What is IT Asset Management? IT Asset Management (ITAM) involves tracking and managing the physical and digital assets of an organization to optimize spending and support lifecycle management and strategic decision-making. VIBRYN’s IT Asset Management services help businesses maintain an organized inventory of their IT assets to ensure operational efficiency and compliance.
Benefits of IT Asset Management
- Cost Savings: Helps in reducing unnecessary asset purchases and managing software licenses efficiently.
- Risk Management: Reduces risks associated with the use, ownership, and disposal of IT assets.
- Strategic Planning: Provides valuable data for IT forecasting and future investment planning.
The Future of IT Asset Management Future trends in ITAM include greater integration with IoT devices and blockchain for improved asset tracking and management.
Fun Fact The barcode, an essential tool for asset management, was first scanned on a pack of Wrigley’s gum in June 1974.
