As modern businesses have grown to depend on their IT environments, it has become more important than ever to accurately gather detailed hardware and software inventory information to support life cycle management and strategic decision making.
Businesses that keep track of their IT assets can avoid unnecessary purchases, use their existing systems more efficiently, and keep up with the rapid pace of technological progress. Modern technology can be highly transformative and growth-promoting, but it can also be a source of worry and difficulties. The right asset management system is often the difference between long-term success and stagnation.
Your IT asset management should involve tracking of both software and hardware assets. With the proliferation of the Software as a Service (SaaS) licensing model, even small businesses often juggle expirations of multiple licenses, potentially facing legal risks should they violate their license agreements.
Asset management software can pro-actively ensure license compliance and enable businesses to optimize their license expenses. It can also automatically discover hardware assets to enable informed decision-making and better utilization of existing assets.