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What is IT Asset Management and why is it important?

In today’s digital era, virtually all organizations, regardless of what industry they belong to, use IT technology to run their businesses. Resources like computers, computer peripherals, servers, modems and more constantly require prudent monitoring and regulation. By doing so, companies can efficiently manage and balance their expenses against their savings. This process is collectively known as IT asset management.
ITAM involves tracking IT assets to ensure that they are optimally utilized, available for use, in good condition and produce favorable results. This can be done by a variety of methods. Of all of them, the best way to manage IT assets is by using a dedicated software application. 
By implementing a good asset management strategy in your organization, you will be able to:
  • Cut down on expenditure

  • Increase savings

  • Keep track of license, insurance, warranty and AMC expiry dates

  • Increase productivity

  • Increase workflow precision
If you are looking for a robust and comprehensive IT asset management software, then I highly recommend SmartAMS. Reach out to them for a free trial today.