IT Asset Management toolYour IT infrastructure is always moving and changing. Everyday there’s a new piece of hardware to acquire, one to decommission and another asset somewhere in between. IT managers must figure out how to optimize, grow, and protect their assets, and unfortunately, too much of this happens on an ad-hoc basis. This is due to a number of reasons, but many of them sprout from certain myths around IT asset management (ITAM). Embarking on an asset management strategy can be daunting, especially with a number of misconceptions floating around on the topic. We’re here to debunk a few of those myths.

Myth #1: It’s too Expensive

We get it, every penny counts when it comes to any IT budget. However, take a second to think about all the things you spend money on by not properly tracking your assets. Without hardware asset management, you could be leaving a great deal of money on the table - fines for under-licensing your hardware, mismatched SLAs, lapses in coverage all contribute to overspending when it comes to your IT environment. So instead of viewing ITAM as a budget burden, view it as an investment designed to help you meet business objectives and goals.

Myth #2: It Takes a lot of Time

This is something we constantly hear, but consider all of the time spent “putting out fires” within your infrastructure that could have been prevented in the first place. By setting a hardware asset strategy, you can avoid last minute preparation for audits, manual inventory tasks, cumbersome processes associated with requesting new hardware, and more. While getting your ITAM strategy up and running may not be the easiest task, in the long run the ability to have a centralized place for IT ends up saving you time.

Myth #3: There’s Little to Gain from Asset Management

Hardware asset managementHardware asset management isn’t the most glamorous portion of IT, but it can impact every part of your organization. There are a great deal of benefits when implementing an ITAM strategy. Not only do you reap the benefit of being able to proactively acquire, manage, support, and decommission your hardware, you are also able to meet compliance regulations. Having a full snapshot of every piece of hardware can also allow you to anticipate EOL dates, request support contract renewals, and extend the life of your hardware, ultimately saving time and money.

Ready to get Started?

Now that we have debunked a few of the biggest misconceptions about IT asset management, you can begin your journey to a fully standardized strategy for your IT infrastructure. Don’t let any of these perceived myths stop you from the benefits of planning, managing, and protecting your environment in one place. Create a login to access our Cloud-based IT asset management tool (pictured above) to get started today.