Date Added: Jun 2010
Globe Capital Market Ltd. is one of the prominent stock broking companies in India. Trading across multiple exchanges in the country, it employs approximately 350 employees. Company lacked IT asset inventory and management program and thus invested undue amount of money in its software assets and licenses. But after an eye-opener audit, it decided to overcome the existing limitations and hence opted for software asset management program. As a result, Globe Capital now experiences total visibility into its IT assets and is assured of compliance with software licensing agreements. Detailed knowledge of different types of licenses such as OEM, Software Assurance or Volume licensing; and reusability not only helped the company to cut costs but also improve organizational efficiencies.