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LicenseWatch SAM SolutionLicenseWatch

LicenseWatch SAM Solution is a leading IT Asset Management (ITAM) platform that ensures software and hardware compliance, optimizes licensing costs, and minimizes compliance risks for organizations.

Vendor

Vendor

LicenseWatch

Company Website

Company Website

LicenseWatch-Datasheet.pdf
Product details

The LicenseWatch SAM solution is a world-leading software solution designed to help organizations save on software license costs and minimize compliance risks. It is characterized by its ease of use and quick implementation, providing a fast Return on Investment (ROI) with an attractive Total Cost of Ownership (TCO) for organizations of all sizes. Smaller organizations benefit from its intuitive user interface, while enterprise-class organizations can leverage its advanced features for comprehensive software management. The solution identifies all software installed on a network and automatically reconciles it against existing software licenses and agreements. Its built-in knowledge of major vendors' licensing programs helps organizations optimize their software investments. By providing insights into software usage, LicenseWatch enables the reharvesting of unused licenses, preventing unnecessary new purchases or maintenance renewals. It also helps prevent the installation of unwanted (black-listed) software and offers real-time information on software installation and usage, thereby mitigating financial implications and reputational damage from non-compliance. This comprehensive overview empowers organizations to make better decisions throughout the complete lifecycle of software products, leading to more accurate IT budgets and improved alignment of IT with business objectives.

Features & Benefits

  • Cost Optimization
    • Helps organizations save on software expenses by monitoring software usage, identifying unused licenses for reharvesting or un-installation, and automatically calculating potential savings based on built-in software pricing.
  • Compliance Risk Minimization
    • Prevents installation of unwanted (black-listed) software and provides real-time information on software installations and usage, reducing financial implications and reputational damage from non-compliance.
  • Informed Management Decisions
    • Provides comprehensive insights into software installation and usage, enabling better decisions on the complete lifecycle of software products, leading to more accurate IT budgets and improved IT-business alignment.
  • Automatic License Up/Downgrade
    • Leverages built-in License Intelligence for automatic up and downgrade between software versions and editions, simplifying compliance management.
  • Role-Based Access Control (RBAC)
    • Allows definition of roles for users to secure proper access rights for global or local administrators.
  • Application Recognition Service
    • LicenseWatch's Software Recognition Team identifies and tags all inventoried software from the customer’s environment, saving time and ensuring daily updates and synchronization.
  • Third-Party Discovery Tool Integration
    • Offers full integration with tools like Altiris, Microsoft SCCM, and Matrix 42 out of the box, enriching existing discovery solutions with License Intelligence for accurate license entitlement proofs.
  • Virtual & Data Center License Management
    • Integrates with virtualization solutions such as VMware, Microsoft, and Citrix to control licenses in virtual device and application environments, including full support for cluster licensing in data centers, factoring in stand-by and fail-over servers.
  • Multiple License Pool Management
    • Enables customers to manage multiple license pools, simplifying control by allowing creation of pools for specific applications, user groups, computers, or the entire organization.
  • Real-time Compliance Calculation
    • Provides real-time calculation of compliance, automatic up/downgrade between versions/editions, and reconciliation between installations, licenses, and software usages to achieve an Optimal License Position (OLP).
  • Software Usage Monitoring
    • Offers a complete overview of who is using what software on which computer, enabling organizations to reduce software spending by removing unnecessary installations or access.
  • Software Ownership Tracking
    • Allows registration of software licenses and ownership to users, computers, departments, or the entire organization, facilitating easy tracking and supporting Cost Place Billing.
  • Centralized Contract Management
    • Manages all contracts and agreements centrally, allowing assignment of ownership, location, and cost center, custom fields, relationship definition, and attachment of scanned copies for a complete overview.
  • Proactive Alarms and Reporting
    • Provides proactive alerts for agreement renewals and offers over 60 predefined alarms. Data can be easily exported to PDF or Excel, and a Report Wizard assists in creating custom reports.