Thoma Bravo, one of the largest software-focused investors in the world, are set to buy a controlling share in USU to add to their growing collection of SAM tools.
The investment company, who already own both Flexera and formerly Snow software, now owns three of the top SAM tools on the market.
This news has prompted us to think about the place of SAM tooling, its purpose within the SAM function, and what this means for customers.
What are SAM tools and why do companies use them?
Software Asset Management (SAM) tools are specialised solutions that are designed to help organisations manage and optimise their software investment.
The main reasons that companies invest in a SAM tool are to optimise software costs, maintain compliance, improve efficiency, and mitigate risks.
When implemented properly, organisations can easily achieve 200-300% return on investment in savings and cost avoidance over several years.
Why SAM tools aren’t always effective
Despite their designed convenience, SAM tools are often not the most effective method for businesses to fully optimise their IT assets. The tool alone lacks the comprehensive understanding of the business; therefore, projects should focus on people and process ahead of technology.
Only when you combine people, process and technology, will you get the desired result and return on investment.
SAM tool or SAM consultancy?
Choosing a method to manage a company’s IT assets is ultimately up to the company in question. However, for a more hands-on, personalised optimisation process, lots of businesses have started to opt for SAM consultancies.
With the help of a consultancy, complete with real SAM expert guidance, the entire process is more cost effective and designed to fit business objectives.
Considering this week’s announcement by Thoma Bravo, the SAM tool industry is gradually providing less choice, meaning that customers must focus on people and process first, before considering a toolset.
Don’t just take our word for it though, contact us today to find out how we can help optimise your business’ IT assets.
