IT Software Audits to Increase in 2007, According to New Survey

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According to the 2007 IT Trends Survey, more companies expect an increase in audit activity this year. Published by Eracent, Inc., a leading IT and business solutions provider, the survey evaluated buying decisions as influenced by financial factors and IT cost saving initiatives. Software license compliance and software standards compliance were among the top five funded IT initiatives reported by the IT professionals who participated in the survey.

According to the 2007 IT Trends Survey, more companies expect an increase in audit activity this year. Published by Eracent, Inc., a leading IT and business solutions provider, the survey evaluated buying decisions as influenced by financial factors and IT cost saving initiatives.

"Technology changes swiftly and with it the challenges that IT professionals face," said Walter Szablowski, president. "An increase in audit frequency is very understandable; the true test is ensuring that your company has the right audit and software reconciliation solution to address these changing technology needs."

Survey Results

More than 61% of the respondents answered that they expect an increase in audit activity, which the respondents further supported with 78% anticipating the purchase or use of a software license reconciliation solution. The timing of these responses correlates to the ongoing audit activities by suppliers such as Adobe and Microsoft.

Software license compliance (68% of respondents) and software standards compliance (62% of respondents) were among the top five funded IT initiatives reported in the survey. The overall results of the survey indicate that IT decisions are widely driven by return on investment, potential savings and risk abatement. The adoption of software purchase planning and automation for compliance are excellent examples of business initiatives that will fulfill financial goals.

Building in-house software management for compliance and business management activities is the best insurance against inflationary spending on software that may or may not be actually needed by the organization. "The cost of a compliance program is typically far less expensive than the penalties associated with a failed software audit, so it isn't hard to justify automation for software management," stated Szablowski.

Survey Source

More than 3,000 IT professionals from a broad array of companies and organizations were surveyed in February 2007 and asked about their IT initiatives, enterprise software platforms, IT asset management activities and where they go for industry information.

To download a complimentary copy of the survey analysis and related whitepapers go to http://www.eracent.com.

About Eracent
Eracent, Inc. is a global provider of IT asset management solutions for organizations who require accuracy and accountability for their asset inventory while maximizing their IT investment. Eracent offers a full suite of IT asset management solutions that solve tactical and strategic business goals with technology that is easy to use and designed for today's multi-platform complex environments. Eracent's ease of implementation includes compatibility with most popular enterprise software applications and has been used to enhance the value of such widely used solutions as Microsoft® SMS™. To learn more about Eracent, visit http://www.eracent.com.

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Peter Setaro
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