IT assets, what are they, how do they end up in your organization/company and how do you manage them for better perfomance and produtivity? .-IT asset is a peae of software/hardware within an IT echo system.
As an IT custodian, it is your responsibility to ensure the existing assets are useful and valuable to the organization.
ITAM is a business process to ensure that IT assets are acounted for, intergrated, maintained/upgraded and desposed effectively.
ITAM process involves five key phases:
- planning
- Developing/Acquiring
- Integration
- Maintenance/upgrade
- Disposal
plannig
This is the begining phase of introduing an asset to the echosystem. It involves strategic planning across the organization to determine what asset is needed, how to procure it, the specific way it will be used and how it will be funded. This often includes total cost of ownership estimates and a cost-benefit analysis of alternatives.
Developing/Acquiring
After planning and knowing the right asset that is needed, the next phase is the procument in which the organization build, purchase, lease or license the asset they need.
Integration
This follow the procurement phase. During which the asset is introduced into the ecosystem of the organization.It includes intergrating the asset with other components, establishing support and operations processes and specifying user access.
Maintenance/upgrade
Once the asset is fully intergrated in the echosystem and is being utilised, to maximize its value and extend its life as well as mitigate risk and reduce support costs, maintenance, repair and extensive overhauls may be necessary.
Disposal
When the asset reaches the end of its useful life, the last phase is disposal. This includes transitioning users to other resources, updating asset records, canceling support agreements, terminating licences renewals and initiating the planning for replacement asset.
proper understanding and utilization of this phases will enable a smooth running of the IT echosystem .
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