Technology is rampantly changing and the investment that goes into IT assets is significant. To prioritise, effectively use, reduce costs and govern is a prime concern which otherwise leads to mis-utilisation of the resources.

Most of the organisations are under the impression that Asset management might not require serious monitoring, but this might later create a series of issues effecting multiple areas. Security of Enterprises is also high dependent Assets and data.

Here are a few things to consider

Visibility to assets

A complete picture of your assets is a good thing to start with, prior to monitoring and control. A bulls eye view of both hardware and software, network and cloud assets might let us identify not just unwanted ones but to prioritise on which ones are most used and fully functional to plan for budgeting in the next cycle. Remote discovery with agent-based tools is crucial with BYOD and flexible working environments encouraged in organisations

Tools profile

The IT asset management tools should help us effectively patch across operating systems and third-party applications. The lesser the dependency on multiple tools the better. Tools that let us manage licensing and maintenance without failing to meet the compliance's can reduce issues with penalties.

Consistent Monitoring and cost management

Identifying those specific metrics with maintenance, asset depreciation and outdated utilities that eat up a lot of existing budget and updating them or ignoring based on the need of the situation is a way to optimize usage and reduce cost. ITAM is an activity that requires regular check on various levels, constant monitoring and execution are a way to go.

IT Asset monitoring on cloud

IT Asset management on cloud offers a bundle of benefits with platform level tools for patch management and discovery. They also offer integration capabilities with which multiple third part tools could be used alongside the primary ones.

Overall ITAM is about making the best use of resources with ease, reducing additional expenditure and effectively contributing to business functions that maximize revenues.