10 Common Myths Busted For Software Asset Management

Once you invest on an IT asset management software and integrate it with your system, you would naturally want to bring the best out of your it asset inventory software and other tools. However, unless you are an IT expert yourself or are working with one, there is a chance that you might fall victim to some myths and misconceptions. Do worry, it’s only natural for things like these to happen in an industry that is changing everyday, and information can get lost or misinterpreted in transition.

Over the years, some common myths have developed around software asset management that you might have encountered. However, following them might hold back your business productivity, or cause you to make a wrong decision unknowingly. To be on the safe side, it is always a good idea to get your misconceptions cleared out. To know more about the 10 most common myths, check out the following article by the Joe the IT Guy who shares some of his experience in his years of working with IT:

Mythbusters from Software Asset Management

In this blog, I take a look at observations that I have encountered over the last 2-3 years about Software Asset Management (SAM); ten bubbles that need bursting! These are not in order, but rather written down as they popped into my lil ol’ head.


  • I have a software contract, therefore I’m automatically license compliant”. No you are not! To be license compliant you have to account for the purchases made under that contract; and if a vendor audit is called, you might also be asked to account for those installations, which might have crept onto your network that were not made under the aforementioned contract.
  • “I practice ITIL, so I don’t need SAM.” Oh yes you do! As a minimum, if you can find a license compliance process in your ITIL best practice adoption, then please get in touch and I will eat my own hat (not that I wear a hat, so I’ll eat someone else’s hat).
  • “A license compliance process differs from a software audit defense process.” Nope! The reports produced should be the same; the only difference might be the scope of the report and who they are presented to.
  • “I can manage Microsoft, so I can easily manage other software vendors”. In the same way that if you can speak Russian, Mandarin is but a hop away (good luck on your visit to China)! Certain license types will offer parallels, but software vendors will interpret generic terms such as “development”, “high availability,” and “failover” in very different ways.
  • “I don’t need a SAM tool if I have an IT service management (ITSM) tool.” Au Contraire! A SAM suite contains a reconciliation engine that can make use of upgrade rights and downgrade rights – not something that a simple comparison of “one license equals one install” is capable of accounting for.
  • “SAM is a process.” In the same way that ITSM is a process – SAM seeks to address the lifecycle of software through an organization, therefore numerous processes are required to handle each and every stage of that lifecycle (that’s not to say you cannot integrate ITSM and SAM-based processes).


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Now that we got those bits sorted out, you probably came across some issues that you yourself considered to be true. Nonetheless, with this mythbuster guide, you are more aware of your software asset management systems, and take well-informed decisions in the future that are not clouded by myths. To help you out further, check out these slides that provides a very helpful buyers guide to inventory and asset management software:


Considerations for Asset and Inventory Management Software