What Is IT Asset Management?
IT Asset Management (ITAM) is a set of business practices that enables enterprises to track, deploy, maintain, update, and discard a company’s IT assets. An IT asset is any valuable technology element that helps your business run. This could be hardware, such as laptops and field equipment, software such as licenses or cloud services, or digital assets like media and digital content.
In addition to tracking a wide range of asset inventory, ITAM focuses on the financial value and risk of an asset. It combines financial, inventory, contractual, and risk management responsibilities so businesses can manage the overall life cycle of their assets in order to aid in tactical and strategic decision making.
What Is Servinow ITAM?
ServiceNow IT Asset Management (ITAM) is a product within ServiceNow’s IT Workflows solutions that automates the end-to-end lifecycle for software, hardware, and cloud assets—on one platform.
The application incorporates the physical, technological, contractual, and financial aspects of managing IT assets. ServiceNow leverages automated workflows to assign asset requests, record maintenance activity, and prompt assessments throughout as asset’s lifecycle. The application provides an ITAM data repository that works in conjunction with your configuration management database (CMDB), eliminating the challenges of data integration, normalization, and reconciliation.
ServiceNow Asset Management also works hand-in-hand with ServiceNow’s IT Service Management (ITSM) applications to provide better control of inventory and improve service delivery.
The Benefits Of ServiceNow IT Asset Management
With ServiceNow ITAM, you can optimize the cost of your assets while also reducing risk and automating workflows to seamlessly integrate various departments into the asset management process.
With ServiceNow ITAM you can:
Gain visibility
into asset estate to improve decision making, optimize asset utilization, and deliver better services
Reduce IT costs
by automating processes and tracking expenses throughout the entire asset lifecycle
Mitigate risk
by enforcing asset policies and compliance requirements
ServiceNow ITAM Applications To Implement For Your Business
TEXARION's ITAM solutions deliver the best-in-class ITAM for your business. Deployed over ITAM ServiceNow, you can now deal with software compliances, mamage hardware assets, best visibility to your IT teams.
Optimize software, hardware, and cloud costs while reducing risk. Automate workflow action from a native CMDB, the central system of record for IT.
Software Asset Management
Software Asset Management (SAM) enables businesses to track their organization’s software assets throughout their lifecycle from deployment to retirement. SAM is particularly important for maintaining software licenses and managing legal risks related to software ownership and expiration, ensuring that corporations follow ethical and technical software compliance regulations.
Hardware Asset Management
Enterprises have a lot of IT hardware to manage from laptops to monitors, phones to printers, servers to projectors – the list goes on. Hardware asset management enables companies to track where these assets are, how they are being used and by whom, what they cost, and the value they deliver to the organization.
Cloud Insights
Gain visibility into your cloud infrastructure to manage resources, IT spend, and risk.
