Cynthia farren, software asset management expert at cynthia farren consulting explores the skills and qualifications required for an effective software asset manager. Combined with cmms computerized maintenance management software, eam facilitates solutions and transparency across maintenance, operations and capital planning processes. Asset performance management apm is a market of software tools and applications for optimizing operational assets such as plants, equipment and infrastructure essential to. Percentage of software licenses used relative to the total software licenses purchased. This article provides those of you responsible for service asset and configuration management with a suggested set of key performance indicators kpis that you can utilise. Use kpi library to search for key performance indicators by process and industry, ask help or advice, and read articles written by independent experts. Updates in your inbox give us your email and well keep you in the loop. Software asset management sam is a business practice that involves managing and optimizing the purchase, deployment, maintenance, utilization, and disposal of software applications within an organization.
Using the iso 55000 standard for reference, this article outlines how kpis can be effectively deployed so that the asset management organization will not simply be efficient, but also effective for the greater organization. Itil asset management balanced scorecard with ready to use kpis. Now that the role of key performance indicators kpis has been established within the context of iso 55000 and asset management functions, it is important to more comprehensively discuss their tactical design and application. Metrics will often be used as the basis for key performance indicators kpis for teams who have responsibility for managing and influencing those. Maximize roi return on investment on software investments. One of many lessons learned over more than 25 years as an it asset management itam advocate, educator, and consultant is the importance of metrics. Asset performance management apm is a market of software tools and applications for optimizing operational assets such as plants, equipment and infrastructure essential to the operation of an enterprise. Software asset management sam is a combination of automated tools, key process controls and talented individuals. Asset tracking and management can consume a lot of time. Hostedcloud and local installations are possible and the software is certified for high security military environments.
Measuring software asset management and why it matters isg. They facilitate the indepth analysis of software assets by decoding software license entitlements, automating the collection of software consumption data, establishing independent. May 29, 2017 nps is calculated by subtracting the percent of lowsatisfaction customers scored 6 or below from the highsatisfaction customers scored 9 or 10, ignoring neutral scores 7 and 8. Percentage of software products and licenses in actual use by the business. Finding the right kpi dashboard suitable for your company can be a headache, so we did the hard work for you and selected 22 of the best solutions on the market. Erik nyberg information systems director, the guidance center finding a tool that can accommodate 37,000 plus metrics was a challenging task. These kpis will support the asset managements process control framework and periodic quality assessments of asset management processes and data. Balanced scorecard with kpis for asset management firm qualitative ways of judging an organizational movements are a thing of past. Jun 29, 2018 12 key inventory and asset performance metrics. Many bi platforms can help you dig through and analyze millions of points of data. It includes information about the software catalog, part numbers, the status of software assignment confirmation, and completeness of the data that is used for capacity calculation. Panning your aperture to include monitoring and ultimately improving key performance indicators kpis in hardware asset management is an important step that cant be taken too early. While the field of plant asset management has been a field of research for a long time, especially regarding the integration of control. Kpi software helps you hone in on a few priority metrics at a time to avoid analysis paralysis.
Holistic measurement is the need of the hour and in this direction, several methods to evaluate a group have come up time and again. Jan 27, 2017 the previous blog post discussed about the kpi, cost per ticket. Key performance indicators kpis are business metrics used to evaluate factors that are crucial to the success of an organization. Its important to set up initial program achievement factors kpis that measure and recognize the results of your software license management program. This post discusses the eighth and final kpi software asset utilization rate. Nps can be a useful kpi for it service management organizations when taken into account with other critical metrics. But the use of the right metrics and key performance indicators kpis not.
Software asset management discovery software installations 1. Equipment asset management software, asset maintenance software. Ryan started upkeep out of passion and frustration by the lack of mobility in todays maintenance management software. Manage continuous improvement projects and enterprise lean six sigma program with ease.
He is a chemical engineer from uc berkeley and was named one of forbes 30 under 30 for manufacturing in 2018. One way to create visibility for a lean it organization is to create and monitor key performance indicators kpis. Software license optimization is a resource for it asset managers and it procurement to help them better optimize software use, reduce software costs, and ensure license compliance with vendor license agreements. Has unique features that stand out from other kpi dashboard software. The total number of software assets, and those under management, to give. The asset maintenance software enables users to record calibration and maintenance results on the spot, sign off on completed work, and automatically maintain these results as part of each equipment record. Whether youre tracking fixed assets like technology and furniture, or rotational assets such as tools and offsite equipment, you need to know where your assets are so when they are needed you can. Softwarerelated itam measurements to consider could include. Measuring itam success how successful is your it asset. Kpi library is a community for performance management professionals. This document describes the key performance indicators kpis for the asset management. However, management should not feel compelled to create kpis to match those reported by their peers. We carry out an integral outsourcing of your companys asset management based on three axes.
Revealing 5 important property asset management kpis assetti. At we are committed to providing value to the service management marketplace. Balanced scorecard with kpis for asset management firm. Jul 18, 2009 cost of software maintenance programs. Track these software asset management program metrics for. Charters series concentrates on the four asaservice metrics your it team need to consider when reporting on software asset management. Software asset management stakeholders include leaders from procurement, various it departments, finance, and clevel executives.
The software is ideal for rollingout scorecards to employees and gives management a key tool in managing our performance goals. According to the information technology infrastructure library itil, sam is defined as all of the infrastructure and processes. Measuring itam performance and success the key metrics joe. Register now to ensure you are part of the fun, networking and of course, participating in the educational sessions. House of samreifegradmodell fur software asset management mit messbaren key performance indicators kpis. Software licenses are stored under an appropriate model, which can be. Kpi software offers a number of benefits to organizations both large and small. Another important software asset management metric that could incur cost to the organization is the license compliance rate.
How can you measure software license management success. Software asset management sam tools automate many of the tasks required to maintain compliance with software licenses, thereby controlling software spending. Nov 19, 2014 kpi asset management in this ppt file, you can ref materials for kpi asset management such as list of kpis, performance appraisal metrics, job skills, kras, slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Mar 31, 2016 join me for a presentation at landesks interchange16 annual conference, may 2326th, in las vegas, nv at the mirage resort, where i will be presenting on issues related to it and software asset management metrics. Kpis in itil asset management % of software licenses used percentage of software licenses used relative to the total software licenses purchased. It is recommended that it asset managers work with fellow managers and upper management to ensure kpis align with the organizational objectives and overall organizational kpis, if available. The management of it assets whether its hardware, software. View key performance indicators in real time and take action to improve them. Upkeep has now been deployed to over 1,000 businesses and is a leader in mobilefirst maintenance management software.
For more information and advice about how to get the kpi s you really need or to arrange a free live demonstration of our asset management software based on your specific issues. High quality benchmarking leads to a greater understanding of where a company is on the best practices ladder to measure against historical performance, company goals or world class metrics. Consultancy we address your needs for consulting, technology implementation, training and assistance to transform asset management in your company. Itil asset management balanced scorecard with ready to use kpis the concept of itil is rapidly gaining popularity across business veritcals. Monitoring asset management strategy execution with kpis. Dec 14, 2009 sherry is president of technology asset management inc and founder and chair of the canadian it asset management users group citamug. Simplify your fixed asset tracking and management processes with intellitrack assets. How maintenance managers can get the kpis they really need. Itil suggested service asset and configuration management. The software asset management dashboard provides you with a quick overview of the most important information about the software assets in your infrastructure.