What is a significant function of the 'Support' phase in the Software Asset Lifecycle?

The 'Support' phase in the Software Asset Lifecycle is primarily focused on maintaining the operational capabilities of software while ensuring it continues to meet user and organizational needs. Upgrading existing software is a significant function during this phase, as it helps enhance software features, improve performance, fix bugs, and ensure compatibility with other systems. Regular upgrades also help to protect against security vulnerabilities and allow users to take advantage of new functionalities that can enhance productivity and efficiency.

In this context, the other functions mentioned, such as designing new software or assessing software compliance, typically fall outside the scope of what is addressed during the Support phase. Revoking unused licenses may occur as part of the license management strategy but is more of a license optimization task rather than a core activity within the Support phase itself. Thus, upgrading existing software is central to maintaining a robust and effective software asset portfolio during this critical phase.