Economy is not in your control, your organization’s operation costs are! The economy curve isn’t exactly going north and it is important for you, as an asset manager, to contribute for reducing operations cost. In a recent article by Gartner titled “10 Key Actions to Reduce IT Infrastructure and Operations Costs by as Much as 25 Percent”, one of the key steps mentioned was IT Asset Management (ITAM). “ITAM by itself doesn’t reduce I&O costs; however, it is a very effective tool to identify and assess cost reduction opportunities.” IT Asset management is not only a business practice of discovering and monitoring the assets, it encapsulates much more than that – cost monitoring, history, contracts management, notifications, software asset and license management, to name a few
