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IT Asset Management (ITAM) Market Overview

Asset management isn’t a dying process, it’s just more complicated.

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  • Data management is challenging at the best of times but managing assets that change on a daily basis are difficult without automation and a good asset tool.
  • For organizations moving beyond basic hardware inventory, knowing what to look for to prepare for future processes seems impossible.
  • Using price as the leading criteria or just as an add-on to your ITSM solution may frustrate your efforts, especially if managing complex licensing is part of your mandate.

Our Advice

Critical Insight

  • If the purchase is happening independent of process design or review, it’s easy to end up with a solution that doesn’t fit your environment.
  • The complexity of your environment should be a significant factor in choosing an IT asset management solution.
  • Imagining the possibilities and understanding the differences between IT asset tools will drive you to the right solution for long term gain in managing dynamic assets.

Impact and Result

  • Regardless of whether your IT environment is on-premises, in the cloud, or a complex hybrid of the two, knowing where your asset funds are allocated is key to right-sizing costs and reducing risks of non-compliance or lost assets.
  • Choosing the right tools for the job will be key to your success.

Research & Tools

Start here: Read the Market Overview

Read the Market Overview to understand what features and capabilities are available in ITAM tools. The right features match is key to making a data heavy and challenging process easier for your team.

1. Prepare your project plan and selection process

Use the Info-Tech templates to identify and document your requirements, plan your project, and prepare to engage with vendors.

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