ISO-19770-1 was first introduced to the globe in 2006 as the Software Asset Management (SAM) standard. Its primary focus was on SAM procedur

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ISO-19770-1 was first introduced to the globe in 2006 as the Software Asset Management (SAM) standard. Its primary focus was on SAM procedur
SAM assists in managing security, minimizing IT expenses, and preparing organizations to adopt emerging technologies that will foster corporate expansion. The IT asset management (ITAM) standard, ISO/IEC 19770-1, was initially created in 2006 and most recently updated in 2017.
ISO/IEC 19770-1 is a framework of ITAMS processes that enables an organization to demonstrate that it is performing software asset management to a sufficient standard to satisfy corporate governance requirements while also ensuring effective overall support for IT asset management. ISO/IEC 19770-1 standard is related to Service Management and includes 27 process areas, each with objectives and detailed outcomes. The standard also advocates a tier-based approach to allow organizations to adopt ITAMS processes that are appropriate for their needs and size.