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Overview
ITAM is the process of tracking and managing a company’s IT assets. This includes hardware, software, licenses, and contracts. Effective ITAM helps organizations get the most value from their IT investments.
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What Is ITAM?
It involves finding, recording, and keeping an accurate list of IT assets. This includes managing their asset lifecycle, optimizing costs, and following software licensing rules. The ITAM process also ensures that users use assets well and keep them in good condition.
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How Does IT Asset Management Work?
ITAM uses tools to find assets, manual checks, and databases to gather asset data. It tracks how people buy, use, maintain, and finally retire or dispose of assets. This process finds underused assets and relocates them to where they are needed most.
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Why Use ITAM & What Is Its Importance?
It ensures that users utilize assets cost-effectively. It also reduces IT-related risks and helps organizations stay compliant with software. This leads to better budgeting, improved asset security, and stronger IT governance. ITAM also helps in disaster recovery planning by providing a clear list of all IT assets.
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SysAid’s Solution For IT Asset Management
SysAid provides a comprehensive IT Asset Management module that empowers businesses to manage their IT assets efficiently. SysAid enables businesses to track asset lifecycles, administer software licenses, and optimize asset usage. It also provides automated workflows and reporting tools to simplify ITAM processes.
ITAM: IT Asset Management Key Concepts Explained
SysAid’s Glossary of Terms
