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Pocket CIO - The Guide to Successful IT Asset Management by Phara Estime McLachlan

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How does ITAM help?

When it comes to achieving cost savings and increased efficiencies and maintaining regulatory compliance of your IT assets, ITAM is essential, but as a strategic initiative, a sound ITAM strategy enables you to accomplish the following objectives:

  • Accurate asset tracking
  • Effective IT asset management
  • Effective software asset management
  • Efficient asset disposal
  • Timely asset replacement
  • Risk mitigation (for example, around software compliance, patch management, antivirus, and many more)
  • Cost reduction

However, ITAM involves more than accomplishing these objectives. Your strategy must be broad enough and sound enough to include other necessary asset management objectives, such as contract management, license compliance, ...

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