IT Asset Management

Business Mar 1, 2025 4 Add to Reading List

IT Asset Management is the process of tracking and managing an organization’s IT assets throughout their lifecycle—from procurement to retirement. These assets include hardware (laptops, desktops, servers, mobile devices), software (licenses, subscriptions, applications), and cloud-based resources. By implementing a structured ITAM strategy, businesses can improve efficiency, minimize downtime, and reduce unnecessary spending.

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IT Asset Management is the process of tracking and managing an organization’s IT assets throughout their lifecycle—from procurement to retirement. These assets include hardware (laptops, desktops, servers, mobile devices), software (licenses, subscriptions, applications), and cloud-based resources. By implementing a structured ITAM strategy, businesses can improve efficiency, minimize downtime, and reduce unnecessary spending.