Software Asset Management

IT Glossary

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Decoding IT: Key Terms Explained | SoftwareDekho Glossary

Software Asset Management (SAM) therefore refers to the process of identifying all the software and licenses that are in an organization and the way they are utilized. SAM is activities related to the inventory of software, license management and rationalization of software expenditure. Global organizations in practice can successfully minimize legal and financial threats, cut most of their costs, and enhance the efficient use of software through proper SAM implementations. 

Software Asset Management (SAM) is defined as the process of monitoring and controlling an organization’s software assets as well as usage rights. It involves checking compliance with licensing agreements and managing software investments for better efficiency.

Definition of Software Asset Management - IT Glossary | SoftwareDekho

Internet Speed Test

An internet speed test provides details on the upload and download rates of your internet connection. This simple tool can help you find out whether or not your provider is delivering the speeds they claim to provide, as well as spot potential network issues.

Base Transceiver Station

One of the key elements in a cellular network is the base transceiver station (BTS). It serves to connect mobile devices with the rest of the telecommunications network, allowing for sending and receiving radio signals. BTSs are there to give coverage in specific areas and non-interruption communication for mobile users.

Download

A Download is transferring data from a remote server on the internet to another device or system for archiving, saving, or editing. Usually, this means getting on the Internet and downloading some files or retrieving some resources stored elsewhere. 

HRMS

HRMS (Human Resource Management System) is a software application for managing various aspects associated with the human resource operations of an organization. This can assist in simplifying approaches and ensure the effectiveness of HR functions.

ATM (Asynchronous Transfer Mode)

ATM (Asynchronous Transfer Mode) is a high-speed switching technology developed specifically for networks that can transmit both voice and data traffic. It offers the benefits of using any kind of data such as voice, video calls etc.

CPQ (Configure, Price, Quote)

CPQ (Configure, Price, Quote) is a software solution designed to help companies with the automation of their sales process, right from configuration and pricing to quoting products or services. This offers a single starting point for all sales teams who want to have correct and individualized quotes. 

A Storage Service Provider (SSP) is an entity that provides cloud storage to individuals or companies. It provides a stable and scalable storage infrastructure, helping end users store data on the cloud whilst allowing them to access and manage it remotely.

Scanner

A scanner is a device that basically converts hard copies (Images and Texts) through digitization, which allows your computer to store and manipulate those resultant digital files. Optical technology is used to capture the image into a digital representation.

Python

Python is an interpreted language that combines readability, simplicity, and ease of use. Today, it is one of the most popular languages in web development, data analysis and scientific computing or automation.

Smartphone

A phone or cellular telephone is frequently a portable phone which might produce and receive calls with a stereo link.

Google Trends

Google Trends is an online tool which has been made available free of charge by Google to enable the searching of any term and know the frequency at which it is searched for at any given time. It is useful in identifying topics that are popular at the moment as well as the time of the year when there is an increased search activity and how individuals and businesses within different geographical locations search. 

Information Technology

Information Technology involves the use of computers to store, transfer, and acquire information. It is made up of the following; hardware, software, database and networking. IT is of great importance in today’s world whether it is used for communication or business.

Duckduckgo 

DuckDuckGo is a search engine that seeks to protect user’s right to privacy. Unlike some of its counterparts, it does not follow users’ search records and does not pass individual data to advertisers. In fact, DuckDuckGo can be considered as being a search engine of a different kind as compared to Gmail and Google.

PDF is an output format that does not alter the formatting of the document no matter with which application the document was created. PDFs are used for transferring and storing documents on digital platforms.

PSK is an amplitude modulation technique in telecommunications by which information is conveyed by changing the phase of the carrier wave. It is widely employed in wireless communication networks like wireless fidelity or Wi-Fi and Bluetooth.

Artificial Intelligence

Artificial intelligence can hence be described as the ability of a computer or machine to imitate tasks that are regarded as intelligent in human beings.

Bluetooth

Bluetooth is a Short Range Wireless Connectivity technology that is used to create a connection between two or more devices. Bluetooth is mostly used in communication of smartphones, head/phone and other related items.

Cyclic Redundancy Check (CRC)

Cyclic Redundancy Check (CRC) is an error detection code used to detect errors in data transmission over the transmitting media. Essentially, it looks into the data to arrive at a checksum value and then compares the checksum with the one received to determine the status of the data.

Java

Java is one of the high-level language programming languages in computer software application development. Besides, it possesses great platform independence, it is object-oriented and, finally, it has good community support.

Library

A place which allows people to borrow books, magazines and other print and non-printing materials. Libraries also conduct educational programs, workshops, and different events for the community. This is a place where a huge number of books, different journals and others are found and these institutions are called libraries. It means that they develop educational programs, workshops, and other events which contribute to the enrichment of people’s reading and, consequently, studying habits. Libraries can also be in charge of the preservation and dissemination of cultural and historical materials or promoting literacy among the communities.

Virtual Private Network

A technology that enables one to connect to the internet thus ensuring that one’s privacy and anonymity are guaranteed. Thus, their primary applications are to extend their capabilities to safely bypass geographical restrictions and to work remotely as well as to secure sensitive information. 

Avatar

An avatar is a graphical icon that a person selects and uses in virtual space applications such as in a game or social networks. Avatars have further features of mode of dressing as well as accessories which make it possible for the user to make avatars that represent his or her unique personality. 

Finance

It is concerned with the generation of income, accumulation and its disbursement in satisfying everyday needs as well as investment. Finance involves the proper management of funds to meet certain predetermined objectives.

HTML

It is the normal way of preparing the pages that build a site on the web and defining the layout and content of web pages. HTML to a certain extent, is used to organize the content, to determine the shape and appearance of the web page as well as its design. 

Swift

A programming language that was specifically designed for use in Apple devices such as iPhones, iPads, Mac computers, and the Apple watches among others. Swift is a contemporary and robustly developed language comfortable for learning and coding. It is applied to a diverse spectrum of applications, including small utilities, large games, and any commercial project.

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Software Asset Management

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