Benefits of Technology Asset Management

2007-03-22 16:46:53

( Computers )



Technology asset management is the process of regulating a technological procurement from the time of purchase to time of decommission. Implementing a technology asset management system does not only help you keep track of all of your company’s assets; it also helps you attain smoother business operations in general.

A clear inventory is a good result of technology asset management. An inventory management system is often subdivided into different categories. Supplies inventory management and computer inventory management are just examples of inventory management systems. Inventory management software is usually used by businesses to attain an outstanding inventory. Thus, it is very understandable that once you’ve learned how to manage your technological assets, an excellent inventory system is sure to follow.

A better software asset management is basically a part of excellent technology asset management strategies. A good software asset management system results to software standardization and license compliance. Thru software management you can recognize the strengths and weaknesses of your current software. As a result, you can standardize or upgrade your system to a much productive and efficient one. As a bonus, asset management makes sure that you do not fail software license compliance audits.

Technology asset management is also a huge step to becoming cost effective. This process helps you monitor and control the use of your technological investments. Asset management reduces the occurrence of stagnant or unused equipments and the occurrence of overused equipments. Thru this, you can ensure that your investments on advance equipments and software are earning money for you and not becoming liabilities.

Finally, technology asset management helps you do damage control during unexpected occurrences like fire and theft. This is especially helpful if your technology asset management software is lodged on a remote server.

Thus, even if your offices or your facilities are severely damaged, you will still be able to access updated and accurate information on how much the catastrophe cost you in terms of information technology infrastructure. This means that you will be able to present your insurance company with accurate data on losses, and you will also be able to give the courts the same information if the incident leads to legal action. Moreover, technology asset management will also help you decide on what to get as replacements and where these replacements can be purchased.


All rights Reserved © Tradenet Services srl
Do not duplicate or redistribute in any form.