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According to the 2009 FAST Survey, the number of organisations being audited by their software vendor has increased by almost 50 percent in the past 12 months
Software compliance and software asset management initiatives benefit from executive backing


Maidenhead, UK, 2nd September 2009: The number of organisations being audited by their software vendor has increased by almost 50 percent, according to a survey by FAST Ltd, a leading UK authority on Software Asset Management (SAM) and IT Compliance, providing software, education, consulting and managed services.

Nearly 30 percent said they had been audited or inspected by a software publisher, against 20 percent in 2008. The figure supports recent evidence of a change in the software compliance landscape, with audits on the increase. Over the last 6-12 months, nearly 17 percent of FAST’s respondents said they had faced an audit.

Independent UK research conducted by IDC in October 2008 cited that 52 percent of all companies have been subject to a vendor audit or review in the past 12 months, whilst 23 percent have been subject to three or more audits or review during this timeframe.

These results show that with an estimated 60 percent of companies being under-licensed and 40 percent over-licensed, the software compliance industry is really cracking down and highlighting the consequences for organisations of not having effective SAM programmes in place.

Andy Pearce, Managing Director at FAST Ltd said that there continues to be considerable risk associated with non-compliance. However the threat of hefty fines or a detrimental effect on corporate reputation shouldn’t be the sole driver for compliance.

“Our research shows that although nearly half (45.4 percent) of organisations joined the FAST Compliance Programme because they were ‘concerned with the legal implications of not being IT compliant’ or that they ‘needed help to get their software licensing in order’, detailed financial control is also a key driver, especially given the current economic climate.

“In uncertain times, what organisations must get from their IT estate is predictability and reassurance, not unexpected, unbudgeted costs. Similarly organisations want to ensure that they are not spending money on software licensing unnecessarily, so SAM and compliance become even more pertinent as organisations attempt to rein in their costs during a recession. FAST is here to raise awareness and help organisations become more proactive in their licence management and compliance activities.”

The FAST annual customer survey, which tracks FAST customers’ adoption of its software licensing compliance programme showed that for FAST’s customers, the overwhelming main compliance priorities are software licence compliance (27 percent) and software asset management (24 percent).

The survey also demonstrated that customers’ compliance activities are benefiting from strong executive support. In 2009, more than three quarters (77 percent) of FAST members said their Board had been either supportive or very supportive of their software compliance project.

Pearce continued: “These figures are extremely encouraging to see as it has been a challenge for us and the industry to demonstrate the benefits of having a successful SAM programme. Understanding the consequences of not complying coupled with gaining executive support for a compliance programme is very important.”

To find out more about FAST Ltd’s professional consultancy and managed services, please visit FAST’s website: www-fast-compliance.co.uk or call 0844 815 5741.


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Notes to editors

About FAST Ltd:
FAST Ltd, part of IRIS is a leading UK authority on Software Asset Management and IT Compliance, providing software, education, consulting and managed services. For over 24 years FAST Ltd has helped over 8,000 organisations control their IT costs, mitigate risk and deploy best practice IT using expert impartial and independent advice.

The FAST Compliance programme focuses on helping organisations achieve ‘best practice’ in IT and software compliance. The business supports its 2,700 customers to reach and maintain The FAST Standard for Software Compliance (FSSC–1:2007), a private Standard which was developed in collaboration with BSi. The FAST Standard also addresses a significant proportion of the requirements of ISO/IEC 19770-1 the International Standard for Software Asset Management. The Federation Against Software Theft Investors in Software (FAST IiS), which aims to combat software piracy, endorses the Standard.

FAST IiS, which is a not for profit organisation limited by guarantee is owned and funded by its members – software publishers, solicitors, IT resellers etc. FAST Ltd has a mandate from FAST IiS to advise and help UK organisations on the issue of software compliance and promote the legal use of software and it is the only organisation that meets the FAST IiS’ mandate.

For further information:
Paula Elliott
C8 Consulting Ltd for Noggin
+44 (0) 118 9001132
paula@c8consulting.co.uk

This press release was distributed by ResponseSource Press Release Wire on behalf of C8 Consulting in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.