Hardware Asset Management

What Does Hardware Asset Management Mean?

Hardware asset management (HAM) is the process of managing the physical components of computers, computer networks and systems. This begins with acquisition and continues through maintenance until the hardware’s ultimate disposal. This is often handled by a HAM that must be familiar with the different hardware used by the organization and must interface with other management disciplines.

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Techopedia Explains Hardware Asset Management

Hardware asset management is a subset discipline of IT asset management, which deals specifically with the hardware portion of IT assets. Common practices in this role include the request and approval process or simply procurement management and hardware life cycle management, which include maintenance, redeployment and disposal management.

The discipline is responsible capturing the financial information regarding all hardware assets and life cycles, which then aids the organization in making informed decisions based on measurable financial objectives.

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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…