Software Audits – Are you Ready?
Software audits are increasingly common and represent a significant and growing risk for business enterprises. Violations of licensing and compliance terms can generate hundreds of millions of dollars in fines and penalties as well as negative publicity that damages corporate brands.
Several factors have driven this trend, including vendor strategies in response to declining sales, and the disruptive impact of new technologies such as cloud, virtualization and converged infrastructure.
In this environment, an effective software asset management program to help enterprises identify what they are licensed to use, understand how they are using it and quantify what they are paying for is imperative. With proper preparation, customers can demonstrate compliance and – whether or not they are audited – improve their contractual terms and supplier relationships.
This Alsbridge white paper examines factors behind the growth of software audits, evolving vendor strategies, common events and circumstances that trigger audits and typical areas of compliance vulnerability. The author also outlines keys to effective software asset management and audit response and preparedness.
Read the full white paper here