[WEBINAR] Application Acceleration: Faster Performance for End Users

Software Inventory Management

Definition - What does Software Inventory Management mean?

Software inventory management is the process of keeping a record of all the software and applications used within an IT environment.

It is a part of IT asset management that enables the recording of type, size, data, vendor and other related data of software installations.

Techopedia explains Software Inventory Management

Software inventory management processes usually include:

  • Keeping a record of the quantity of software or applications installed, installation date, size, etc.
  • Type of software installed or deployed within the IT infrastructure such as billing, payroll, CRM, etc.
  • Expiry and license renewal dates
  • Software update cycle (when was the software last updated and when is the next update due)

Software inventory management is also used as a means to calculate the software's monetary worth and impact on business.

Techopedia Deals

Connect with us

Techopedia on Linkedin
Techopedia on Linkedin
"Techopedia" on Twitter

Sign up for Techopedia's Free Newsletter!

Email Newsletter

Join thousands of others with our weekly newsletter

Free Whitepaper: The Path to Hybrid Cloud
Free Whitepaper: The Path to Hybrid Cloud:
The Path to Hybrid Cloud: Intelligent Bursting To Amazon Web Services & Microsoft Azure
Free E-Book: Public Cloud Guide
Free E-Book: Public Cloud Guide:
This white paper is for leaders of Operations, Engineering, or Infrastructure teams who are creating or executing an IT roadmap.
Free Tool: Virtual Health Monitor
Free Tool: Virtual Health Monitor:
Virtual Health Monitor is a free virtualization monitoring and reporting tool for VMware, Hyper-V, RHEV, and XenServer environments.
Free 30 Day Trial – Turbonomic
Free 30 Day Trial – Turbonomic:
Turbonomic delivers an autonomic platform where virtual and cloud environments self-manage in real-time to assure application performance.