ITAA is delighted that Steve Narey has joined the team. Steve’s remarkable depth of experience in Software Asset Management (SAM) and IT Asset Management (ITAM) will provide invaluable support for our clients’ growth, compliance, and operational efficiency. His career reflects a versatile leadership background spanning more than two decades, with hands-on experience managing high-level SAM projects and delivering strategic asset management solutions across numerous industries, including banking, insurance, energy, and retail.

Steve has a proven track record in developing SAM and ITAM programs that align with each organization’s unique business objectives and growth goals. His background includes designing robust SAM strategies, leading large-scale software optimization projects, and implementing complex licensing and compliance frameworks. As the founder of LMO Consultancy Ltd., Steve successfully led SAM initiatives for global clients, collaborating across all levels of management to achieve measurable results and substantial cost savings.

Leadership That Drives Real-World Results

Steve’s career includes significant leadership roles in global companies, where he combined strategic vision with actionable insights, delivering substantial cost reductions and risk mitigation strategies. His prior positions include roles at HSBC, where he led a team responsible for growing general insurance through major partners, and CPP plc, where he pioneered new product development with a focus on market-relevant solutions. His leadership style is marked by a results-driven approach, emphasizing business growth, strategic foresight, and measurable outcomes. Steve’s clients value his ability to distill complex licensing issues into clear, effective solutions that align with broader business objectives.

Broad and Deep Expertise in SAM, ITAM, and Beyond

Steve’s expertise covers a comprehensive range of SAM services, including licensing compliance, cost optimization, audit defense, and contract negotiation.

Key highlights of his experience include:

• SAM Program Development: Designing and implementing ISO/IEC 19770-1 aligned SAM programs that provide structure and scalability, ensuring compliance and long-term value for clients.
• Cost Optimization and Cloud Strategy: Crafting tailored licensing strategies that support cloud migrations and reduce software expenditures. Notably, Steve optimized a multi-country cloud migration strategy for a global insurance organization, improving licensing efficiency across five data centers.
• Audit Defense and Risk Mitigation: Leading high-stakes audit defenses for clients across various industries, including a $7 million IBM audit defense for a European financial services organization.
• Process Optimization and Tool Implementation: Overseeing SAM tool implementations, such as ServiceNow SAM Pro for a multinational utility company, which improved data accuracy and compliance across software environments.

Steve’s extensive project portfolio includes engagements with major global corporations across industries, reflecting his broad impact and expertise. From performing baseline audits that saved clients an average of 20% in licensing costs to implementing forward-thinking SAM roadmaps, Steve’s results-driven approach consistently benefits clients by enhancing compliance, reducing risks, and optimizing their software investments.

Enabling Client Growth and Success at ITAA

Steve brings a unique blend of high-level consultancy experience and hands-on management skills that have consistently driven client growth and enhanced operational performance. His strategic mindset and in-depth understanding of licensing complexities enable him to deliver business-focused solutions that empower organizations to maximize the value of their software assets. Steve is also well-versed in training teams on SAM best practices, ensuring that his work delivers long-term, sustainable value.

The addition of Steve strengthens ITAA’s commitment to providing top-tier SAM consultancy, tailored to the needs of our clients in sectors such as finance, retail, healthcare, and energy. His experience across diverse verticals equips him to understand and meet industry-specific requirements, helping our clients stay competitive, compliant, and prepared for the future of asset management.

We are excited to see the positive impact that Steve’s expertise and leadership will bring to ITAA and our clients. Please reach out to Steve for all aspects of SAM support, including licensing compliance, cost optimization, audit readiness, and strategic SAM program design.