A plurality of software instances deployed in a monitored environment are discovered by a software asset management tool operated by a software asset administrator who is responsible for monitoring software license compliance within the monitored environment. The software asset management tool then collects metrics associated with the plurality of software instances. The collected metrics are then provided to a first analytic service adapted to generate analytic information about the plurality of software instances. Using at least the collected metrics, the analytic service generates analytic information. The analytic information is then obtained from the analytic service. By reviewing the analytic information, the software asset administrator is able to obtain additional insight into the monitored environment that would not otherwise be available to him.