IT Asset Management refers to the management of all IT-related resources and assets of an organization, including hardware, software, networks, data, and more. The goal is to efficiently track, manage, and optimize these resources to increase productivity and control costs.
Typical functions of software in the field of "IT Asset Management" include:
Inventory Management: Capturing and managing all IT resources, including hardware, software, licenses, contracts, etc.
License Management: Monitoring and managing software licenses to ensure compliance and optimize costs.
Lifecycle Management: Tracking the lifecycle of IT resources from procurement through utilization to disposal or decommissioning.
Patch and Update Management: Planning and deploying patches, updates, and security patches for software and hardware.
Asset Tracking and Location Monitoring: Tracking the locations of hardware resources and remote device management.
Contract Management: Managing service contracts, maintenance contracts, and license agreements with suppliers and vendors.
Reporting and Analysis: Generating reports and analyses on usage, costs, compliance, and performance of IT resources.
Security Management: Monitoring and implementing security policies and measures for IT resources, including vulnerability management and threat defense.