IT asset management benefitsIT asset management (ITAM) is usually an afterthought, falling between the cracks of purchasing, managing, and decommissioning hardware. But what if ITAM could help you do all of these things? If you missed part 1 of this blog check out 4 other reasons to care about IT asset management.

These reasons make it easier to move your IT department from an improvised, on-the-fly approach to a carefully planned one, which can help you make more informed decisions about your IT infrastructure. So, what are some other reasons to care about IT asset management?

Asset Recovery

While services like third party support can extend the life of your hardware, there will come a time when you will want to make a change within your IT infrastructure. Whether it’s moving a mission-critical system to a remote office or testing environment, having an asset management strategy helps track any changes or redeployments as well as any spare parts.

Mitigating Risk

Working in any IT function means preparing for the worst and ultimately, reducing or preventing it. ITAM can help identify any risks that could impact your company down the road. This gives IT managers the ability to employ more proactive solutions to avoid any issues.

Lifecycle Planning

When vendors speak about lifecycle planning, it’s usually pertaining to third party maintenance and ways to extend the life of your hardware, but lifecycle planning comes into play way before that. Once you acquire a new asset it is beneficial to start tracking it then. By having an accurate acquisition history for your entire data center, you can start forecasting. This means you’ll be able to identify and predict IT trends based on your needs and budget.

Increase Accuracy

We’ve said it time and time again, keeping track of every piece of hardware within an enterprise can be tough. However, with a solid asset management strategy it becomes easier to tell when something is lost, missing, or stolen. This could be for any number of reasons, but what’s important is identifying and decreasing those types of vulnerabilities.

Ready to start tracking your assets?

It may seem like this is a big project to undertake, not to mention it’s constantly evolving, but most IT shops have all the information needed to get started. Once you gather all of the data from multiple places and put it in a unified format, you’ll find that the process gets easier moving forward. Need help getting started with asset management? Check out Reliant10x to use our personal cloud-based platform, or reach out by giving us a call at 1.877.227.0828.