Software asset management tech saves hedge fund £2.3m
Man Investments has saved more than £2.3m some two years after deploying Snow’s SAM software to automate software licensing audits.
Man Investments is one of the world’s largest independent alternative asset managers, with assets of over $55 billion (£34 billion).
With over 2,500 physical and virtual Windows and Linux servers, 2.500 physical and virtual laptops and over 1,500 different software applications from Oracle to the finance industry specific Linedata, Man Investments’ IT team was inundated with audit requests.
It needed to automate the compliance process and take the opportunity to reduce IT costs; with greater visibility IT could renegotiate license renewals and ensure that they were not buying more than necessary.
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