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

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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.