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IT asset management (ITAM): A centralized approach to managing IT systems and assets

September 11, 2019

Via: CIO

IT asset management (ITAM) comprises practices and strategies for overseeing, managing and optimizing company-owned IT systems, hardware, processes and data. As part of an ITAM strategy, IT departments implement, track and maintain IT assets, and assess whether those IT assets require optimization, can be replaced with a less expensive option or be upgraded to a newer technology. Fostering these deeper insights into your organization’s IT assets helps IT executives visualize the ROI on IT assets and deliver data to other key stakeholders on how those assets directly benefit the company’s business goals.

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