What is software portfolio management and optimization? Livingstone Group on Innovation Martlesham podcast

Livingstone Group’s Nigel Someck (BT Account Director), recently joined Nicky Daniels, Head of Innovation Martlesham on her podcast ‘Nicky In Conversation With…’ to discuss software portfolio management and optimization. On the podcast, you can hear Nicky and Nigel discuss:

  • What is software portfolio management and optimization? – Nigel gives an overview of SAM and ITAM and why it is an essential practice for organizations that want to optimize their cloud and software estates to make sure they are buying what they need at the right price.
     
  • The challenges of managing software licenses – Licensing is a complex process, and in-depth knowledge of different vendors and a lot of Trustworthy Data are required to do it right. For organizations looking to optimize their licensing spend, finding someone with the expertise in the market or with the requisite skillset that covers all vendors is challenging, and getting the data needed to be successful during negotiations requires a lot of foundational work.
     
  • Benefits of third-party managed services – Livingstone’s managed service approach allows organizations to tap into licensing and vendor expertise, as well as data-driven intelligence, when they need it. With the managed service approach, organizations can be proactive in reducing spend and optimizing their estates, so when it comes time for vendor negotiations, there are on the front foot.
     
  • The world of the cloud – Procurement and IT professionals are under increasing pressure to deliver and secure operations in today’s ever-changing digital world and the cloud presents different challenges for software portfolio management and optimization. Indeed, while SaaS model pricing and licensing appear straightforward and allow organizations to be more dynamic, the cloud also presents risks, such as overspending, compliance issues, and more complex vendor negotiations.
     

To hear more from Nigel, you can listen to his full interview here: https://www.innovationmartlesham.com/articles/nicky-in-conversation-nigel-someck-account-director-livingstone-group/

Livingstone joined Innovation Martlesham – a collaborative ecosystem of innovative technology companies, based at BT’s Adastral Park in Suffolk – in 2020. Innovation Martlesham’s roster of technology company spans industry heavyweights, such as BT, Cisco and Nokia, as well as a growing number of rapidly growing start-ups that participate in the organisation’s successful accelerator and incubator programmes. A long-term partner of BT, Livingstone joined the group to forge partnerships with other members, enabling them to take a more strategic approach to the way they manage and optimize their own IT estates and cloud portfolios.

If you would like more information or have any questions on any of the points raised in the interview, contact our team of experts at https://www.livingstone-group.com/about-livingstone-group/contact  or info@livingstone-group.com and we will endeavour to reply to you as quickly as possible.

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