Asset Management

The purpose of the IT asset management practice is to plan and manage the full lifecycle of all IT assets to help the organization maximize value, control costs, manage risks, support asset lifecycle decision making and meet regulatory and contractual requirements. Asset management has long been an established practice in every organization, it includes the acquisition, operation, care and disposal of organizational assets. The scope of asset management can include software, hardware, networking, cloud service, and client devices, it may also include buildings or data-level assets (dependent upon financial value). Successful IT Asset management can reduce costs and avoid regularity penalties.