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IT Asset Lifecycle Management: Guide

Written by Shashank Mishra | Aug 5, 2024 7:51:00 PM

Do you struggle to maintain complete visibility into your IT assets? Do you have difficulty deciding what assets to purchase for future use and whether your current equipment is optimally utilized?

Well, you’re not alone. Unmanaged IT asset sprawl wastes resources poses compliance risks, and results in operational inefficiencies.

Enter IT Asset Lifecycle Management (ITALM), a strategic approach to managing the complete lifecycle of all your IT assets. It’s a practice designed to eliminate such headaches and boost organizational efficiency.

This article discusses IT asset lifecycle management (ITALM), its importance for organizations, and practical tips on implementing a solid ITALM strategy.