IT Asset Management
Asset Life Cycle – From Procurement to Decommissioning
All in all, software and hardware are a major cost factor for any company. A lack of transparency in the asset structure only increases this expense, particularly due to redundant investments and incorrect contract extensions.
Optimize the way your IT assets are used and managed with comprehensive IT asset management. Enjoy greater transparency and keep track of the status of all your assets with asset life cycle management.
What is IT asset management?
IT asset management (ITAM) is a program within a company that defines and implements the proper handling of IT assets. This enables the value chain to be optimized for the long term and sustainable use potential to be uncovered.
ITAM: Phases of the asset life cycle
From procurement to decommissioning or recycling – asset life cycle management helps in every phase of an asset’s life cycle.
Planning and requirements definition
Assessing and selecting assets based on a requirement identified within the organization, in line with your own, dynamically defined parameters.
Testing
Testing the potential asset for their impacts in the organization.
Procurement
Acquiring the appropriate assets on a reasonable scale for use.
Implementation
Introducing the assets procured in the intended internal framework.
Operation and maintenance
Ensuring targeted, use-oriented application of the assets introduced to resolve the defined challenge
Decommissioning
Removing specific assets from operation, for example because they are no longer economical or technically state of the art. The decision on whether to recycle or dispose of assets is based on parameters within the organization. Where the defined challenge remains, there is a transition to a new cycle with the requirement of finding a suitable successor product.
Examining whether an asset can be used for a new cycle or given a new use.
Our services in ITAM
It is important to structure and process projects in manner that it is forward-thinking to generate added value for you in the long term and prevent additional expenses from arising later down the line. Against this background, we offer you comprehensive ITAM consulting services that carefully consider both your organization and the technology chosen. We support you from tool evaluation through to operational support, staying focused on your organization's unique requirements.
How you benefit
- Harmonization, transparency, traceability
New assets are procured using a clearly defined approach and a consolidated channel. For each asset, the requirements are documented in full and the tasks and processes are defined and described in an easy-to-understand way. As a result, your assets and their dependencies are available to all stakeholders in a central location. - Cost transparency and risk minimization
The transparent, up-to-date data provide the ideal starting point for meeting both business IT security requirements and legal and contractual provisions. Existing assets undergo periodic testing so that any necessary action can be triggered in time and to optimize the use of your resources. - Strategic support
When implemented end-to-end, an ITAM program offers added value for downstream business processes – such as onboarding, incident management and change management – by providing the departments affected with all the information they need. This data enables teams to act faster and predict the potential impact of their decisions more effectively.
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