisting Tool

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai™

feature

Manage Software Asset Management Category with Ai powered
Procurement Productivity Suite

meet-abi-1

Abi will answer all Software Asset Management related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Software Asset Management to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

meet-abi-1

Abi will answer all Software Asset Management related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Software Asset Management to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

Get Beroe LiVE.Ai™ subscription for your team

17k + companies trust Beroe for their supply market intelligence needs

Check out what’s included in market information for Software Asset Management on Beroe LiVE.Ai™

Learn More about Beroe LiVE.Ai™

Report Coverage

  • Market Trends
  • Technology & Innovation Trends
  • Global Supplier List and Capabilities
  • Mergers and Acquisitions

Market Size

Global Market Size

$4.7 billion

CAGR (2020-2025)

14.8 percent

Table of contents

  1. Software Asset Management Executive Summary
  2. Global Trends
  3. Supply Market Outlook
  4. Demand Market Outlook
  5. Category Strategy Recommendations
  6. Category Opportunities & Risks
  7. COVID-19 Impact on Product Engineering Services
  1. Software Asset Management Market Analysis
  2. Global SAM Market Overview
  3. Global Market Drivers for SAM
  4. Global Market Constraints for SAM
  5. Key Trends to Watch
  1. Software Asset Management TCO & Implementation Models
  2. Evolution of SAM –License Management
  3. Various Roles in a SAM Team
  4. SAM managed services
  5. SAM Maturity Models
  1. SAM Managed Services
  2. SAM Managed Service with Pricing Models
  3. Supplier Scoring based on Functional and Operational Capabilities
  4. Key Global Supplier Profiling
  1. Software Asset Management Best Practice
  2. SAM - Best Practice

 

  1. Market Monitoring Insights
  2. SAM: Pricing Model and Cost Structure

 

  1. SAM-RFP Inputs
  2. RFP Questions

 

  1. Supplier Analysis
  2. Supply Market Outlook
  3. Supplier Profiles
  4. SWOT
  5. Porter’s Five Forces Analysis

 

  1. COVID-19 Impact

Want a more detailed personalised report?


Software Asset Management Category Overview

  • Software Asset Management (SAM) is a practice that involves managing and optimizing purchase, deployment, maintenance, utilization, and disposal of software applications within an organization
  • This helps an organization to reduce software costs, improve compliance, and develop processes for employee software request

 

Software Asset Management trends - SAM Market Trends

Cloud computing and Virtual Licensing

  • Increase in Adoption of Cloud Computing and Virtual Licensing
  • With an estimated cloud market size of $332 billion in 2018, enterprises need to consider the management of software assets and services for the cloud as well. 
  • The BYOD market is estimated to grow at a CAGR of 15 percent between 2018 and 2023. The market was $40.32 billion in 2018 and is expected to be $82.10 billion in 2023
  • Software License Management Market: It is important for the enterprise to address BYOD strategy during SAM implementation, as it allows software license access from personal devicesIncreasing Internet and Mobile operation
  • BFSI industryis the major adopter of cloud, due to the cost and operational benefits
  • About 60–65 percent of the BFSI industry is expected to adopt cloud computing by 2020
  • 40–50 percent of the customers globally are using internet and mobile for BFSI related transactions. It is essential for the enterprise to plan and communicate the strategy before implementing SAM

 

Global SAM Market Overview

  • The market size for SAM was expected to be $4.7 billion in 2020. It is forecasted to grow at a CAGR of 14.8 percent between 2020 and 2025 and is estimated to reach $9.4 billion by 2025.
  • Supplier Scoring based on Functional and Operational Capabilities
  • Based on analysis, BMC software and ServiceNow are the best in class vendors for software Asset Management solutions. It is observed that the total cost of ownership for BMC software solution is significantly higher than that of ServiceNow

SAM–Best Practice

Structured SAM lifecycle

  • Includes every aspect of acquiring IT asset, which starts from the initial request, selection, deployment, training and support services for the end-user Enables control and accountability for spending and standards
  • SAM enables control and accountability for spending and standards through user management and approval process which thereby results in best in class practice during the procurement phase

Register changes during IMAC

  •  Includes changes that occur during the lifetime of IT asset, referred to as IMAC (Install, Move, Add, Change). Fetch benefits for enterprises on deployment of either of the following options.
  •  Creating a criterion for cascading, where the comparative benefits of non- cascading are also taken to consideration
  •  Delimiting the situations for cascading with mutual benefits for business process and costs associated with financial resources
  • Control and accountability for the retirement of IT/software assets
  • Enables control and accountability for the retirement of IT/software assets guided by financial and physical objectives
  • It includes planning and management of the execution of replacement/disposal of assets Third party contract for replacement/ disposal of IT assets
  • Best practice for asset replacement and disposal is to engage with a third party in case of scrap disposal to ensure professional data clean up or disk wiping occurs and governance measures are maintained

Increase in Adoption of Smart Devices and Internet of Things (IoT)

  • IoT market is expected to grow exponentially and reach $457 billion by 2020
  • Discrete manufacturing, transportation and logistics, and utilities will contribute to greater than 50 percent of the enterprise IoT spend
  • IoT in BFSI is used in core business activities, such as product tracking (33 percent), monitoring customer status through digital devices like mobile devices and digital sensors (29 percent), premise tracking (22 percent), supply chain monitoring (16 percent)
  • IoT has increased the challenge in SAM implementation, as it allows the use of software licenses through mobile devices, remote, transient connections and one-time transactions
  • Enterprises have to ensure that they are able to track all the devices on which software licenses are installed and its associated usage, while implementing SAM

Digital Revolution : Increase in Digitalization

  •  With increasing digitalization across industries, digital asset management is estimated to grow at a CAGR of 28.7 percent between 2014–2019
  •  BFSI industry shows an increase in digitalization by adopting multi-channel and digital strategy to provide better customer/consumer satisfaction
  •  About 75 percent of the banking and financial services clients are expected to accelerate digital strategy by the end of 2020
  •  Use of analytics, social media to work real-time
  •  Enables proactive and strategic decision making
  •  Allows enterprise to store, collaborate and manage the allocation of metadata and track assets on real-time basis

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai™

feature

Complimentary 12-month access to Beroe LiVE

Any more questions?

Get in touch with us quickly and easily.

x

Join us on Oct 6 for a webinar on Managing Inflation and Supply Shortages