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Just what is IT Asset Management (ITAM)?

ITAM is a portfolio approach to measuring the technical, financial, and service condition of an organization’s IT infrastructure. ITAM leverages the physical attributes of an asset with service and financial data that supports its management throughout its lifecycle from procurement to re-deployment or disposal. The goal of ITAM is to reduce costs, improve customer satisfaction, and increase business satisfaction

Industry experts believe that more than half of enterprise ITAM programs fail to align with business needs. In addition, they note that less than a quarter of all companies have implemented a workable approach to ITAM. However, ITAM shouldn’t be written off. When ITAM policies/programs are successfully implemented, they have proven to be an excellent tool for running IT operations more efficiently.


Click here to to view Three Corporate Policies Needed for IT Asset Management

 

For additional information on End-of-Life ITAM check out our “Hot Topics” section.