FREE SAM Cost Optimization & Usage Analytics Questions and Answers
What is a "shelfware" in the context of software asset management?
"Shelfware" refers to software that has been purchased but is underused or not used at all. Managing shelfware is key to cost optimization, as eliminating or repurposing these licenses can significantly reduce software costs.
What is the best strategy to optimize software costs in a large organization?
Regularly reviewing software usage data allows organizations to make informed decisions about which licenses to retain, reduce, or consolidate, ensuring that software spend is optimized based on actual needs.
How can usage analytics help during software renewal negotiations?
Usage analytics give organizations concrete data on how much and how often software is being used, which can be used to negotiate more favorable terms or reduce the number of licenses required during renewal discussions.
Which of the following can help reduce software licensing costs?
Usage-based licensing models, such as subscription-based or "pay-per-use" plans, can help reduce costs by allowing organizations to only pay for the software that is actually used, rather than buying unnecessary perpetual licenses.
What is the main goal of software usage analytics?
Software usage analytics helps organizations monitor how software is being used. By analyzing these patterns, businesses can optimize license allocation, ensuring they only pay for the software they need and use, thus reducing unnecessary costs.