Enterprises buy various software licenses for their staff to use and to incorporate in software for clients. It’s a sufficiently big job to monitor licenses that an entire category of Software Asset Management (SAM) tools exist. Today Accenture
announced the deployment of a new SAM tool based on distributed ledger technology (DLT).
The system tracks software events from origination to purchase. It helps to simplify tracking, usage and audit functions.
“While software asset tracking and management tools have evolved, it can still be a daunting task for any large organization to manage,” said Melanie Cutlan, senior principal, Accenture Operations blockchain lead. “The power of DLT will simplify the traceability of these licenses, and, therefore, the auditing function so all can see where each license is assigned. This has the potential to save organizations millions of dollars per year in the management of their software license portfolios.”
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.