sales@cloudradius.co.in
IT Asset Management (ITAM) is the practice of managing and optimizing the use of an organization’s technology assets throughout their lifecycle. This includes hardware, software, cloud services, and any other IT-related resources. ITAM ensures that these assets are accounted for, maintained, upgraded, and disposed of in a cost-effective and compliant manner.
IT Asset Management not only helps in cost control but also improves operational efficiency by providing clear visibility into the organization’s IT environment. It aids in identifying underutilized resources, ensuring license compliance, and reducing risks associated with outdated or unsupported technology.
Key Components of IT Asset Management
- Asset Discovery and Inventory
- Lifecycle Management
- Software License Management
- Cost Control and Optimization
- Compliance and Risk Management
- Asset Tracking and Monitoring
- Disposal and Retirement
