Asset Management

Asset Management in IT refers to the structured process of tracking, maintaining, and optimizing technology-related assets throughout their lifecycle. These assets can include hardware, software, licenses, servers, mobile devices, and other equipment used within an organization.

Effective IT Asset Management helps ensure that each resource is used efficiently, securely, and in compliance with licensing agreements or policies. It also provides visibility into what assets are owned, where they are located, and how they are performing. By maintaining accurate records, IT teams can reduce unnecessary purchases, plan upgrades, and manage costs more effectively.

Five business benefits of IT Asset Management (ITAM) – 5 mins