The International Association of Information Technology Asset Managers (IAITAM), answers the question, “What is IT Asset Management?” by defining ITAM as, “a set of business practices that incorporates IT assets across the business units within the organization.”
ITAM includes a review of current software and hardware used, ensures licensing compliance, and tracks how IT assets are being used and where changes may be needed. An ITAM audit may save you money by identifying software for which you are over licensed or an IT asset you are spending money on, but no longer using.
Is ITAM new?
No. ITAM has been around as long as IT has. The tools back in the day were just a lot simpler, for example back in the HEAT for Windows days in the mid 1990s, I developed Asset Tracking Systems for many clients such as Purolator Courier Services in Canada. Those Tracking Systems basically evolved over time, ITIL in the 1990s introduced the Configuration Management Database (CMDB), and in the last couple years we have seen some great enhancements again, and with that moved away from the term CMDB and started using ITAM.
Ivanti Asset Manager
IAM includes Hardware Asset Management, Software Asset Management, License Reconciliation, and Barcode Scanning and complements Ivanti Service Manager or runs stand-alone.
Where to next?
Simply put, Ivanti IT Asset Management (ITAM) goes beyond the old CMDB (Configuration Management Data Base) and offers an inventory of “What we think we have” versus “What we know we have“, that is “What was discovered”, and tools to make informed decisions, audit, reconcile and redistribute hardware and software assets.
Word of caution, out of the box, Ivanti Service and Asset Manager do offer you some basic configurations, however you will want to contact a seasoned Ivanti Consultant to implement the latest solutions that fit your company’s overall strategy, business processes, and roadmap.