IT Asset Management (ITAM) provides the IT organization with a standard suite of tools, databases, processes, and procedures enabling the strategic management of IT assets throughout their lifecycles – planning, acquisition, deployment, management, support, and disposal. With best practice solutions and processes deployed, IT can manage its assets over their useful lives to minimize lifecycle costs while maximizing benefits, leading to improved software license compliance and the ability to effectively forecast and plan for hardware and software replacements and purchases. The result is more accurate status accounting (where it is) and financial accounting (when and how it was purchased). In addition, ITAM can provide accurate and up-to-date asset information to ITIL® processes, including Incident Management, Change Management, Release Management, and Problem Management.
Benefits
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