Xensam Recognized in the Gartner Market Guide for Software Asset Management Tools 2024

Gartner’s 2024 Market Guide for Software Asset Management Tools is here, and Xensam is proud to be recognized as a selected vendor. The guide highlights the complex software challenges that companies face today. Managing lifecycles across decentralized global IT environments, advanced license metrics, and hybrid software requires a multi-purpose solution to meet the needs of diverse stakeholders, including procurement, vendor managers, and IT management.  

What Is the Gartner Market Guide for Software Asset Management Tools? 

Gartner’s Market Guide for Software Asset Management Tools is released annually as a resource for companies looking to select the best Software Asset Management platform for their organizational needs. In it, Gartner’s expert analysts provide an overview of tools available on the market and their functionality for helping companies understand their software, how it’s being used, and how to manage cost and risk more effectively. 

The Key SAM Recommendations for 2025 

This year’s Market Guide underscores the necessity of understanding software deployment and defining a clear SAM multi-year vision to evaluate ROI from your software and SAM tool investments. Companies that utilize SAM tools and AI capabilities will increase efficiency and drastically cut costs. Cross-organizational collaboration and strategic merging with FinOps for ongoing governance will also be vital in maximizing software and cloud investments. Business-led IT is an ongoing trend where the business becomes the owner of its software purchases, requiring cross-organizational visibility, compliance, and cybersecurity practices.  

Master Software ROI with Xensam’s AI-Powered SAM Platform  

Xensam is the world’s leading provider of AI-powered Software Asset Management technology, allowing businesses to map, manage, and maximize all software across hybrid IT environments. We provide a single source of truth for everything software to help companies optimize usage and eliminate wasted spending on underutilized applications and redundant software. Recognizing 93% of software out of the box, Xensam detects more applications than any other vendor, providing unprecedented visibility of actual SaaS and on-premises utilization down to the minute. Presented in an easy-to-use interface, our platform is designed to deliver highly accurate intelligence to the entire organization. 

Gartner customers can access the full Market Guide here.