What is IT Asset?

An IT asset is classified as any company-owned information, system or hardware used in business activities. The IT asset management process typically involves gathering a detailed inventory of an organization's hardware, software and network assets and then making informed business decisions about IT-related purchases and redistribution. An information technology (IT) asset is any piece of […]

What is IT Asset Management (ITAM)

IT asset management (ITAM) is the end-to-end tracking and management of IT assets to ensure that every asset is properly used,maintained, upgraded and disposed of at the end of its lifecycle. IT asset management (ITAM) is a set of business practices that combines financial, inventory and contractual functions to optimize spending and support lifecycle management […]