What is IT Asset Management?

The Foundation for Efficient IT Management

IT Operations
New Scenario

One Universal IT Asset Inventory

All IT Asset Data in One Place

The Purpose of IT Asset Management

IT asset management (ITAM) is the management of all your IT hardware, software, and networking devices. The purpose is to ensure that your IT assets are implemented, supported, upgraded, and discarded when needed. In other words, you can proactively manage any IT asset's lifecycle. IT Asset Management generally uses automation, to manage the discovery of assets, so inventory can be compared to license entitlements. It also helps you save money by tracking all your software and hardware assets in order to optimize them. Stop spending money on devices that you’re no longer using. Lansweeper is leading the next evolution of IT Asset Management – ITAM 2.0: the foundation for a modern, well-managed IT organization.

Why You Should Focus on IT Asset Management

Too often, IT assets are managed in different places by different people. The result: there is no one who has a complete overview of all assets and there is no integrated tool that centralizes all information.

Inevitably, chaos and inaccuracies crop up, which renders it impossible to make informed decisions. Just think of the manual labor that comes with spreadsheets and the human errors that inevitably follow. You spend hours inventarizing and updating your data just to end up with an inaccurate result. Fortunately, IT asset management software systems exist to do this job for you. This way, your IT staff does not have to concentrate on managing your assets. They can focus on what is most important to the organization.

Advantages of ITAM

The Current State of IT Asset Management

As new hardware and software assets are introduced into an organization’s IT infrastructure, it becomes increasingly difficult to streamline your IT Asset Management. Managing various IT scenarios has resulted in the creation of silos, making it difficult to maintain a complete, universal view.

Every time a new scenario arises, a new ad-hoc inventory would need to be created that meets the needs of that scenario. As each tool collects only the data that pertains to its particular use case (cybersecurity, SAM, ITSM, etc.) none of the ITAM datasets are complete or universally applicable.

ITAM 2.0: A Scenario-independent Approach

The next evolution of IT Asset Management – ITAM 2.0 – turns the process of creating asset inventories on its head. Rather than collecting IT asset data to meet the criteria of specific IT scenarios, we believe ITAM should be a scenario-independent endeavor, with the goal of creating a single source of truth.

The only viable solution for enabling ITAM 2.0 is one that is laser-focused on accuracy, breadth, and depth and providing complete visibility into the IT estate. In this way, organizations can create an always-accurate single source of truth to inform all IT scenarios and strategic decision-making across the entire organization.

Changing the ITAM Approach

ITAM 1.0

ITAM 2.0

Top-down for a single scenario
Bottom-up for many business outcomes
Good-enough with limited scope & quality
Active in-depth discovery across the IT estate
Siloed snapshot & one-off interpretation
Always up to date with actionable insights
Siloed data with ad-hoc exports & imports
Platform for integration & collaboration

Paving the Way to IT Asset Management 2.0

Lansweeper is helping companies elevate ITAM from a niche specialty into the foundation for a modern, well-managed IT organization. Discovering IT is our core function – not an afterthought to support specific IT use cases. We help organizations create an always-accurate single source of truth that can be leveraged to support any and every IT use case with asset management software.

To maximize the value of your IT assets, it's more crucial than ever to know your IT. However, 3 in 10 organizations report that they don’t know what assets they own, where they are located or who is using them.

Learn More About IT Asset Management

Get the White Paper

In this whitepaper, we'll explore the current state of ITAM and why it must evolve, how ITAM 2.0 enables organizations to digitally transform with confidence, and a blueprint for ITAM 2.0 based on three activities: Discover, Manage and Connect.

Watch the Webinar

Join us as we explore the ITAM 2.0 concept in-depth and demonstrate several IT use cases on a single, live IT asset dataset. IT leaders & partners share how they've put Lansweeper and ITAM 2.0 into practice.

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