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Asset Tracking Software

Definition - What does Asset Tracking Software mean?

Asset tracking software is a type of software that enables tracking the movement of IT devices, equipment and software within an IT environment.

It provides an inventory of all technology that makes up an IT environment or infrastructure and can track the location of each asset.

Techopedia explains Asset Tracking Software

Asset tracking software is used by network, system and IT administrators as a means to have a quantitative record and physical monitoring over all IT assets. Asset tracking software generally has the ability to scan the entire IT infrastructure for IT assets and compile an organization-wide IT inventory. Some of the tasks performed by asset tracking software include:

  • Software inventory management
  • Hardware inventory management
  • Network inventory management
  • Software licenses and vendor contract management
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