Accenture Deploys New Software License Management Application on the Digital Asset Platform

Posted by Digital Asset on Nov 12, 2018 3:37:51 PM

Application simplifies traceability of Accenture’s software licenses and improves the asset management lifecycle

Accenture has announced a new distributed ledger technology (DLT)-based application that delivers enhanced enterprise software asset management capabilities. The application uses Digital Asset’s smart contract language, DAML, to model and enforce software license events throughout their lifecycle, from origination to purchase, which simplifies tracking, usage and audit functions.

“While software asset tracking and management tools have evolved, it can still be a daunting task for any large organization to manage,” said Melanie Cutlan, senior principal, Accenture Operations blockchain lead. “The power of DLT will simplify the traceability of these licenses, and, therefore, the auditing function so all can see where each license is assigned. This has the potential to save organizations millions of dollars per year in the management of their software license portfolios.”

Read the Accenture Press Release

Topics: DLT, Accenture, DAML

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