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Software asset management tools are specialized software applications designed to help organizations manage and optimize their software assets throughout their lifecycle. Software asset management tools involve the identification, tracking, and managing of software licenses and usage within an organization to ensure compliance with licensing agreements, reduce costs, and minimize legal risks.

Key functions and features of Software Asset Management tools Inventory Management: Software asset management tools maintain an inventory of all software assets deployed within an organization. This includes details such as the number of installations, version numbers, and usage patterns. License Management: Software asset management tools help organizations keep track of their software licenses, ensuring that the number of installed instances does not exceed the number of purchased licenses. This helps organizations avoid legal and financial risks associated with non-compliance. Usage Tracking: Software asset management tools monitor the actual usage of software applications. This

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