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According to Gartner, organizations are typically subjected to three or more software audits per year, which can pose significant challenges in controlling and optimizing software spend, particularly in the absence of a consolidated asset management platform. Additionally, as companies migrate to the cloud, they may struggle to associate costs with business value due to a lack of visibility into cloud usage and spending.
Improve collaboration and communication across IT teams by automating your IT processes, such as asset discovery, software distribution, and asset tracking, reducing the manual effort required.
Enabling you to maintain an accurate inventory of IT assets and associated data, including software licenses, hardware configurations, and maintenance schedules to eliminate unnecessary expenses related to these assets.
Minimizing the likelihood and impact of security breaches, ensuring regulatory and industry standards compliance, and avoiding costly downtime and disruptions caused by IT failures or outages.
Helping organizations make better-informed decisions, optimize resource utilization, and ensure compliance with regulatory and industry standards with real-time visibility, insights, and analytics related to IT asset management.
We specialize in monitoring and optimizing IT asset management process cycles, ensuring they remain functional and not overly customized. We provide assistance in identifying and resolving any issues that may arise during the implementation phase or in the future.
Helping you maintain a robust IT environment and preparing for potential audits by monitoring assets. A well-executed ITAM strategy should provide comprehensive tracking of financial, contractual, and inventory details for hardware, devices, and non-IT assets.
We prioritize tracking the geographical whereabouts of your physical assets. While manual tracking can be a challenging task, we configure tracking tools that help accurately trace the location of most assets, regardless of their whereabouts.
Helping you foster a new culture for asset management. We simplify the user onboarding process for you so that your teams can easily get acquainted with ServiceNow ITAM. For this, We enable regular feedback exchanges between the ITAM team and other departments.
Utilize data analytics to make informed decisions that enable effective control of both capital and operating expenses, from the planning stage to asset disposal.
Optimize asset management processes by streamlining day-to-day tasks with automation, thereby reducing manual intervention.
Leverage automated workflows to streamline license management, resulting in cost savings and ensuring compliance with licensing regulations.
With a comprehensive view of cloud services and spending across multiple public cloud providers, organizations can optimize cloud usage and reduce costs.
Simplify the process of adding or removing assets in the IT environment, reducing the time and effort required for asset management.
Automate the entire SaaS license management process to enable IT teams to easily manage license requests, approvals, renewals, and terminations.
IT Asset Management (ITAM) is a process that involves tracking, monitoring, and managing the IT assets owned by an organization. These IT assets include hardware devices, software licenses, and other technological tools that are used to support business operations.
ITAM is crucial for businesses because it helps them:
Overall, ITAM is essential for businesses to manage their IT assets effectively, reduce costs, and maintain compliance and security while improving operational efficiency.
Manually gathering and maintaining accurate IT asset data from various sources and feeding them to excel sheets is a daunting task that can become virtually impossible, even with significant time investment. Also, relying on spreadsheets to manage software assets doesn’t scale, and it’s prone to errors when multiple people update the same spreadsheet simultaneously, leading to chaos.
The situation isn’t any better with legacy asset management solutions. These tools often operate in isolation, lacking the necessary connectivity with the broader IT infrastructure. As a result, they are unable to access vital data and capabilities from other Information Technology Infrastructure Library (ITIL) systems, severely limiting their functionality.
In practice, this means that these legacy tools are often inadequate and unable to meet the demands of modern IT management.
Consolidating multiple ITAM and ITIL tools into a single platform provides a unified solution for software, cloud, and hardware asset management. This approach maximizes the value of your existing platform investment while driving down maintenance costs. This integration simplifies IT asset management and streamlines operations while providing a more comprehensive view of your IT assets.
Moreover, by managing all IT assets in one place, organizations can align software licenses and hardware purchases with actual usage, ensuring that they are not overspending or underutilizing their assets. This streamlined process provides better control over IT expenditures, improves accuracy in financial records, and enhances overall asset management.
The ServiceNow ITAM module offers a high level of customization to meet each organization’s unique needs. The platform provides a flexible framework that allows organizations to tailor the ITAM module to their specific requirements. These customizations can be done at different levels, ranging from simple configurations to more complex customizations using scripting and APIs.
Some examples of the customization options available in the ServiceNow ITAM module include the following:
ServiceNow IT Asset Management (ITAM) offers robust integration capabilities that enable organizations to connect with partner and third-party applications easily. The platform’s integration features support a range of methods, including APIs, web services, and pre-built connectors.
Here are some ways ServiceNow ITAM can integrate with your existing IT infrastructure:
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