Home Management Federal MEGABYTE Act Signed Into Law!

Federal MEGABYTE Act Signed Into Law!

Federal MEGABYTE Act Signed Into Law!

On July 29, President Obama signed into law the MEGABYTE Act of 2016, otherwise known as the “Making Electronic Government Accountable By Yielding Tangible Efficiencies Act.”  Megabyte requires the Federal CIO to, among other things:

  • Develop a comprehensive software licensing policy for managing enterprise software license agreements and commercial software licenses
  • Establish a comprehensive inventory of enterprise licenses by identifying and collecting information about software license agreements using automated discovery and inventory tools
  • Regularly track and maintain software licenses, establish goals and objectives for the government’s software license management program and consider the software license management life cycle phases to implement effective decision-making

Megabyte represents another significant piece of legislation in a succession of enacted Federal legislation and regulations that supports, encourages and mandates pro-Software Asset Management / Software License Optimization policy and best practices.  Other legislation includes:

Read the entire article here, Federal MEGABYTE Act Signed Into Law!
via the fine folks at Flexera Software

Flexera Software Flexera Software helps application producers and enterprises increase application usage and the value they derive from their software. Our next-generation software licensing, compliance and installation solutions are essential to ensure continuous licensing compliance, optimized software investments and to future-proof businesses against the risks and costs of constantly changing technology. Over 80,000 customers turn to Flexera Software as a trusted and neutral source for the knowledge and expertise we have gained as the marketplace leader in licensing, installation and compliance for over 25 years and for the automation and intelligence designed into our products.

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