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Implement IT Asset Management

Create a proactive program that can respond to the dynamic nature of ITAM.

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  • Organizations often misunderstand the need to properly govern the process for asset management, as they overestimate the functionality of automated discovery tools. Without processes in place that integrate to the services team handling assets, data will quickly become inaccurate.
  • There is often confusion between processes around hardware, software, cloud management, and configuration management.

Our Advice

Critical Insight

  • ITAM is a cornerstone program. ITAM’s real value doesn’t emerge from compliance; it comes from the strengthening of other IT services.
  • Don’t just wait for the knock on the door; make sure it rarely happens. Proactive asset management can prevent a software audit from happening.
  • Treat ITAM like a process, not a project. ITAM is a dynamic process that must react and adapt to the needs of the business.

Impact and Result

  • Break down the projects into more manageable sections and understand how the data will be used and where it comes from.
  • Hardware, software, and cloud asset management are all managed differently, and sometimes with different teams, but all require data to be consolidated.
  • Involve anyone handling assets in the process, to ensure they’re participating in the asset management solution.
  • Pace yourself: It’s tempting to tackle everything at once, but a staged implementation will make your asset program a success.

Research & Tools

Start here – read the Executive Brief

Read our concise Executive Brief to find out why you should implement IT asset management, review Info-Tech’s methodology, and understand the four ways we can support you in completing this project.

1. Implement Hardware Asset Management

Executives are often aware of the benefits asset management offers, but many organizations lack a defined program to manage their hardware. Efforts to implement hardware asset management are stalled because organizations feel overwhelmed navigating the process or underuse the data, failing to deliver value. A staged implementation and focus on defining processes and policies for each lifecycle phase will increase success, but make sure to treat HAM like an ongoing process, not a project.

Use Info-Tech's blueprint Implement Hardware Asset Management.

2. Implement Software Asset Management

With no formal standards in place for managing software, organizations are at risk for costly software audits and poorly executed software spends. Implementing software asset management should go beyond tracking software to involve building processes for each stage of the software asset lifecycle from procurement through to contract retirement.

Use Info-Tech's blueprint Implement Software Asset Management.

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Member Testimonials

Unlock Sample Research

After each Info-Tech experience, we ask our members to quantify the real time savings, monetary impact, and project improvements our research helped them achieve. See our top member experiences for this Blueprint, and what our clients have to say.

Client

Experience

Impact

$ Saved

Days Saved

The University Of Manchester

Guided Implementation

7/10

N/A

N/A

New York City Housing Authority*

Guided Implementation

7/10

N/A

N/A

Texas General Land Office and Veterans Land Board

Guided Implementation

10/10

N/A

N/A

Tri-Angular Consulting LLC

Guided Implementation

10/10

$6,388

3

Public Service Commission

Guided Implementation

9/10

$800K

50

King County

Guided Implementation

3/10

N/A

N/A

The Corporation of the City of Timmins

Guided Implementation

8/10

N/A

N/A

Bellevue College

Guided Implementation

10/10

N/A

5

Public Service Commission

Guided Implementation

10/10

$30,000

120

Business Development Bank Of Canada

Guided Implementation

10/10

N/A

N/A

Fisheries and Oceans Canada

Guided Implementation

7/10

N/A

N/A

BC Liquor Distribution Branch

Guided Implementation

8/10

N/A

N/A

Midland Credit Management, Inc.

Guided Implementation

10/10

$14,643

20

Macerich Company

Guided Implementation

6/10

N/A

N/A

City of Hope

Guided Implementation

3/10

N/A

N/A

Varian Medical Systems, Inc.

Workshop

10/10

N/A

N/A

Gwinnett County

Guided Implementation

3/10

N/A

N/A

Broome-Tioga Boces

Guided Implementation

9/10

$12,733

10

Daifuku North America Holding Company

Workshop

9/10

$12,733

60

Englobe

Workshop

5/10

N/A

5

Chickasaw Nation

Guided Implementation

9/10

N/A

29

Upsher-Smith Laboratories Inc

Guided Implementation

9/10

$2,546

10

San Manuel Band of Mission Indians

Workshop

9/10

$31,833

10

Segal

Guided Implementation

10/10

$63,667

75

Messer

Guided Implementation

10/10

$63,667

47

Loyola University Maryland

Guided Implementation

8/10

$12,733

10

EQT Corporation

Guided Implementation

10/10

N/A

N/A

Messer

Guided Implementation

9/10

N/A

N/A

Hydro-Quebec

Guided Implementation

9/10

$2,000

2

Stifel

Guided Implementation

8/10

$31,833

50

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