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What is IT Asset Management?

Your IT assets are systems, software, and hardware that your business uses to function on a daily basis. Managing these assets are an important part of an organization’s strategy and can require an IT asset manager or management technology. It usually involves gathering detailed inventory information to make decisions about purchases and redistribution. Management software can help systems work more efficiently, helping the business save valuable time and money by avoiding unnecessary asset purchases. 

Some people consider digital asset management to be the lynchpin between finances and services to change or improve a company. There are many benefits to managing your IT assets other than saving time and money. By using an IT asset manager, you can increase the visibility and control of the assets, improve utilization, comply with audit and regulatory requirements, and support organizational changes and projects. 

Last Updated: December 13, 2018

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