That single fact may make your IT asset-management efforts the most important initiative at your business. Depending on the particulars of your IT estate, your IT assets power most or all of your asset-management tools and services, including the tools and services used to manage the IT estate itself. As your business grows and changes, you’re guaranteed to need more asset management than pencils, pens, and paper. Whatever the size of your business, IT has assets that must be managed. The continuing evolution and escalation of cybersecurity threats puts increasing pressure on IT asset and cybersecurity managers at companies of every size and type. There are even criminals selling “malware-as-a-service” packages at prices based on the number of systems to be targeted and compromised. Those attacks are increasing in number and sophistication. While larger companies may have more asset-management resources, they are still subject to cyberattacks, as media coverage reports almost every month. More alarming, as many as 60 percent of those businesses close their doors within six months of being attacked. The Alliance found almost 50 percent of small businesses have experienced a cyberattack. How big is that risk? During May 2017, Inc.com published “60 Percent of Companies Fail in 6 Months Because of This (It’s Not What You Think).” That article is based on research from the National Cyber Security Alliance. More fundamentally, your business runs on its IT estate, so failure to manage those assets effectively can put your business at risk. IT also powers the tools your business uses to deliver reports on the status of those assets to auditors, regulators and internal decision makers Your business uses IT-powered tools to manage all of its other assets, especially financial. How Are IT Assets Different?Įffective asset management is particularly important for IT assets, including laptops, PCs, data centers and cloud deployments, among others. Poorly-managed assets can’t deliver maximum business value in fact, they can even disrupt or entirely halt business operations. No wonder, then, business leaders have made asset management a priority since the earliest days of commerce itself.Īll your business assets are critical to some task, process or goal, so effective asset management is essential for operational and financial reasons. In highly capital-intensive businesses, hours or days spent locating missing assets or repairing or replacing those that are broken can result in huge costs. Your entire business performance relies on consistent availability, deployment, maintenance and repair of its most critical assets. Your supply chain simply cannot function without it. To maximize their value, critical assets must be effectively managed.Įffective asset management is critical to every business. The most critical business assets affect business performance. Ideally, your IT assets are working in harmony to help manage your inventory in concert with the management of your other critical assets.Īlmost everyone at your company would agree: The inventory of your business’ products is just one set of the assets that provide the opportunity to operate as a commercial establishment. All assets, however, must be managed if a business is to succeed.Īsset management is sometimes confused with and related to, but different from, inventory management. Other resources may or may not be considered business assets as well, depending on the specific business.
The growth of mobility and business use of personal devices continue to expand the definition of “IT asset” to include smartphones, tablets, smart watches, personal fitness monitors, etc.Īll of these are business assets, and each has its own critical level of importance and value.
#SERVER ASSET MANAGEMENT SOFTWARE#
Any hardware, software or information your business uses can be considered an IT asset.
To IT, assets range from servers to cloud-based services to Internet of Things (IoT) devices, such as “smart” speakers or breakroom appliances. To your human resources (HR) department, people are primary assets while your security team considers human (or robot) guards, keycard entries and firewalls, physical and software-based, as assets. Your business assets are of other forms too.
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