What is ISO-IEC 19770-3:2014?

ISO-IEC 19770-3:2014 is a technical standard that focuses on software asset management (SAM) processes. SAM refers to the set of policies, procedures, and practices aimed at optimizing the acquisition, deployment, utilization, and disposal of software assets across an organization. In simpler terms, it is about effectively managing software licenses and ensuring compliance.

The Importance of ISO-IEC 19770-3:2014

ISO-IEC 19770-3:2014 plays a crucial role in enabling organizations to have better control over their software assets. By adhering to this standard, companies can ensure efficient use of software licenses, minimize the risk of non-compliance, and optimize software procurement. It also provides a framework for establishing effective SAM policies and processes, leading to improved cost management and decision-making.

Main Components of ISO-IEC 19770-3:2014

The standard consists of several important components. Firstly, it defines key terminologies and concepts related to SAM, providing a common language for professionals in the field. Secondly, it outlines a set of requirements that organizations must meet to implement effective SAM practices. These requirements cover areas such as asset inventory, license entitlements, and software identification.

Additionally, ISO-IEC 19770-3:2014 emphasizes the importance of regular monitoring and measurement of SAM processes. This ensures continuous improvement and helps organizations identify areas for optimization. The standard also addresses topics like software usage tracking, reporting, and audit preparation, which are essential for maintaining compliance with licensing agreements and legal requirements.

Benefits and Adoption of ISO-IEC 19770-3:2014

Implementing ISO-IEC 19770-3:2014 offers several benefits to organizations. It enables better utilization of software assets, reduces the risk of unexpected licensing costs and penalties, and ensures compliance with industry regulations. Adopting this standard can also lead to improved vendor management, cost control, and decision-making based on accurate data.

Many organizations across different industries have embraced ISO-IEC 19770-3:2014 as a best practice for managing software assets. It provides a recognized framework that helps them streamline their SAM processes and achieve greater transparency and efficiency. By adhering to this standard, companies can safeguard against non-compliance risks and optimize the value of their software investments.