Password management (PM) tools are products that provide users with the means to reset their own passwords after an account lockout or when they forget their passwords. PM tools can also synchronize passwords for users across multiple systems, allowing users to access multiple applications with the same password.
Software asset management managed services employ the provider’s proprietary SAM skills and methodologies to transform a client’s existing processes and augment their resources. SAM managed services are delivered directly to end-user clients, on either a continuous or a scheduled basis, employing required discipline to meet software and cloud service cost optimization and governance objectives. Applying an ongoing SAM discipline, SAM managed services combine a series of life cycle change management and optimization activities, transforming existing practices to deliver transparency and optimization. SAM managed services establish a platform of trustworthy data, incorporating management of usage rights and optimized utilization transparency, leveraging a mesh of techniques to augment SAM tool functions.
Gartner defines software asset management tools as products that help optimize software and SaaS spend while supporting the automation of tasks required to maintain compliance with software license and SaaS subscription use rights. SAM tools provide in-depth analysis and management of software assets by decoding software license entitlements, automating the collection of software consumption data, establishing vendor-specific effective license positions (ELP), governing software assets, optimizing software value, and sharing information with other tools and stakeholders.