April 18, 2019

Everything You Need to Know About IT Asset Management

It’s critical for businesses to pay sufficient attention to IT Asset Management in order to ensure operational readiness, optimize spending, and support lifecycle management and strategic decision-making.
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Network Inventory Advisor
Automatically collect all relevant data on all network devices and get detailed OS and devices statistics.
Network Inventory Advisor for Windows scans Windows, Mac OS X, Linux computers and SNMP devices, any of them will count as a node.

Businesses can thank modern technology for how productive they’ve become. In most work environments, technology is everywhere. Employees work on desktop computers, use mobile devices to remain productive even on the go, make phone calls over the internet with VoIP telephones, and print documents using networked printers, copiers, and fax machines.

When technology works, everything is wonderful, but experienced network administrators know that it’s only a matter of time before something breaks. That’s why it’s critical for businesses to pay sufficient attention to IT Asset Management.

What Is IT Asset Management?

IT Asset Management (ITAM) is “a set of business practices that incorporates IT assets across the business units within the organization,” explains the International Association of IT Asset Managers (IAITAM). “It joins the financial, inventory, contractual and risk management responsibilities to manage the overall lifecycle of these assets including tactical and strategic decision making.”

In a narrower sense, IT Asset Management is the practice of cataloging all IT and non-IT assets, typically using IT Asset Management software tools such as Network Inventory Advisor. Such tools play an important role in IT Asset Management today because they make asset inventorying a matter of a few clicks and minutes, allowing IT staff to use their time more efficiently.

“Using IT Asset Management software tools play an important role in IT Asset Management today”

The key goals of IT Asset Management include corporate security policy enforcement, continuous productivity improvements by deploying technology to support various user and business needs, and the reduction of hardware and software costs by optimizing asset utilization.

IT Asset Management has a number of short- and long-term benefits. First and foremost, it brings visibility to complex networks and makes it much easier for network administrators to troubleshoot problems. For example, when a network administrator receives a support ticket describing system slowdowns, he or she can look up the person’s computer in an IT Asset Management tool and remotely see that the computer doesn’t have enough free storage space.

What’s more, some IT Asset Management tools are pro-active and can send alerts when they detect a problem on the network. Employees who work for companies that use such IT Asset Management tools never have to submit support tickets in the first place because network administrators can react well in advance before problems occur.

Last but not least, IT Asset Management helps with auditing and compliance. Modern businesses rely on a combination of traditional and cloud-based software solutions, and it’s very hard for them to know that they have the right number of licenses for installed software without the help of IT Asset Management software. Fortunately, excellent paid and free IT Asset Management software solutions are readily available, making it very easy to start with IT Asset Management.

How to Start with IT Asset Management?

IT Asset Management that means a lot of different things to a lot of different people. That said, every IT Asset Management effort should take into consideration the following three asset types:

  • IT assets: An IT asset is a physical device used in the course of business activities that falls under the responsibility of IT staff. Examples of IT assets include computers, servers, routers, scanners, fax machines, printers, modems, hubs, and various Internet of Things (IoT) devices.
  • Non-IT assets: A non-IT asset is a physical device used in the course of business activities that doesn’t fall under the responsibility of IT staff. Examples of non-IT assets include chairs, file cabinets, vehicles, but sometimes also telephony and others.
  • Software assets: A software asset is any software application within an organization. Software assets create the need for software license management, whose purpose is to help businesses control and document where and how the company’s software assets are able to run in order to ensure compliance with software licenses.

All of this may seem like a lot at first, but the reality of IT Asset Management is much simpler thanks to modern IT Asset Management software such as Network Inventory Advisor.

Editor’s choice 2019
Network Inventory Advisor
Automatically collect all relevant data on all network devices and get detailed OS and devices statistics.
Network Inventory Advisor for Windows scans Windows, Mac OS X, Linux computers and SNMP devices, any of them will count as a node.

IT Asset Management with Network Inventory Advisor


Network Inventory Advisor is a popular IT Asset Management tool with support for IT, non-IT, and software assets. It’s designed to help companies of all sizes automatically collect all relevant data on all network devices and get detailed OS and devices statistics in a matter of minutes, not days and weeks.

Network Inventory Advisor can remotely scan for CPU, memory, system, audio & video, peripherals, and other hardware details, generating comprehensive and fully customizable reports for planning, troubleshooting, and communicating with stakeholders.

All Windows, Mac, and Linux nodes are fully supported, and the same is true for SNMP Version 1 and 2C network devices. Because Network Inventory Advisor is a multi-network IT Asset Management tool, network administrators can use it to manage multiple networks and seamlessly switch between them with a simple click.

Network Inventory Advisor

With Network Inventory Advisor, you will find it much easier to adhere to IT Asset Management best practices and comply with the various official standards for IT Asset Management established by the International Standards Organization (ISO), an international standard-setting body composed of representatives from various national standards organizations, including ISO/IEC 19770-1, ISO/IEC 19770-2, ISO/IEC 19770-3, ISO/IEC 19770-4, and ISO/IEC 19770-5.

Network Inventory Advisor offers a free 15-day trial, and its flexible pricing can accommodate any number of nodes, from just a few to thousands. Any license purchased can be used for personal and commercial needs and every purchase is a one-time payment without hidden fees or subscriptions of any kind, making Network Inventory Advisor an easy choice for all businesses that would like to step up their IT Asset Management game and gain the visibility they need to grow and succeed.

Editor’s choice 2019

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