Posts Tagged ‘IT Asset Management’
ITAM vs. ITAD: What’s the Difference, and Why Should You Care?
Two acronyms get thrown around in IT circles like they mean the same thing. They don’t, and understanding where one ends and the other begins can save you a lot of headaches, and a little money, down the road. What ITAM actually covers IT Asset Management is the practice of tracking and optimizing your hardware…
Read MoreOver-Provisioning vs. Asset Utilization – Finding the Balance
Introduction When it comes to managing IT hardware, two terms often come up in executive conversations: over-provisioning and asset utilization. At first glance, they may seem like different issues, but they’re really two sides of the same coin. Over-provisioning drives costs up while dragging utilization down. Finding the right balance is key to maximizing value…
Read MoreThe Importance of IT Asset Management in Modern Enterprises
Introduction In today’s fast-paced, technology-driven business environment, managing IT assets effectively is more important than ever. Proper IT Asset Management (ITAM) can not only reduce operational costs but also enhance efficiency and support sustainability initiatives. With businesses increasingly relying on technology to drive growth, ITAM plays a critical role in ensuring that assets are properly…
Read MoreMaximizing Value Through IT Asset Trackability
In today’s rapidly evolving technological landscape, organizations depend on efficient IT asset management to maintain productivity, security, and cost control. However, many companies struggle with gaps in their IT asset tracking, leading to inefficiencies and potential risks. Understanding the benefits of comprehensive IT asset trackability can unlock significant value for businesses, ensuring they maximize the…
Read MoreConnect 4: Bringing Together the Right Departments for ITAM Success
Connecting the Dots This past Christmas, my six-year-old son got a few “old fashioned” board games from his grandparents. Soon, the one getting most wear and tear was that classic favorite, Connect 4, the game where you have to align four checkers in a row in any direction, on a vertical board. When we first…
Read MoreHidden Savings
I have this recurring dream that I wouldn’t quite call a nightmare…but I’ll let you decide. The dream is that I’ve died (happily) of old age, but, somehow, I’m in the room watching my attorney read my will to my family. He opens a file, sorts through some paperwork, shifts down his glasses, and soberly…
Read MoreSave 3% to 5% of Your IT Hardware Budget by Centralizing Receiving and Deployment
While some business operations work well when they are decentralized, receiving and deploying IT hardware isn’t one of them. Decentralized receiving leads to all kinds of problems, including: Lack of control and consistency in recording new inventory Ongoing tracking and accuracy problems if hardware isn’t captured at the start Overprovisioning of hardware and software…
Read MoreThe Vendor’s Perspective to Improve IT Vendor Management
I read a recent Gartner report on 3 Steps to Improve IT Vendor Management and decided to add my two cents. As an ITAM managed services provider, I know a thing or two about the topic, too. You need IT vendors According to Gartner, “Relationships with strategic vendors are increasingly key to business performance.” I…
Read MorePeter Drucker’s 5 most important questions for every IT leader
Peter Drucker was one of the most influential business thinkers in the 20th century. He worked with many of the captains of industry including Jack Welch of GE; Alfred Sloan of General Motors; Tom Watson of IBM; Bill Hewlett and Dave Packard of HP; and many others. His ideas are still foundational to our best…
Read MoreLifecycle Best Practices: Maximize Hardware Resale and Ensuring Proper Disposal
IT assets are like new cars – they begin depreciating from the first day. Still, there often is some value left when it comes time to retire your hardware. While maximizing that remaining value is important, it’s not the only consideration: Security and compliance also must be maintained. Effective ITAD is less about sales…
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