Aspera vs expedat1/8/2024 When ITAM practices are implemented, IT assets will be tracked from purchase to disposal often referred to as IT asset lifecycle management. ITAM best practices suggest that an IT asset be linked to its associated contractual and financial information so that organizations can track the overall costs associated with their IT assets.įurthermore, ITAM provides guidance to IT asset managers for creating standards, processes, policies, and measurements for the purpose of increasing control, ensuring compliance to business objectives, and reducing risk along with reducing costs. ITAM provides recommendations and best practices for managing IT assets that support the organization’s objectives. When IT asset reports are inaccurate, they expose the organization to unnecessary IT purchases, software audits, and security breaches. However, IT assets are often updated, moved, and refreshed, making it difficult to maintain up-to-date asset information. When organizations have accurate IT asset inventory reports, they are able to make informed IT purchase decisions. ITAM – IT Asset ManagementĪn IT asset refers to both hardware and software that is used by an organization to support the organization’s business objectives. Let’s explore the differences and similarities between ITAM and ITSM. The purpose and objectives of these technologies are quite different. Both technologies provide IT operational support to an organization however IT Asset Management (ITAM) and IT Service Management (ITSM) are critical for any organization that requires IT capabilities to support business objectives.
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