IT Asset Management
IT asset management is the set of business practices that join financial, contractual and inventory functions to support life cycle management and strategic decision making for the IT environment. Assets include all elements of software and hardware that are found in the business environment.
IT asset management generally uses automation to manage the discovery of assets so inventory can be compared to license entitlements. Full business management of IT assets requires a repository of multiple types of information about the asset, as well as integration with other systems such as supply chain, help desk, procurement and HR systems and ITSM.
Hardware asset management entails the management of the physical components of computers and computer networks, from acquisition through disposal. Common business practices include request and approval process, procurement management, life cycle management, redeployment and disposal management. A key component is capturing the financial information about the hardware life cycle which aids the organization in making business decisions based on meaningful and measurable financial objectives.
Software Asset Management is a similar process, focusing on software assets, including licenses. Standards for this aspect of data center management are part of ISO/IEC 19770.
The most popular products in category IT Asset Management All category products
Suppliers IT Asset Management
Vendors IT Asset Management
F.A.Q. about IT Asset Management
What is Information Technology Asset Management?
IT asset management (information technology asset management, or ITAM) is a set of business practices that combines financial, inventory and contractual functions to optimize spending and support lifecycle management and strategic decision-making within the IT environment.
What is the purpose of IT asset management?
Asset management allows the organization to keep track of all their assets. It can tell where the assets are located, how they are used, and when changes were made to them. The data from the asset management solution can ensure that asset recovery will lead to better returns.
What are the benefits of asset management?
With a structure asset management framework in place, organizations will realize these and other benefits:
Good Business Practice. Asset management results in better decisions;
- Improved Regulatory Compliance;
- Improved Reliability;
- Long Term System Integrity;
- Cost Savings;
- Eligibility for Federal Funding.
What are the types of asset management?
There are 7 types of asset management:
- Financial Asset Management.
- Enterprise Asset Management.
- Infrastructure Asset Management.
- Public Asset Management.
- IT Asset Management.
- Fixed Assets Management.
- Digital Asset Management.
Materials
Data center management
https://en.wikipedia.org/wiki/Data_center_management#Data_center_asset_managementIT asset management (ITAM)
https://searchcio.techtarget.com/definition/IT-asset-management-information-technology-asset-managementDefinitions and Benefits of Asset Management
https://www.newea.org/about-us/committees/asset-management-committee/am-resource-center/definitions-and-benefits-of-asset-management/7 Types of Asset Management
https://simplicable.com/new/types-of-asset-management