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You're paying too much for tech assets. Here's what you can do to stop the madness! |
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Would it be beneficial to your company to reduce the costs of software by as much as 25%? What if you could use simple and cost effective software asset management SAM or technology asset management TAM to do more with the same money you currently allocate to the tech budget? Maybe it's time you looked over the SAM & TAM content at BizTechNet.org.
No matter how large or small your company; no matter what your industry, you can use basic brain power to put a stop to outrageous tech spending and related risk.
Caution: Saving money on hardware & software should not mean that you need to spend more money--far from it.
Instead, to accomplish a significant boost on your tech return on invested capital, you need only implement a basic technology asset management program. Whether you refer to this concept as TAM; or software asset management - SAM, or enterprise asset management - EAM, it's all about getting more for your money. Ready to start? Read on.
You can begin improving the value of your technology portfolio--without spending an additional penny--by trying one or more of the following actions:
- Create definite business criteria standards for all new technology acquisitions. If the product or service can be directly linked to positive value, you will immediately begin gaining that value.
- Create and enforce effective policies and procedures for the acquisition and use of all corporate technologies. Don't get all legal on us, here. Create honest & straightforward policies that real live people can understand and follow.
- Learn to conduct a simple Business Case Analysis; or Cost Benefit Analysis; or Needs Analysis--then use it--for all tech purchases. Again, don't get all complicated. Keep it simple and actually follow up.
- Once you have acquired a new product or service, monitor your original acquisition criteria to ensure that you gain the expected benefits for the entire product or service life cycle.
- Create an effective and centralized filing system for all software-related documentation--licenses, master media, proofs of purchase, authenticity documents, even manuals if necessary. Keep it accurate & up to date.
- Conduct an accurate review of all computing devices to identify precisely what copyright protected products are present. This can be accomplished at virtually no cost for "proof of concept" purposes. Once the pilot is completed, you can actually establish an entire SAM program with very little up front investment.
I'm Alan Plastow & I am fully aware of all the hidden caveats beneath every bullet point above. However, the answers to a majority of those issues are contained within the BizTechNet.org web site. They're free to those who sign in to our e-mailing list.
Any questions or specific follow up you need? Let us know and we'll continue to discuss.
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