- Automation of asset management can provide significant value, recovering costs from underused licenses and entitlements, and helping organizations weather the considerable expense and hassle of an audit.
- Go in with a strong understanding of your organization’s needs. Some vendors sell their ITAM solutions as part of a larger management suite. Integration is good, but if you don’t need the features, don’t overpay.
- There are benefits to specialization. Some vendors don’t offer as broad a feature set but perform exceptionally well at specific tasks.
- Turn asset management into an ongoing process, not just a once-in-a-while inventory job. Software can greatly simplify this initiative.
Our Advice
Critical Insight
- Carefully consider your Recovery Time Objectives (RTO) and Recovery Point Objectives (RPO) and realistically evaluate what you can afford.
- As the market matures, vendors begin to differentiate themselves by accommodating variable client scenarios and providing a variety of pricing options.
Impact and Result
- Understand what features are available from asset management software providers and how they can benefit your organization.
- Identify an asset management solution that meets your organization’s specific use case without overpaying for unnecessary features.
- Determine which asset management solution provides the best value for your organization.