IT Asset Management - an Integral Part of an Overall Asset Management Strategy

John E. Provo
Business Development Manager
At NicheXperts

Why would an organization want to track, and effectively manage their IT assets? In days gone by, the answer to this question was "money". Emphasis was placed on the reduction of TCO of the enterprise. While this is still the case, the reasons for implementing a comprehensive IT asset management strategy are evolving. IT asset management is no longer only concerned with reducing TCO within the IT department.

IT asset management is increasingly becoming the tool by which an organization is able to link their technology strategy directly with the organization's mission objectives.

• What is "IT Asset Management", and why is it increasing in importance?
• Why should "IT Asset Management" be viewed as one integral part of an overall asset management strategy?
• Identifying problems necessitating a comprehensive IT asset management strategy.
• Explore solutions to the problem.
• Finding the right tools to effectively solve the problem.
• Finding the right partner for your organization.

What is IT Asset Management, and why is it Increasing in Importance?

While the reasons for implementing an IT asset management system have evolved (above), the definition of a "comprehensive" solution has likewise evolved. If, in fact, IT departments have been elevated to the position of having to be able to link their technology strategy directly with their organization's overall mission objectives, then it follows that the definition of an effective IT asset management system must now be more than, "tracking all IT assets across the enterprise".