License complexity has risen dramatically over the years, including a need to manage hybrid and SaaS environments.
Dynamic IT environment cloud (subscriptions, infrastructure), virtual machines, data center operations and software compliance audits are all eating ever-more of the organization’s budget.
Contract complexity and increasing number of software vendors to handle leading to increased frequency of audits.
The default configuration for most software is normally the most expensive. Organizations applying SAM have a potential saving in software configuration on end points and data center software.
Many organizations are finding issues around process, security, and regulatory requirements cannot be solved without automated and integrated asset management tools.
How can we help?
Verto Wave is offering a one stop shop for both license consultancy services via top tear consultants and ITAM solution through our partnership Flexera the leading ITAM vendor. covering vendors such as (Oracle, IBM, SAP , VMWare and Microsoft).
licensing compliance and cost optimization while maintaining compliance, allowing our customers to maximize the value of their software investments.
Achieve Organization objective to ensure license compliance and eliminate financial risks.
Reach a leveraged position during negotiations with Vendors.
Maximize cost savings, through Cost avoidance cost savings Reduce support and successfully negotiate and reduce contract value.
Train and build the teams knowledge and experience in license management.
License Consultancy Service
Internal license audit / optimization strategy
Discovery & Assessment Phase
Effective License Position (ELP)
Optimization Strategy
Renewal negotiation support, ad hoc queries
Objective is to ensure our customers obtain the optimal renewal agreement for their estate that meets their short- and long-term IT Roadmap requirements.
Periodic license benchmarking
Activities: Produce a Bi-annual Effective license position (ELP) to evaluate discrepancy in license position and provide advisory on potential license discrepancy
Procurement support
Objective To deliver the best cost option in a new or renegotiated agreement that also provides a sustainable agreement for the future to meet CUSTOMER’s requirements.
Sam process Maturity Establish SAM team best practice and create a mature SAM process to be able to look beyond ELP generation as their primary goal and seek to measure the pulse-points of the IT estate through SAM processes.
ITAM Solution (Flexera)
Flexera has been positioned by Gartner, Inc. in the Leaders quadrant of the Magic Quadrant for Software Asset Management Tools. Flexera was also named a Customers’ Choice for Software Asset Management Tools based on user reviews.
Flexera works with
8 OF THE TOP 10 US BANKS
8 OF THE TOP 10 US INSURANCE COMPANIES
ALL 6 OF THE TOP US TRANSPORTATION COMPANIES
5 OF THE TOP 20 EUROPEAN INDUSTRIAL COMPANIES
6 OF THE 10 LARGEST GLOBAL COMPANIES
Why is Flexera the preferred ITAM provider
Platform discovery: Interrogate devices, infrastructure and financial systems to find physical, virtual and cloud platforms upon which software is executed and utilized.
Entitlement discovery: Integrate with vendor portals, sourcing and vendor management systems, and other data sources to obtain software contract, purchase and procurement records.
Identify platform consumption: Capture platform configuration information and extract a list of all software and software consumption. Identifying the software installed on or executing upon a platform (as in the case of instance-based software licenses) is foundational to SAM.
Identify entitlements: Decode software contracts, purchases and procurement records to derive the entitlements for software and SaaS consumption conferred by a given license agreement.
Normalize consumption data: Consolidate multiple platform consumption datasets and other information to resolve duplicated or conflicting records. This is intended to create a single, organized and categorized inventory of software consumption from data collected by multiple tools.
Normalize entitlement data: Consolidate multiple software entitlement records and other information to produce a single, accurate, organized and categorized inventory of entitlements in effect for each software publisher.
Reconcile: Harmonize contract, purchase, and entitlement information with normalized inventory data. This creates an effective license position, which is the balance of license entitlements to actual license consumption. An ELP provides a basis for compliance management, risk reduction, audit readiness, contract (re)negotiations, license “true-ups” and software spending optimization.
