KPIT achieves the Verafirm-Certification

In a statement, KPIT has declared to have become the first publicly listed company to receive the Verafirm Certified from BSA | The Software Alliance.. The certification recognizes the best practices implemented by KPIT in Software Asset Management (SAM) through the entire life cycle from Procurement, Inventory Management, Deployment, License compliance and Usage monitoring.

Verafirm Certified is a universally applicable benchmark for organizations to follow when developing and implementing a software asset management program. This is the first and only enterprise-level certification for Software Asset Management, aligned to ISO SAM standard. The certification status will enable KPIT to:

·        More closely align its software assets with its operational needs

·        Maintain and easily demonstrate license compliance

·        Accrue software cost efficiencies and improved business performance

Commenting on this achievement Mandar Marulkar, Vice President, IT and CISO, KPIT, said “We are proud to achieve the prestigious Verafirm Certified. This recognizes our efforts toward effective implementation of ISO SAM aligned processes and license compliance. It also demonstrates our commitment toward upholding high ethical standards. Our mature governance practices and increased deployment productivity will enable us to provide faster and timely deliveries to our customers.”

“Software asset management (SAM) is among the most significant IT investments that companies can make in today’s economic reality. By achieving globally recognized Verafirm Certified, KPIT has shown the way in adopting the industry best practice for effective management, control and protection of software assets. We believe that this is yet another milestone in the adoption of SAM in the Indian IT industry and will pave the way for other industry players to recognize the benefits of SAM through the entire lifecycle from procurement of software assets to license compliance and usage monitoring”, added Vipin Aggarwal, India Chair, BSA | The Software Alliance.