Recent research commissioned by BSA Verafirm, for example, reveals that 91% of UK SMEs have started, or are planning to start, digital transformation and that most have already moved applications to the cloud as part of their digital transformation journey.
A significant proportion of these businesses will soon rely completely on cloud computing to maintain their operations, with a quarter (24%) moving or planning to move all systems and processes to the cloud. Another 27% of these businesses, meanwhile, are using public cloud services such as Google Drive and Dropbox, and the same proportion again are deploying or planning to deploy a mix of private and public cloud applications.
Cloud adoption is starting to drive SAM investment, yet many businesses don’t have a SAM strategy
The mainstream adoption of cloud computing has led to the proliferation of software applications and subscription-based services that come with different licensing models and terms of agreement. This has created further complexities for businesses, demanding a stronger focus on Software Asset Management as a way to manage the plethora of software assets available via the cloud.
As a result, we’re starting to see an increased investment in Software Asset Management (SAM) from organisations. Our research revealed that more than a third (36%) of UK businesses are planning to update their Software Asset Management (SAM) processes to reflect their growing use of cloud computing services. This is highest among those that have started or completed their digital transformation journey, compared with those that haven’t.
Despite some progress being made, however, almost a quarter (23%) of the businesses who have started or are planning to start their digital transformation journey either don’t manage their software assets proactively or don’t know anything about them. This rises to 44% of those that haven’t yet started their digital transformation journeys. These are concerning figures in an increasingly ‘cloudy’ world, given that poor software asset management can expose businesses to cyber security risks, not to mention compliance issues and operational inefficiencies.
Tips for building a successful cloud SAM strategy
To avoid the potential pitfalls that can come with a software-driven world, SMEs do need to prioritise building a successful Software Asset Management strategy for cloud applications and environments. Here are a few tips on how to do this:
By following these simple steps, you will be able to ensure you are planning for the future in a way that helps you optimise IT spend while simultaneously making the most of your cloud applications. If you want to learn more about how to build a successful software licensing strategy for cloud applications, please visit https://www.bsaverafirm.org/samcertification/.