What is EN ISO 19770-4:2014?

EN ISO 19770-4:2014 is a professional technical standard that focuses on software asset management. It provides a framework for managing the effective acquisition, utilization, and disposal of software assets within an organization.

The Purpose of EN ISO 19770-4:2014

The purpose of EN ISO 19770-4:2014 is to establish guidelines and best practices for software asset management processes to help organizations optimize their software resources. It aims to ensure that software is deployed, used, and retired efficiently while minimizing risks and maximizing the return on investment.

Key Components of EN ISO 19770-4:2014

EN ISO 19770-4:2014 covers various aspects of software asset management, including inventory management, compliance verification, entitlement management, and contract management. It emphasizes the importance of maintaining accurate and up-to-date records of software assets, ensuring legal compliance, and effectively managing licenses and contracts with software vendors.

Benefits of Implementing EN ISO 19770-4:2014

Implementing EN ISO 19770-4:2014 can bring several benefits to organizations. Firstly, it helps in reducing costs associated with software assets by providing better control over software procurement, license management, and usage optimization. Secondly, it aids in ensuring compliance with software licensing agreements, minimizing the risk of legal issues and financial penalties. Additionally, it facilitates effective decision-making regarding software investments and enables organizations to optimize their software portfolio based on actual needs and usage patterns.