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IBM Licensing Costs Tips – Reduce Expenses, Maximize ROI

Posted on by Hailey Austin

IBM Licensing Costs: Tips for Lowering Costs and Maximizing ROI

 

Software solutions have become vital for modern businesses to stay competitive as technology evolves. However, software licensing costs have become significant, especially for IT and procurement stakeholders. The challenge has become even more critical as IBM raised its prices recently. But fear not; I’m sharing some insider tips and tricks for optimizing your IBM licensing costs. Following these strategies can reduce your licensing expenses and maximize your technology investments. So, please grab a cup of coffee, sit back, and dive into some IBM license tips to save your business significant time, money, and aggravation!

Unleashing the Secrets of IBM Software Licensing ModelsUnleashing the Secrets of IBM Software Licensing Models

 

IBM offers a range of licensing models, each with advantages and disadvantages. It’s crucial to understand the details of each model to choose the most suitable option for your organization.  For example, the Authorized User licensing model grants access to specific users, while the Concurrent User model limits the number of users accessing the software simultaneously. The Processor Value Unit (PVU) model is based on the number of processor cores and their power.  The Resource Value Unit (RVU) model measures CPUs, memory, and storage.

Pro Tip – Many products offer different license metrics.  

 

You must ensure you pick the suitable IBM license for your needs, or it could cost you. Also, don’t forget to regularly review that metric to ensure it is still the best one for your requirements (at renewal time).

Understanding the licensing terms and conditions is equally important to avoid unexpected costs. For instance, some licenses may require specific hardware or software configurations or limit the usage to a certain number of servers or virtual machines.

The Power of IBM License Optimization Tools

 

IBM offers several tools to help organizations optimize their software licenses and reduce costs. The License Metric Tool (ILMT) is a critical tool for sub-capacity licensing that allows organizations to monitor their software usage and remain compliant. The ILMT provides reports on software usage, which can help organizations identify usage patterns and optimize licenses accordingly.

 

Mastering Best Practices for IBM License Optimization

 

Organizations can follow several best practices to optimize their IBM software licenses. One fundamental approach is to monitor and manage software usage continually. This helps organizations identify over-licensing and under-licensing and make necessary adjustments.

Regularly reviewing license agreements and terms are crucial to avoid unexpected licensing costs. This helps organizations stay informed about the terms of their licenses and ensure compliance with the usage limitations.

Organizations can also avoid over-licensing or under-licensing software by implementing IBM license management policies and procedures.

Harnessing the Wisdom of IBM License Cost Reduction Experts

 

Industry experts have several tips for reducing IBM license costs and improving IBM license ROI. One effective strategy is negotiating license agreements with IBM to secure better pricing and favourable terms.

Optimizing virtual environments is another way to reduce costs. By leveraging virtualization technologies, organizations can reduce the number of physical servers required and optimize their software licenses accordingly.

Finally, leveraging bundled licensing options can help organizations get more value from their IBM software licenses. Bundled licensing options combine several software products into one license, providing more flexibility and cost savings. You just have to ensure that the bundle you buy makes sense and that you’re not falling into a trap from an IBM seller.

 

It’s a Continuous Process, but We’ll Guide You Along the Way

 

Optimizing IBM licensing costs is a continuous process that requires constant attention, planning, and management. By implementing the tips and tricks we’ve shared in this blog post, you’ll have the necessary tools to reduce your licensing expenses and optimize your software usage, enabling you to gain a competitive edge in today’s rapidly evolving digital marketplace.  

Review your license agreements regularly, leverage IBM’s license optimization tools, and consult industry experts like us for guidance on reducing license costs. With these steps in place, you can maximize the value of your IBM software investments and drive your organization’s success toward high IBM license ROI. 

Along with these steps, you can speak to us today at MetrixData360, and we’ll help you along the process of optimizing your IBM software licensing costs.

IBM Announces New Requirements for License Compliance

Posted on by Hailey Austin

IBM Announces New Requirement for Effective License Positions: IBM Passport Advantage Customers Impacted

 

As an IBM Passport Advantage customer, maintaining compliance with your IBM software license agreements is paramount. Recently, IBM announced a new requirement for Effective License Positions (ELP), which means that all Passport Advantage customers must regularly create an ELP to demonstrate compliance with their license agreements. IBM has implemented this new rule to ensure that all organizations fully comply with their IBM software license agreements.

IBM Announces New Requirement for Effective License Positions: IBM Passport

Having a Good Software Management Practice Is Crucial

 

Creating an ELP can be complex and time-consuming, particularly if you’re already struggling to keep up with the maintenance and reporting requirements of the Inventory License Metric Tool (ILMT). That’s why having a good Software Asset Management (SAM) practice is crucial, including having ILMT up and running.

SAM is a critical business practice that involves managing and optimizing an organization’s purchase, deployment, maintenance, utilization, and disposal of software applications. The primary goal of SAM is to help organizations manage and control their software assets and ensure that they are in compliance with their software license agreements.

A comprehensive SAM practice includes a variety of processes and procedures, including software inventory management, software usage monitoring, license compliance reporting, and license optimization. A well-structured SAM practice can help organizations avoid costly software compliance violations, eliminate unnecessary software expenses, and improve their overall software asset management efficiency.

Perform a Comprehensive Software Inventory

 

The first step in establishing a good SAM practice is to perform a comprehensive software inventory. This means identifying all software applications and their usage within the organization, including vendor, version, and license type. A detailed software inventory can help organizations identify redundant or underutilized software applications and optimize their software licensing accordingly.

Implement a Software Usage Monitoring Solution 

 

Once an organization has a comprehensive software inventory, the next step is to implement a software usage monitoring solution like the Inventory License Metric Tool (ILMT). ILMT is a software tool that helps organizations monitor and report software usage, which is critical for license compliance.

ILMT is specifically designed for organizations that use sub-capacity licensing for IBM software applications. Sub-capacity licensing means that the license cost is based on the number of processors the software application uses rather than the total number of processors available on the machine. ILMT tracks and reports the usage of each processor core, providing real-time data that helps organizations ensure compliance with their IBM software license agreements.

The challenge with ILMT requires regular maintenance and reporting to ensure it’s up-to-date and accurately reflects the organization’s software usage. This can be time-consuming and resource-intensive, particularly for organizations with large and complex software environments.

However, not having ILMT in place can result in significant compliance risks and costs. Organizations can violate their IBM software license agreements without accurate data on software usage, resulting in costly fines, penalties, and legal fees. Additionally, organizations may be paying for unnecessary software licenses, wasting resources and unnecessary expenses.

Comprehensive SAM Practice Must Include ILMT

 

Implementing a comprehensive SAM practice that includes ILMT is critical for organizations that want to ensure compliance with their IBM software license agreements. A well-structured SAM practice can help organizations avoid compliance risks and unnecessary expenses, improve their software asset management efficiency, and fully comply with license agreements.

SAM will also assist in making informed decisions about software licensing. It’s essential to be familiar with IBM’s various licensing models, each with its benefits and drawbacks. For instance, the Authorized User model provides access to specific users, while the Concurrent User model limits the number of users who can use the software simultaneously. On the other hand, the Processor Value Unit (PVU) model is based on the processing power of the cores, while the Resource Value Unit (RVU) model measures resources such as CPUs, memory, and storage.

Choose the Right License Metric for Your Organization

 

Choosing the right license metric for your organization’s needs is crucial to avoid incurring unnecessary costs. Remember that different products may offer different license metrics, so carefully evaluate which best suits your needs. And remember to review your license metric regularly, especially at renewal time, to ensure it meets your requirements. Doing so can optimize your licensing costs and avoid any compliance issues arising from improper licensing.

IBM’s new requirement for regular ELPs ensures that all organizations fully comply with their software license agreements. To meet this requirement, organizations need to have a well-structured SAM practice in place that includes ILMT. Implementing a comprehensive SAM practice can help organizations avoid compliance risks and unnecessary expenses, improve their software asset management efficiency, and fully comply with their software license agreements.

Implement a Comprehensive Software Asset Management Practice

Implementing a comprehensive software asset management practice is crucial to meeting IBM’s new requirement for regular ELPs and ensuring long-term success and cost-efficiency for any organization. 

A well-structured SAM practice with an efficient tool like ILMT can help organizations stay compliant, reduce the risk of audits, and prevent costly penalties. It can also help organizations optimize software usage, reduce unnecessary expenses, and improve overall software asset management efficiency. 

Let Us Help You Prioritize SAM and Demonstrate Compliance with Your License Agreements (IBM)

 

Organizations must prioritize SAM and make it an integral part of their operations to ensure they stay on the right side of licensing agreements with IBM and avoid potential financial and legal consequences. With the right approach and tools, SAM can become a powerful tool that enables organizations to take control of their software assets and achieve long-term success. Need assistance with this? We can help. Click here to learn more.

How IT Departments Can Navigate the Complexities of Windows and SQL Server Licensing

Posted on by Hailey Austin

As technology evolves and organizations become more reliant on it, managing software licenses and deployments has become increasingly complex and critical. Microsoft’s Windows and SQL Server are among the most widely used software platforms, making it essential for IT departments to ensure that they are adequately licensed and optimized. This is where MetrixData 360’s Microsoft True Up Support comes in.

Our Microsoft True Up Support is designed to help IT departments navigate the complexities of Windows and SQL Server licensing and optimize their deployments for maximum efficiency and cost savings. With our team of licensing experts and powerful tools, we can help you ensure that you comply with Microsoft’s licensing requirements and take advantage of all the benefits your licenses offer.

One of our clients, a Fortune 500 Customer, saw significant benefits from using our Microsoft True Up Support. The Director of Infrastructure at this organization stated, “MetrixData 360’s Microsoft True Up Support provided us with the expert guidance and tools we needed to optimize our Windows and SQL Server licenses. We reduced our licensing costs by over 30% and ensured that we fully complied with Microsoft’s requirements. The value we received from this service was tremendous, and I highly recommend it to any organization looking to optimize their Microsoft licenses.”

SQL Server Deployments And Additional ToolsSQL Server Deployments And Additional Tools

 

In addition to expert guidance and powerful tools, our Microsoft True Up Support also includes the following:

  • A comprehensive assessment of your current Windows and SQL Server deployments
  • A report outlining any compliance risks or inefficiencies in your current licensing and deployment strategies
  • Recommendations for optimizing your licenses and deployments for cost savings and efficiency
  • Ongoing support to ensure that you are fully up-to-date with the latest licensing requirements and best practices

We understand the importance of accessing reliable and accurate information when managing software licenses. That’s why we are dedicated to providing IT departments with the expert guidance and tools they need to optimize their Microsoft licenses and deployments. Our Microsoft True Up Support is a cost-effective solution that can help you save time, money, and resources while ensuring that your organization fully complies with Microsoft’s licensing requirements.

Customers Reviews On Microsoft Licensing and Microsoft True-Up Support

Customer quote 1: “MetrixData 360’s Microsoft True Up Support was a game-changer for our organization. The team provided a comprehensive assessment of our current licensing and deployment strategies. It recommended several cost-saving measures that we would never have thought of. The tools and support that we received have made it much easier for us to manage our licenses and ensure compliance with Microsoft’s requirements.” – CIO, a large financial services organization.

Customer quote 2: “We have been using MetrixData 360’s Microsoft True Up Support for several years, and it has been an invaluable resource for our IT department. The team’s expertise and attention to detail have allowed us to optimize our Windows and SQL Server licenses and reduce our costs significantly. We highly recommend this service to any organization looking to manage their Microsoft licenses effectively.” – IT Manager, a large healthcare organization.

At MetrixData 360, we aim to help organizations like yours achieve the greatest value from their Microsoft office licenses. Our Microsoft True Up Support provides you with the expert guidance, tools, and support you need to optimize your deployments and ensure that you fully comply with Microsoft’s licensing requirements.

If you’re interested in learning more about how our Microsoft True Up Support can help your IT department, we would be happy to arrange a consultation with one of our experts. Please don’t hesitate to contact us at MetricData 360 to schedule a time that is convenient for you. Alternatively, you can also answer the questionnaire.

SLIM 360: The Only Tool You Need to Control Licensing Costs

Posted on by Hailey Austin

Harness the Data You Need to Optimize Your Software Licensing

MetrixData 360 and SLIM 360, as software licensing management tools, provide the data you need to optimize your software licensing, reduce costs, and ensure compliance. With comprehensive and customized reporting, you can gain visibility into utilizing all your software assets and make informed decisions about the software you acquire.

 

The software industry is making incredible strides at all ends of the spectrum, bringing new challenges that organizations, large and small, must act on to remain competitive. One of the most critical areas executives must monitor license compliance. Ensuring your organization complies with thousands of software titles can become a nightmare. However, there’s finally a solution to this problem: SLIM 360.

Unlock Powerful Insights

SLIM 360: Manage Licensing Costs

MetrixData 360 and SLIM 360 software tools offer potent insights into utilizing your assets, helping you make informed decisions about software acquisition and usage. A comprehensive dashboard and detailed reporting allow you to monitor usage, track compliance easily, and identify cost-reduction opportunities.

Reduce Your Software Costs

Reduce Your Software Costs

With our software procurement solution, you can quickly reduce your software costs by taking advantage of volume discounts and other cost-saving measures. Our software procurement solution makes it easy to stay on top of your software costs and ensures that you always get the best deals on software licenses.

 

Say Goodbye to Manual Software Tracking

Say Goodbye to Manual Software Tracking

Manually tracking software licenses and costs is a time-consuming process that can be difficult to keep up with. With our software procurement solution, you can easily keep track of your software licenses, costs, and contracts in one place. You’ll have access to real-time data on your software usage and can make informed decisions about your IT procurement strategy.

Simplify Your Procurement Process

Our software procurement solution simplifies the procurement process by automating the process of purchasing software licenses. Our intuitive interface makes tracking your software licenses and costs easy and ensures you have the proper licenses for your organization. With our software procurement solution, you can rest assured that you’re always up-to-date with your software licensing agreement and costs.

Optimize Your Software Licenses

Software licenses can be complicated and expensive. Mike Austin, an experienced director who knows the challenges of managing software licenses and costs, decided there was a need for a software licensing management tool that users needed to provide the data needed to optimize their software licensing agreement and reduce cost.

 

With Mike Austin’s help, you can ensure you get the most out of your licenses. Mike will review your current licenses, identify opportunities for savings, and help you get the best deals for your next software purchase.

 

It’s no news that there are many ways to save money on your software licensing. But how do you know which one will be best for you? Are they worth the investment? What if you invest, but it never pays off? These are all questions that software buyers may have in mind, and SLIM 360 aims to provide insight into the answers.

 

Get a Health Check Today!  

 

Want to understand your software costs? The ability to document past decisions, current status, and future projections means that you’ll have a much more effective discussion with your team members to look at your options and make an informed decision. 

 

So, book a call here: Office 365 Savings Blueprint Meeting

Four Secrets of A Champion CIO

Posted on by Hailey Austin

Mastering Software Licensing: Insights from Champion CIOs

As a Chief Information Officer (CIO), one of your primary responsibilities is managing and optimizing your organization’s technology. To correctly manage technology includes ensuring you have the correct software licenses to support your business needs while controlling costs. This blog post will examine chief information officer roles, responsibilities, and secrets of champion CIOs who have excelled at software licensing and cost optimization.

Mastering Software Licensing

The first step in optimizing your software licensing costs is clearly understanding your business needs. To know what you need, you must identify the specific software applications and tools required to support your operations and the number of users needing access to these applications. It’s essential to take the time to carefully assess your needs, as having too few licenses can result in productivity bottlenecks while having too many can lead to unnecessary costs.

  • Negotiate favourable terms

Once you clearly understand your software needs, it’s time to start negotiating with vendors. Champion CIOs are skilled at negotiating favourable terms with software vendors, including discounts on licensing fees and additional features or services at no extra cost. The role of a CIO here is to be upfront about your budget and willing to walk away if the vendor is unwilling to meet your needs.

 

  • Leverage volume licensing agreementsLeverage volume licensing agreements

Volume licensing agreements allow organizations to purchase many licenses at a discounted price. These agreements are typically available for popular software applications such as Microsoft Office and Adobe Creative Suite and can result in significant cost savings for organizations with many users. Champion chief information officers are adept at leveraging volume licensing (and combing with point 2 – negotiate favourable terms) agreements to get the best deal for their organization.

  • Monitor and review your licenses.

It’s essential to regularly review your software licensing agreements to ensure that you are still meeting your organization’s needs. A best practice is tracking the number of licenses you have in use and identifying areas where you may be over-licensed or under-licensed. The role of a CIO here is to be proactive in monitoring and reviewing their licenses and quickly make changes as needed to optimize costs.

In conclusion, optimizing your software licensing costs requires a combination of careful planning, strong negotiation skills, and ongoing review. By following the secrets of these champion CIOs, you can ensure that you have the correct software licenses to support your business needs while keeping costs under control. So, these are the secrets of four champion CIOs that will help optimize the cost of software licensing in your organization.

Bonus: Leverage data to your advantageBonus: Leverage data to your advantage

In today’s digital age, data is “the new oil” – a valuable resource that helps drive growth and innovation. A champion CIO method here seeks to understand the value of data and use it to advantage regarding software licensing and cost optimization. By collecting and analyzing software deployment and usage metrics data, CIOs can better understand how their software is used and identify areas where they can save costs.

For example, by tracking the number of active users for a particular software application, a CIO may discover they have more licenses than they need. They then use this data to negotiate a reduction in licensing fees with the vendor. Additionally, by analyzing data on software usage patterns, CIOs can identify underutilized applications and decide to discontinue them, reducing costs and simplifying the software environment.

In today’s fast-paced, data-driven world, having access to accurate and actionable data is essential for effective software licensing and cost optimization. A champion chief information officer understands the importance of data and uses it to gain insights that drive better decision-making and cost savings. Collecting, analyzing, and leveraging data can earn a competitive advantage and stay ahead of the curve in software licensing and cost optimization.

In summary, you can optimize software licensing costs in your organization by understanding your needs, negotiating favourable terms, leveraging volume licensing agreements, monitoring and reviewing your licenses, and leveraging data to your advantage. In today’s fast-paced and data-driven world, data is the new oil, and having access to accurate and actionable data is essential for effective software licensing and cost optimization. Using your own data around deployment and software usage metrics will give you the most leverage possible for cost optimization.

For more information on how our services at MetrixData 360 can meet the needs of your technology and financial departments, contact us today. Let’s work with you and your chief information officer’s roles and responsibilities to manage and optimize your organization’s technology.

 

How IT Departments Can Navigate the Complexities of Windows and SQL Server Licensing with Microsoft True Up Support

Posted on by Hailey Austin

As technology continues to evolve and organizations become more reliant on it, managing software licenses and deployments has become increasingly complex and critical. Microsoft’s Windows and SQL Server are among the most widely used software platforms, making it essential for IT departments to ensure that they are adequately licensed and optimized. This is where MetrixData 360’s Microsoft True Up Support comes in.

Our Microsoft True Up Support is designed to help IT departments navigate the complexities of Windows and SQL Server licensing and optimize their deployments for maximum efficiency and cost savings. With our team of licensing experts and powerful tools, we can help you ensure that you comply with Microsoft’s licensing requirements and take advantage of all the benefits your licenses offer.

One of our clients, a Fortune 500 Customer, saw significant benefits from using our Microsoft True Up Support. The Director of Infrastructure at this organization stated, “MetrixData 360’s Microsoft True Up Support provided us with the expert guidance and tools we needed to optimize our Windows and SQL Server licenses. We reduced our licensing costs by over 30% and ensured that we fully complied with Microsoft’s requirements. The value we received from this service was tremendous, and I highly recommend it to any organization looking to optimize their Microsoft licenses.”

 

SQL Server Deployments and Additional Tools

In addition to expert guidance and powerful tools, our Microsoft True Up Support also includes:

  • A comprehensive assessment of your current Windows and SQL Server deployments
  • A report outlining any compliance risks or inefficiencies in your current licensing and deployment strategies
  • Recommendations for optimizing your licenses and deployments for cost savings and efficiency
  • Ongoing support to ensure that you are fully up-to-date with the latest licensing requirements and best practices

We understand the importance of accessing reliable and accurate information when managing software licenses. That’s why we are dedicated to providing IT departments with the expert guidance and tools they need to optimize their Microsoft licenses and deployments. Our Microsoft True Up Support is a cost-effective solution that can help you save time, money, and resources while ensuring that your organization fully complies with Microsoft’s licensing requirements.

Customers Reviews On Microsoft Licensing and True-Up Support:

“MetrixData 360’s Microsoft True Up Support was a game-changer for our organization. The team provided a comprehensive assessment of our current licensing and deployment strategies. It recommended several cost-saving measures that we would never have thought of. The tools and support that we received have made it much easier for us to manage our licenses and ensure compliance with Microsoft’s requirements.” – CIO, a large financial services organization.

“We have been using MetrixData 360’s Microsoft True Up Support for several years, and it has been an invaluable resource for our IT department. The team’s expertise and attention to detail have allowed us to optimize our Windows and SQL Server licenses and reduce our costs significantly. We highly recommend this service to any organization looking to manage their Microsoft licenses effectively.” – IT Manager, a large healthcare organization.

At MetrixData 360, we aim to help organizations like yours achieve the greatest value from their Microsoft Office licenses. Our Microsoft True Up Support provides expert guidance, tools, and support to optimize your deployments and fully comply with Microsoft’s licensing requirements.

To explore how our Microsoft True Up Support can help your IT department, we would happily book a virtual consultation with one of our experts.

How to Simplify your Microsoft 365 License Management

Posted on by Hailey Austin

Keeping up with the ever-changing technology landscape can be a challenge. The rise of cloud computing has made it easier for businesses to quickly adopt new software, but now staying on top of license management is more important than ever. Microsoft 365 is a staple in many organizations, and understanding how to optimize licenses can save your business money and time. 

 

Managing office licenses for large-scale enterprise environments is no easy task. With a growing number of users, organizations are increasingly looking for ways to simplify their license management and optimize their use of cloud software. This blog will discuss some simple ways to simplify your Microsoft 365 license management and improve its risk mitigation. 

Optimizing Licenses Across Large Environments

 

It’s easy for a business to become over-dependent on the convenience of Microsoft 365. Save yourself costly mistakes by only buying the necessary licenses that your employees need. According to SaaS purchasing platform Vertice, businesses overpay for collaboration solutions by 20% to 30% on average. Organizations are wasting significant money per month due to the excess licensing of Microsoft 365. 

 

Hence, the first step in simplifying your Microsoft 365 license management is understanding how to optimize licenses across large environments. Identifying which users need which type of license can help you ensure that you are not overbuying licenses. It’s important to have a clear picture of who needs which type of license in order to maximize cost savings and efficiency. 

 

One way to do this is by leveraging an automated system that can quickly identify unused licenses, so they can be removed or reassigned as needed. This will help you avoid the costly mistake of paying for unneeded licenses and will also reduce the amount of time spent manually managing them. Automation is key when it comes to optimizing large environments where multiple users may need access to different types of software or services. 

 

Improving Risk Mitigation

 

Staying compliant with Microsoft 365 business standard activation and Microsoft 365’s licensure rules is key to avoiding potential penalties or fines and managing Microsoft licenses. Failing to do so can put your business at risk of hefty fines and disrupt operations that could have easily been avoided with the proper understanding of compliance laws.

 

A recent Flexera report shows that nearly 24% of respondents paid more than $1 million as a result of violations. Without a clear sense of Microsoft licensing explanation and understanding, you may find yourself or your company in hot water over an issue that could have been easily circumvented by procuring enough licenses to cover the Microsoft 365 number of users and features being utilized. Additionally, being aware of any and all changes in licensing regulations should also be taken seriously, as even small alterations can generate serious outcomes when disregarded.

 

A good office 365 device license management system should provide detailed tracking information about who has access to what, so you can identify any potential issues quickly and easily address them before they become a problem

SLIM360 as a Solution 

SLIM360 is an innovative online platform designed to streamline the process of managing Microsoft 365 licenses across large-scale enterprise environments. It applies to any type of agreement, including pay-as-you-go, term, subscription, and perpetual implementations. The solution quickly scans your computers for installed software and compares the identified instances to your current licenses purchased, which identifies both over-licensed and under-licensed usage. 

 

The tool also provides an estimated cost for any unused or expired licenses, along with a risk analysis that measures the potential benefit these licenses may offer in improved security. Moreover, SLIM360 provides actionable insights through predictive analytics to gain a proactive advantage in managing and avoiding unexpected costs due to using more licenses than necessary. 

 

In summary, SLIM360 is designed to compare your usage to the available licensing tiers and highlight where your employees are over-licensed so you can save money and identify any areas that you may be potentially under-licensed, ensuring you stay compliant without exposing yourself to risk caused by under-licensed employee usage.

Conclusion

Microsoft 365 licensing is an essential part of any organization’s IT infrastructure, but it’s easy for things to get out of control if not managed properly. Thankfully, there are some simple steps you can take that will help streamline your Microsoft 365 license management process while still ensuring that all users have the appropriate level of access they need. By leveraging automation tools and improving risk mitigation, you’ll be well on your way toward having an effective, efficient system in place for managing your licenses across large environments more effectively than ever before.

 

Without a software asset management tool, your company might be overspending on Microsoft software. In order to ensure that you have the right data and insights at the tip of your fingers, Metrix360 offers SLIM360, allowing you to streamline all the necessary information for your software assets. So contact us today or visit our website for more details.   

The 7 Best Software Asset Management Tools of 2023

Posted on by Hailey Austin

As technology continues to evolve, it has become increasingly important for businesses to have the proper tools on hand to manage their software inventory. Software asset management (SAM) tools are designed to help companies keep track of licenses and usage, as well as other critical information related to software assets. From advanced security measures to automated systems that can improve communication between teams and stakeholders, novel tools offer an unprecedented level of efficiency and reliability that significantly increase a company’s overall productivity. 

 

With powerful SAM tools in play, organizations will be better equipped than ever before to take full advantage of their investments in technology.  In this blog, we’ll be taking a closer look at the seven best free IT asset management software or SAM tools of 2023 that are revolutionizing the way businesses stay organized. 

Software Asset Management (SAM) Tools Explained

 

SAM (Software Asset Management) tools are invaluable in an IT setting, as they help businesses to better monitor and manage their software assets. They provide a range of features that can be customized to fit any need and help to save time, money, and resources. SAM tools allow for account monitoring and management, license compliance checking, usage reports, inventory tracking, software installation tracking, asset reporting, and more. 

The Benefits of SAM Tools

Software Asset Management (SAM) tools offer tremendous benefits for any organization wishing to maximize their investments and ensure their long-term success. SAM tools allow for cost optimization by providing visibility into the total cost of ownership for a piece of software, so organizations can make smarter choices about which software products to acquire. They also enable seamless license management, giving organizations control over licensing for multiple products in one place.

 

Additionally, SAM tools improve life cycle management, providing metrics around renewal and usage costs that empower organizations to reduce risk during the software purchase decision-making process. Finally, SAM tools streamline risk mitigation by ensuring that the software installed within an environment is done so legally and securely, making it easier than ever before to worry less about any potential non-compliance issues.

Today’s 7 Best Tools for SAM

 

For businesses of any size, the right Software and IT asset management software can be a game-changer. Here we explore seven industry-leading solutions, both cloud, and on-premise systems, to help you find the best fit for your needs.

 

1. AWS License Manager

 

One of the best asset-tracking apps, AWS License Manager, is a cloud-based solution from Amazon Web Services (AWS) that allows businesses to easily manage their license compliance and usage across multiple cloud environments and accounts. This tool allows users to track licenses from multiple vendors, as well as check for violations and enforce policies. It also features advanced reporting capabilities that provide insights into license consumption, usage trends, and cost optimization opportunities. 

 

2. Microsoft Volume Licensing

 

Microsoft’s Volume Licensing program enables businesses to purchase large volumes of licenses at discounted prices with flexible payment terms and access to special benefits such as extended support and upgrade rights. This tool is ideal for companies who need to quickly deploy large amounts of Microsoft software across multiple devices or accounts. 

 

3. ServiceNow Software Asset Management

 

ServiceNow offers a comprehensive set of software asset management tools designed to help organizations get the most out of their IT investments by optimizing license spend and minimizing the risk associated with non-compliance issues. This platform features automated workflows, powerful analytics dashboards, detailed reports on utilization trends, built-in security controls, and more – all designed to improve visibility into your IT environment while driving cost savings. 

 

4. FlexNet Manager

 

FlexNet Manager is a comprehensive suite of digital asset management solutions specifically for medium and large enterprises that need a powerful but easy-to-use system that can handle complex licensing requirements across multiple vendor products and locations around the world. The platform offers integrated automation capabilities, enhanced control over license utilization data, cost savings opportunities through policy enforcement, and more to keep your organization compliant while helping you maximize ROI on IT investments over time. 

 

5. Zluri

 

Zluri is an AI-driven software asset management platform that helps organizations optimize their budgets by predicting future license needs based on historical usage patterns as well as current industry trends in pricing. This enables users to make smarter decisions about how they spend money when it comes to software procurement.  Additionally, Zluri offers detailed analytics dashboards that provide real-time insight into your IT environment so you can make informed decisions about where best to apply budget dollars going forward without sacrificing quality or compliance standards in the process.

 

6. USU Software Asset Management

 

USU Software Asset Management (USU SAM) is an enterprise-grade solution mainly for global organizations that need advanced asset tracking capabilities tailored to meet their specific industry requirements while still offering robust automation options in order to ensure accurate compliance with internal policies as well as external regulations like GDPR or HIPAA. USU SAM leverages big data analytics along with predictive models powered by AI/ML algorithms in order to help you get the most out of your IT investments while keeping costs under control.

 

7. SLIM 360

   

The cost of over-licensing personnel can cost organizations millions of dollars every month in lost revenue. For this reason, SLIM 360 is built to evaluate your utilization of the accessible licensing levels and illustrate any areas where your staff members are over-licensed and how much it is probably going to cost you.

 

SLIM360 organizes your licensing in a form that is both simple to grasp and thorough, creating a condensed and contemporary method for managing software assets. This method makes licensing rationalization more approachable so that you may plan your software budget wisely. You can quickly, affordably restructure your licensing by seeing how many issued licenses are truly being utilized using SLIM 360.

 

Conclusion

 

With so many different software asset management solutions, such as Zoho asset management, available today, it can be difficult knowing which one will work best for your organization’s particular needs. By examining the advantages of each option outlined above, it should become easier to narrow down those choices until you find the one that fits perfectly within your infrastructure budget. Take some time researching each one carefully before making any decisions, as it could save you from costly mistakes down the road. That being said, there’s no denying that the right SAM tool can help simplify managing your digital assets no matter what size of business you’re running.

 

Finding the right software asset management tools can be a hassle. In order to ensure that you have the right data and insights at the tip of your fingers, Metrix360 offers SLIM360, allowing you to streamline all the necessary information for your software assets. So contact us today or visit our website for more details.   

5 Tips for Controlling your Microsoft 365 Budget

Posted on by Hailey Austin

5 Tips for Controlling your Microsoft 365 Budget

5 Tips for Controlling your Microsoft 365 Budget

Microsoft 365 is a powerful cloud-based platform that provides businesses with various services, including applications, storage, and communications. Investing in Microsoft 365 can be extremely rewarding for businesses, giving them access to powerful tools and programs. However, costs can quickly add up if you are not careful. With this in mind, it’s important to ensure that your precious resources are being used effectively by controlling your Microsoft 365 budget.  In this blog post, we’ll discuss why it is essential to manage the Microsoft budget in 2022 and provide five tips for managing your Microsoft 365 budget to get the most value from it. 

Cloud Spend Costs with Microsoft 365

Cloud Spend Costs with Microsoft 365

Regarding cloud spending costs with Microsoft 365, it is extremely important to have a thorough understanding of all the associated with the Microsoft 365 budget. Without knowledge and oversight, businesses can easily find themselves facing unexpected spending spikes and surging costs due to inefficient or redundant use of cloud resources and consumption. 

 

Microsoft 365’s expansive offering of programs means that it can be easy to unwittingly rack up costs with disorganized budgeting and suboptimal planning. But thankfully, the right Microsoft budgeting app, approaches, and cost-management strategies can help ensure that organizations avoid runaway spending. Investing in cost management tools and having proper visibility into where their money is going are key strategies for reducing cloud spending costs with Microsoft 365. 

5 ways to Control Your Microsoft 365 Budget

5 ways to Control Your Microsoft 365 Budget

To avoid cloud spend costs sneaking up on you, staying informed about Microsoft 365 is essential. Staying within the budget template while taking advantage of Microsoft 365’s capabilities can be a tricky balancing act. To help, here are five strategies that organizations can use to get the most out of their Microsoft 365 investment without overspending. From optimizing license usage to researching subscription deals, these tactics will ensure your organization stays on track with its financial goals.

 

1. Utilize Discounts and Subscriptions 

 

One of the best ways to save money on your Microsoft 365 budget is to take advantage of discounts and subscriptions. Microsoft often has exclusive promotions or corporate discounts that you can leverage to get even more savings. The most popular discount program currently is the Workplace Discount Program (which allows businesses to give employees discounts on personal projects). Additionally, subscription-based plans can help you save money, as their TEI Study mentions that businesses are able to save up to 29$ per employee on technology costs in the long run since they come with a reduced fee over time. Taking the time to explore all the discounts and subscriptions available from Microsoft can pay off when it comes to reducing your budget and ensuring you get the subscription you need at a much lower cost.

 

2. Analyze Usage Reports 

 

Many businesses don’t realize how much they’re spending on their Microsoft 365 service until they look at Microsoft usage reports. These reports provide detailed information about what features are being used and how much each feature is costing you over time. You can obtain a pre-built dashboard with a cross-product overview of the preceding twelve months and a variety of pre-built statistics through Microsoft 365 usage statistics. You receive unique usage insights for each analysis. User-specific data is accessible for the previous full month of the calendar as well. By analyzing these reports, you can identify areas where you may be spending too much money or where there may be room for cost savings. 

 

3. Understand Licensing Requirements 

 

Understanding your licensing requirements is key when it comes to controlling your costs with Microsoft 365. Different licenses come with different price tags depending on what features you need, so it’s important to take the time to understand what licenses exactly will meet your needs without breaking the bank. 

 

4. Consider Third Party Solutions

 

There are plenty of third-party solutions available that can help reduce your costs with Microsoft 365 while still providing all the features you need to get work done efficiently. Researching these solutions before making any purchase decisions can help ensure that you’re getting the right product at the right price point without sacrificing quality or functionality. 

 

5. Optimize Your Storage

 

The last tip for controlling your costs with Microsoft 365 is optimizing your storage space usage. Many organizations find themselves paying more than necessary for storage space due to excess files or unnecessary backups taking up space on their servers. Taking steps such as regularly deleting old files or archiving older documents can free up valuable storage space and reduce your overall costs with Microsoft 365 significantly over time. 

 

There are four ways to optimize storage by 80%.

 

  • Cutting redundant, obsolete, and trivial information by evaluation through SharePoint Migration Assessment Tool.
  • Automating lifecycle management.
  • Adopting a defensible destruction approach (DDA).
  • Backing up content to remove inactive accounts.

 

SLIM360 as a Solution

For large-scale organizations, expensive over-licensing of employees can cause considerable losses each month. Recognizing this challenge, SLIM 360 provides an effective solution: by comparing current usage to available licensing tiers and highlighting any discrepancies that may result in wasted costs. This streamlined system offers modern organization for Software Asset Management which simplifies the process towards license optimization, so you’re able to accurately establish a budget planner for your business accordingly.

 

Furthermore, by carefully monitoring your agreements with its integrated AI engine, SLIM 360 prevents you from wasting valuable time finding, synthesizing, and analyzing gigabytes of licensing worksheets. By doing so, SLIM 360 will demonstrate and give you the following:

 

  • Notifications on possible cost reductions for purchases in Azure and Office 365.
  • Advise regarding Azure
  • Security alerts across Office 365 and Azure.
  • Automated subscription renewals

 

This will enable you to concentrate completely on license handling in your company.

 

Conclusion

Microsoft 365 provides businesses with an incredibly powerful platform that offers a wide array of features and functionality at a competitive price point, but that doesn’t mean there isn’t room for improvement when it comes to managing costs associated with this service. By utilizing discounts and subscriptions, analyzing usage reports, understanding licensing requirements, considering third-party solutions, and optimizing storage space usage, you can maximize efficiency while minimizing expenses related to using this powerful cloud platform. Being mindful of spending and taking the time to plan ahead will put you on track for financial success.

 

To learn more about SLIM360 and how it can assist you in managing your Microsoft 365 budget. 

5 Hidden Azure Cost Optimizations: How to Save on Azure

Posted on by Hailey Austin

The more resources you spend on your business, the better it gets. With Azure’s increased variety and efficiency boosters like machine learning tools for data analysis or IoT connectivity options, there are no limits to what can be achieved. But be aware, Azure cost management can also be very challenging. 

 

Understanding where your company’s money is coming from might be complex, given that firms frequently own dozens of Azure-related services for which they must make monthly payments. Shifting more assets to the cloud and cloud expenses also comprise a sizable portion of IT expenditures. 

 

So, do you want to know how to reduce IT budgets?

 

There are various Azure cost optimization secrets that can assist you in visualizing and controlling costs. You can use these to cut down on waste and maximize already-existing resources.

 

Here are some insights on practices and tools that can assist you in optimizing your Azure costs. 

1. Efficient Use of VMs

Azure provides a diverse range of virtual machines (VMs) with various hardware and functionality options. To determine which offers maximum throughput or efficiency while being cost-efficient, experiment with different VMs for the same job. You can auto-scale to adopt the number of VMs for actual workloads and continue with the VMs that perform best. 

 

Keep in mind that 100% utilization of all VMs will result in the lowest cost. By utilizing Azure Monitor to analyze your metrics alongside techniques, such as auto-scaling, to update the number of machines based on utilization, aim to reach as close to this target as possible.

 

2. Utilizing B-series VMs

Another way to ensure Azure cost optimization is through B-series VMs. The B-Series virtual machines provided by Azure are intended for programs that are normally inactive but occasionally see spikes in consumption. If the job is manageable, you can earn credits with low levels of computational resources. The CPU power is increased with abrupt spikes in consumption, and you can use the credits to cover the cost of capacity addition. The machine returns to its default CPU power when credits have been used up. 

 

B-Series VMs offer reductions from 15-55% compared to other VMs. Determine which tasks must be available but only seldom require high throughput or performance, and migrate them to B-Series virtual machines.

 

 

3. Shifting Workloads to Containers

Containers weigh less compared to VMs. You can run up to hundreds of containers on a single host machine, with each running a different containerized program. By repackaging your programs as containers, you can significantly lower VM utilization and your expenditures. Consider moving workloads to a container service like Azure Kubernetes Service from conventional Azure VMs (AKS). 

4. Using Storage Tiering

Most continuing costs for Azure setups are often related to memory. With decreasing costs per each storage tier of Azure Blob Storage, several redundancy choices are also available (less redundancy means less storage cost). Consider researching Azure storage pricing to find out how much each storage service costs. 

 

Shifting less critical or infrequently accessed data to a cheaper tier or a lower redundancy option will help you save money. You can further build tiering storage management into your software to ensure that data is routinely migrated to a lower-cost tier when it is no longer required.

5. Utilizing Cost Optimization Tools

The Azure consumption tools, such as SLIM 360 for Azure, are highly beneficial if you are interested in controlling your budget reports and improving Azure cost optimization. SLIM 360 is one of these tools and is solely designed to uncover your potential for cost savings, helping you carefully examine your data to identify superfluous expenses so they can be reinvested into your business.

 

Working with the information generated by the Azure portal can be challenging. The overwhelming volume of data that Azure customers receive frequently leaves them unable to make sense of it. Solutions like SLIM 360 Azure Reporting streamline and simplify the process of analyzing results by compiling them into plain-language graphs and charts, enabling greater use of your Azure Portal invoices.

 

MetrixData 360: Here to Help

 

If you attempt to break down your costs using the receipts in your Azure portal, you will probably be met with a headache from complex data spreadsheets. However, MetrixData 360’s Azure Usage Tool is specially designed to comprehend Azure’s detailed pricing and simplify it into information that is easy to understand and use. Our tool categorizes your current Azure charges for storage, VMs, SQL databases, and more. The total cost for each category is then shown, along with the list price and any discounts used. 

If you’re looking for how to reduce IT budgets, visit our website to book a demo to see how much you can save.

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