Organizations employ multiple information technology (IT) assets at a time, from hardware and software to networks and data. IT asset management (ITAM) using the best IT asset management software (or IoT asset tracking software) helps deal with these components by recording and tracking each one, which helps reduce costs, mitigate risks and maximize technology investments. To better implement ITAM, it’s a good idea to follow IT asset management practices–one of which is to take a lifecycle approach to implementation. This starts with understanding the key stages of the ITAM lifecycle: planning, acquisition, utilization, maintenance, and renewal or disposal. What is…
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