Ashley Heron
Asset management is the practice of increasing total assets over time through acquisitions, maintenance and trading of investments that have the potential to increase in value. This service is performed by Asset management professionals for others. They are also called financial advisors.
What is IT Asset Management?
IT Asset Management (ITAM) is a set of business practices that integrate financial, inventory and contractual functions to optimize costs and support. This is the process of ensuring that an organization’s assets are accounted for, deployed, maintained, upgraded, and disposed of.
What is the IT asset management process workflow?
The IT asset management process involves three the following steps:
Asset identification: The first step in managing IT Assets to create a detailed inventory of all IT Asset. This ensures that redundant assets are optimized for greater efficiency and makes identification easy.
Tracking: This involves using an IT Asset Management (ITAM) tools to continuously monitor IT assets. Information collected for tracking each asset includes financial, contractual, and inventory data.
Maintenance: According to their lifecycle stage, IT assets are maintained. Maintenance involves repairing, upgrading and replacing assets.
>> Assign, Un-assign, Reallocate assets
>> Life Cycle Management
>> Know who is using Each Service/Device at all times
>> Optimize your Fleet
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