What’s the Difference between ITAM, SAM, and SaaS Management?
There is continued and increasing confusion in the IT industry when it comes to ITAM, SAM, and SaaS management. These management disciplines help maximize IT resources and achieve optimal business alignment. However, they have do have significant differences and they also focus on different areas. Knowing the differences between these disciplines can help you adopt the right approach for your organization.
IT Assets Management
ITAM or Information Technology Assets Management is a set of business practices to encompass the financial, contractual, and risk management of all IT assets, both physical and digital. The main purpose of ITAM is to maximize the value of these assets while also minimizing risk.
Most organizations are using ITAM when it comes to minimizing lifecycle costs, maximizing value from investments, and support IT teams, procurement, finance, etc. Of course, appropriate measures should be established to track and report on the results, effectiveness, and efficiency of the ITAM practices.
Software Asset Management
Software Asset Management (SAM) is a subset of ITAM. It helps to manage and optimize on-premise software applications. Organizations are actively using SAM to maximize the value and optimize the costs of software assets.
However, the main purpose of SAM is achieving and ensuring software license compliance. Software license compliance (SLC) is a subset of SAM. SLC mitigates legal and reputational risk by ensuring that the company has the appropriate licenses for each application.
SAM involves other processes like inventory, auditing, and optimization of software assets. It drastically improves the company’s budgeting and helps make key decisions when purchasing or redeploying additional software. Therefore, SAM becomes a “must-have” tool for companies that still using only on-premise technology.
Software as a Service Management helps to control, manage, and optimize cloud-based services across organizations. With SaaS applications, you access licenses and software through cloud technology. SaaS is faster and easier to implement. It has countless advantages and benefits for companies. Nevertheless, SaaS isn’t purchased, deployed, or used like on-premise software, so you can’t manage it with a traditional SAM tool.
Today, more businesses build their foundations on the SaaS model. At the same time organizations are increasingly moving towards cloud services. Therefore, forward-thinking It specialists and managers are in great need of a comprehensive and reimagined SAM solution for SaaS management. Binadox offers this solution and enhances every single aspect of SaaS management in your company.
Binadox: Innovative Software Management
We provide a reimagined SAM solution for the most effective and efficient SaaS management. Binadox is a platform that centralizes all your management processes into a single dashboard. With just a couple of clicks, you will discover every single application and its usage within your organization.
Binadox also provides detailed insights into cost optimization data, facilitates license reviews, and helps prevent shadow IT sprawl. Therefore, Binadox users can easily reduce spend, manage app costs, optimize subscription renewals, achieve license compliance, and minimizes security risks.