Complete Guide to IT Asset Management Success

A successful IT Asset Management (ITAM) starts with a detailed and aligned strategy to technology and business objectives. ITAM is not simply a way of tracking hardware and software. It is about optimizing value, minimize risks, and maximizing efficiency at every phase of the IT lifecycle. You need to start with a complete inventory of all assets to include laptops, servers, software licenses, and cloud resources. You should obtain some automation tools to assist in tracking, maintaining, and reporting on compliance. Recurring reviews have a latent advantage to uncovering inactive and non-compliant assets that lead to untracked expenditures. In addition, this auditing activity will instill transparency and accountability amongst the IT, finance, and procurement functions.

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