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All issuesVolume 300, Issue 3IT NewsOperations

Top Reasons To Invest In An IT Asset Management System

Solutions Review, March 16th, 2023

In today's fast-paced and constantly evolving post-pandemic world, organizations continue to recognize the importance of effectively managing their physical and software assets. Enterprise Asset Management (EAM) tools have allowed organizations to track and trace their asset portfolio, monitor inventory levels and ensure that assets are used effectively and efficiently. These results have shown cost savings through reduced downtime and more efficient utilization of resources.

However, beyond traditional EAM systems, many organizations, from manufacturing and business to school systems, are implementing IT Asset Management (ITAM) systems and reporting impressive results in their operations. ITAM ensures an organization's assets are accounted for, deployed, maintained, upgraded, and disposed of when the time comes. Simply put, it's about ensuring that an organization's valuable items, tangible and intangible, are tracked and used.

For example, located north of Minneapolis, the St. Francis school district encompasses over 700 employees and 4000 students from kindergarten to senior high. Situated away from the city center, the district is spread across eight buildings that unite the surrounding suburban communities and takes pride in being the heart of community life. Its relentless focus is streamlining operations and leveraging technology for an excellent learning experience.

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