Software Asset Management(SAM) is a strategic approach to managing and optimizing application licenses throughout their lifecycle within an organization. The goal of SAM is to ensure that software investments are well-managed, compliant with regulations, and effectively utilized to maximize organizational efficiency and cost-effectiveness.

Hardware Asset Management (HAM) involves the systematic process of tracking, optimizing, and managing an organization's hardware assets. This encompasses a wide range of items, including computers, servers, network devices, and peripherals. HAM ensures that these assets are utilized effectively, maintained properly, and retired at the right time, thus maximizing their value and minimizing associated risks throughout their lifecycle.

• Improved performance: Helps organizations improve their overall performance by ensuring their IT assets are optimized and working efficiently.

• Increased security: Improve an organization’s security by ensuring that all IT assets are properly tracked and managed.

• Reduced costs: Organizations reduce their IT costs by optimizing their IT asset usage and avoiding unnecessary expenditures.

• Asset visibility: Provides organizations with better visibility into their IT assets, enabling them to track and manage them more effectively.
• Analytics: Collecting, analyzing, and interpreting data is essential to gain insights and make informed decisions.