Information Technology Asset Management

What Does Information Technology Asset Management Mean?

IT Asset Management (ITAM) is a type of business management that is directly tied to an enterprise’s IT infrastructure. With ITAM, professionals review the an organization’s total business hardware and software inventory and make comprehensive decisions about sourcing, use and all other aspects related to an asset lifecycle.

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Techopedia Explains Information Technology Asset Management

ITAM is essentially a form of business process management (BPM) that focuses on the overall deployment, use and lifespan of products, rather than other IT management components. ITAM managers are responsible for maintaining control over inventory and ensuring that business assets fit the organization’s operating needs. Other ITAM goals include compliance with industry standards, best practices for environmental usage and efficient asset reuse or purchases.

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Margaret Rouse

Margaret Rouse is an award-winning technical writer and teacher known for her ability to explain complex technical subjects to a non-technical, business audience. Over the past twenty years her explanations have appeared on TechTarget websites and she's been cited as an authority in articles by the New York Times, Time Magazine, USA Today, ZDNet, PC Magazine and Discovery Magazine.Margaret's idea of a fun day is helping IT and business professionals learn to speak each other’s highly specialized languages. If you have a suggestion for a new definition or how to improve a technical explanation, please email Margaret or contact her…