This suite of tools facilitates comprehensive management of software assets within an organization. It encompasses functionalities for software license optimization, software asset discovery, and application usage monitoring. For example, it helps organizations track software installations, ensure compliance with licensing agreements, and reclaim unused licenses.
Effective management of software portfolios is essential for reducing costs, mitigating risks associated with non-compliance, and improving operational efficiency. This type of system allows for informed decision-making regarding software procurement and deployment strategies. Originally developed to address challenges in software compliance, it has evolved to incorporate broader software asset management capabilities.