Teacher:Given a text passage, come up with an appropriate title for it. The title should accurately represent what the main focus of the passage is. The title of a passage may be present in the first few sentences of the passage and/or be referred to multiple times in the passage. The title should be 1-5 words long.
Teacher: Now, understand the problem? Solve this instance: 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 . According to the Information Technology Infrastructure Library ( ITIL ) , SAM is defined as '' ... all of the infrastructure and processes necessary for the effective management , control and protection of the software assets ... throughout all stages of their lifecycle . '' Fundamentally intended to be part of an organization 's information technology business strategy , the goals of SAM are to reduce information technology ( IT ) costs and limit business and legal risk related to the ownership and use of software , while maximizing IT responsiveness and end - user productivity . SAM is particularly important for large corporations in regard to redistribution of licenses and managing legal risks associated with software ownership and expiration . SAM technologies track license expiration , thus allowing the company to function ethically and within software compliance regulations . This can be important for both eliminating legal costs associated with license agreement violations and as part of a company 's reputation management strategy . Both are important forms of risk management and are critical for large corporations ' long - term business strategies .
Student:
Software asset management