Hardware Asset Management

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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
Senior Editor
Margaret Rouse
Senior Editor

Margaret 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 IT definitions have been published by Que in an encyclopedia of technology terms and cited in articles by the New York Times, Time Magazine, USA Today, ZDNet, PC Magazine, and Discovery Magazine. She joined Techopedia in 2011. Margaret's idea of a fun day is helping IT and business professionals learn to speak each other’s highly specialized languages.