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IT Asset Management (ITAM)

IT Asset Management (ITAM)

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What is IT Asset Management (ITAM)?

IT Asset Management (ITAM) is the set of business practices that join financial, contractual and inventory functions to support life cycle management and strategic decision making for the IT environment. IT assets include all elements of software and hardware that are used in a business, including computers, mobile devices, software licenses, and network equipment. ITAM is commonly used to optimize costs, reduce risks, improve decision-making, and ensure compliance with regulations and contracts by tracking, managing, and protecting IT assets throughout their lifecycle.

What other technologies are related to IT Asset Management (ITAM)?

IT Asset Management (ITAM) Complementary Technologies

ITSM focuses on managing IT services, while ITAM focuses on managing IT assets. These are related but distinct, making ITSM complementary to ITAM. Good ITAM practices provide data and insights that enhance ITSM processes like incident and change management. ITAM enables ITSM to effectively track, manage, and optimize the lifecycle of IT assets used to deliver IT services.
mentioned alongside IT Asset Management (ITAM) in 9% (52) of relevant job posts

Which job functions mention IT Asset Management (ITAM)?

Job function
Jobs mentioning IT Asset Management (ITAM)
Orgs mentioning IT Asset Management (ITAM)

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