To have comprehensive visibility into your IT assets, you have to have accurate data about them. Putting together the right collection of data about your IT assets may require resolving inconsistencies, and digging through a lot of irrelevant information, but it’s worth the effort. With data-driven IT asset management, decisions about planning, licensing, procurement, and governing are more straightforward. Also, less effort is wasted or duplicated.
IT asset management is far more than a big inventory of all your hardware and software. It’s a key to developing a competitive edge and to working more efficiently throughout the organization.
Pain Points in Today’s IT Asset Management
For many organizations today, however, IT asset management is overly complicated, splintered across departments, and fragmented, with several partial solutions cobbled together trying to make sense of it all. But the right choice in IT asset tracking software can make all the difference. Without great IT asset tracking software and organizational support for data-driven IT asset management, risks include:
• Not knowing what IT assets you have
• Increased security risk due to not fully knowing the IT asset landscape
• Less alignment between IT and the business overall
• Unnecessary complication
• Higher costs
• Less-informed decision making
What’s Holding Back Progress?
In some organizations, a motley collection of network discovery tools, asset management tools, and manual processes keep information locked up in stovepipes and unable to provide insights that benefit the organization. IT asset tracking software that doesn’t integrate with other IT service management tools causes duplicated effort and increases the risk of inaccurate data being used in decision making. Inconsistencies between data from disparate sources lower the overall quality of data about IT assets, and IT asset management based on bad data can result in bad decisions and security risks that are higher than necessary.
What Is Data-Driven IT Asset Management?
Data-driven IT asset management has some key characteristics:
• It’s consolidated and standardized across the organization
• It contains accurate data along with meta-data from trustworthy sources
• It allows access to data on IT assets by those who are affected by it, including key parties outside the IT department, such as HR personnel who need to supply new hires with hardware and software
With it, your IT asset management program provides the accurate and complete data the organization needs in order to make smart decisions and drive the best outcomes.
What Data-Driven IT Asset Management Can Do
Data-driven IT asset management allows you to know exactly where any asset is in its lifecycle in real time so you can more easily determine whether the asset is delivering its intended value. This information lets you plan updates, replacements, and budgets more effectively and with more intelligence.
With data-driven IT asset management, you can manage software license compliance and better track compliance with security policies, privacy policies, and regulatory requirements affecting your organization. You can more easily envision relationships among hardware, software, licenses, users, and organizational departments, building a comprehensive picture of what your IT assets are and what they are doing for the organization.