IT Asset Management refers to a systematic approach to managing the value of IT assets for which a group or organization is responsible throughout their entire lifecycle and realizing the potential of these assets. IT Asset Management (ITAM) is the identification and control of IT infrastructure by maintaining data about a company's historical and current information. IT teams in companies are also responsible for managing physical and virtual asset components. IT Asset Management provides the advantage of foreseeing possible risks on the IT side and taking precautions.
Importance of IT Asset Management for Companies
Dependence on a Single Source
In many companies, assets are tracked by different people in different locations. Thus, the collected data cannot be centralized, which leads to various errors. IT Asset Management simplifies this process by reducing dependencies so companies can use their time more efficiently.
Elimination of Unnecessary Costs
IT Asset Management keeps information up to date and improves usage. It avoids unnecessary purchases and thus waste is prevented. Increases control and provides legal assurance. These improvements in the company provide cost savings to the companies.
Creating a Modern Enterprise Architecture
IT Asset Management plays a critical role in many processes, including incident management and issue management. It enables the organization to be more innovative and gain value faster. Teams create healthier and more productive jobs with accurate data. They can anticipate the risks and situations that may arise and take precautions. This gives the company an advantage in terms of competition. IT Asset Management is of strategic importance for companies.
IT Asset Management Software
Loggle is an IT asset management software that allows businesses to manage their IT assets from a single platform. Loggle offers application portfolio management software and hardware asset management software platforms.
Guide to IT Asset Management
An IT asset is classified as any company-related information, system or hardware used during business activities. The IT asset management process involves collecting and managing a detailed inventory of an organization's hardware, software, integration and network assets. IT asset management provides data on IT inventory, making the company's IT infrastructure transparent. The information gained from IT inventory management is used to make informed business decisions about IT-related purchases and redistribution.
In the IT industry, asset management (ITAM-IT Asset Management) is used to optimize IT spending and manage the lifecycle of assets in the IT environment.
IT asset management is a suite of business applications that combines financial, inventory and contracting functions to support strategic decision making.
IT asset management is also sometimes referred to as IT inventory management. Because it often involves collecting detailed hardware and software inventory information, which is then used to make decisions about acquisitions and how assets are used. Having an accurate inventory of IT assets helps companies use their assets more effectively and avoid unnecessary asset purchases by reusing existing resources. IT asset management also enables organizations to reduce the risk costs of unknowingly building new IT projects on old (or unknown) infrastructure foundations.
What is Application Portfolio Management?
Application portfolio management covers business processes within the scope of monitoring and optimizing all software applications used in businesses. Application portfolio management applies business analytics to improve the decision-making process of the information technology tasked with organizing software applications. Due to the irregular and large IT infrastructure, information is obtained by using various factors for each application. Based on the information obtained with this method, it is determined where and when improvements will be made on software applications based on relevant factors.
Application portfolio management also determines which application is incompatible. Not only can it optimize software programs, it can identify gaps between applications and show where applications should be used to increase efficiency. At the same time, the application portfolio management is the factor that determines the capital for the enterprises that will invest. While providing significant savings in IT infrastructure costs, it also prevents time loss.
In short, application portfolio management monitors all applications, uses various factors and sifts through them. Thus, it facilitates the workflow for businesses while organizing applications.
Application Portfolio Management Software
Application Portfolio Management software is a digital solution that enables businesses to manage all their applications and software. Businesses can manage their application inventories through the platform and evaluate their efficiency.
IT Asset Management Components
What is IT Asset Management?
Technology investments of enterprises are increasing year by year. This brings with it the need for IT asset management. IT asset management is the process of managing the software, hardware and integration inventories of businesses throughout their lifecycle.
Tips for Effective IT Asset Management
Select the Person or Team to be Responsible for Your IT Assets
Companies should establish an organized structure to make their IT Asset Management processes effective. Persons or teams responsible for IT Asset Management processes should set up and implement all necessary steps within the scope of IT Asset Management.
Build Your IT Inventory
You must first create a central asset store, which should contain your IT software and hardware components. It can be used widely, such as command-based scanning, domain-based scanning, agent-based scanning, and distributed entity-based scanning, according to a setup according to your operating system. You must choose one from the list of scanning and exploration techniques. In order to use assets more effectively, it is important to include more information about them.
Schema your assets
Diagramming your information, connections, and their relationships allows you to plan better and see problems more easily.
Run IT Asset Management with ITIL Process
Including the ITIL process in IT in order to make strategic decisions will help processes such as Incident Management, Problem Management and Change Management to progress more easily.
Make Data Easy to Report
By creating an environment suitable for the preparation of continuous and regular reports, you can ensure that up-to-date data of your IT infrastructure can be accessed whenever needed.
Hardware Asset Management Software
Hardware asset management is the business process performed to create, monitor and manage the inventory of hardware in enterprises. Hardware asset management software, on the other hand, is a solution that enables HAM processes to be carried out more effectively on a single
