Almost three-quarters of European organisations would "highly likely" fail a software audit, according to CA Technologies research.
According to a poll of 125 senior IT professionals, CA found that 72 percent find it either "difficult" or "very difficult" to identify unused software and redistribute it - "making it highly likely they would fail a software audit", said CA.
The findings also disclose that the majority (52 percent) have no appropriate tool for licence compliance management and their information is distributed across various systems, spreadsheets and archived agreements.
As a result, 80 percent report that they are either unable or only partially able to "achieve financial transparency for IT", even though 91 percent expect to be audited for licence compliance once or more than once in the next twelve months.
“Tracking and managing software licenses and hardware infrastructure investments is a major challenge,” said Jan Christiansson, director of solution sales at CA Technologies. “The lack of visibility into asset utilisation means that organisations are exposed to legal and financial risks associated with software license compliance and unexpected software audits."
He said "a comprehensive asset lifecycle management solution helps to alleviate these dangers, allowing organisations to control IT spending, enable regulatory and policy compliance and improve service delivery".