For any IT infrastructure manager, the IT asset lifecycle management (ITALM) process can be complex. Yet it’s a crucial component of the operational and financial success of any company. ITALM helps you:
There’s a lot to consider across the five stages of ITALM:1. Procurement:
To know what hardware needs to be replaced or how many software licenses you need to buy:
Once all assets are fully deployed, continue tracking them to understand:
Keeping track of equipment that is nearing end-of-life or lease expiration will improve budget forecasting, resource planning, and coordination with programs like annual Windows Servicing.
5. E-waste disposal:
To comply with legal, environmental, and corporate policies you’ll have to group assets into types and define your IT Asset Disposition (ITAD) process for each group:
In an ideal world, all equipment would reach end of life at the same time to make the ITALM process easier. But changes to the business, new-hires, department initiatives, and various lease cycles for equipment make that impossible. Traditionally, most of the work is completed manually including:
Accurately tracking your company’s assets and making informed decisions can be an uphill battle, requiring huge investments in time, and budget, and resulting in major headaches for multiple team members. Manual processes are prone to human error meaning you can never be sure you are basing your decisions on accurate or even up-to-date information. Bad data can delay the process and cause you to go over budget.
By leveraging automation for all your repetitive tasks, you can cut the time, cost, and risks associated with managing your asset lifecycle program as an ongoing process.
With ReadyWorks you can:
Want to leverage automation to reduce OpEx by 50% or more and eliminate 90% of costly procurement errors? Schedule a demo with ReadyWorks.