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IT Asset Management

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**IT Asset Management**

What is IT Asset Management?

IT Asset Management (ITAM) is the practice of tracking and managing an organization's IT assets throughout their lifecycle. This includes hardware, software, and network components. ITAM helps organizations control costs, reduce risks (such as security vulnerabilities and compliance issues), improve efficiency, and make informed decisions about IT investments. It typically involves processes for asset procurement, deployment, maintenance, utilization monitoring, and disposal.

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