Software Tail Management
When it comes to software spending, most of clients have the top 5-15 vendors identified and can usually maintain and monitor them without much incident. However, what about the rest of your software vendors?
The 70% or so of the other vendors are referred to as a “Software Long Tail” and while they tend to consist of a smaller portion of overall software spend as compared to your top 15 vendors, it is remiss to ignore them as there is often significant room for savings via contract negotiations, adjusting purchasing to usage, etc.
However, managing all these smaller vendors is often challenging given the plethora of metrics, agreements, and purchases that need to be registered and monitored on a regular basis. But with the Software Long Tail Management Service provided by ITAM solutions, you will be able to increase the visibility and control you have over your tail spending and budget. Furthermore, our team of experienced professionals will also help you implement practical business processes to monitor and manage the software long tail regularly with minimum assistance.
This service takes a systematic but pragmatic approach towards managing your “Software Long Tail” by starting with proving clarity on what is mostly unmanaged or unclear within the long tail vendor list. ITAM solutions will gather data on what software is installed, what contracts are in place, the involved costs, and important stakeholders such as finance and IT decision makers. We then provide you an overview of software inventory, responsibilities for each stage of the software lifecycle, and strategies to manage certain vendors and handle software demands within your organization.
Benefits of Software Tail management
Which added value do clients experience?
Clients that make use of our service immediately see a marked reduction in the amount of time usually required to manage their Software Long Tail, and an almost instant return on investment.
A well structured long tail management process ensures that the organization does not have rampant spending on lower cost applications/less known vendors, allowing them to control their software budget. Also, the increased awareness for the clients could also mean that they can further identify software function redundancies within their IT landscape, resulting in further savings via contract termination.
