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Realize the full value of your IT investments: Hardware asset management
For some IT teams, the status quo for managing IT hardware is just to track asset data via spreadsheets. However, when managing those assets is not automated or integrated with other business systems, the opportunity to reduce costs and generate revenue is lost.
Every organization with physical IT assets has a hardware lifecycle—by default. Yet it’s not uncommon for organizations to purchase new assets even as their existing assets have not been fully used. But why leave money on the table? Using business process automation, hardware asset management (HAM) can help you realize the maximum worth of your existing IT investments.
Effective HAM provides complete end-to-end asset visibility, accurate insights to reduce asset costs and risk, and automated asset workflows to ensure an effective hardware asset management lifecycle. Having a solid understanding of the asset lifecycle is fundamental to effective asset management within your organization. By examining the seven stages of the lifecycle—and incorporating automation—you can optimize workflows, gain valuable insights, and capitalize on opportunities to maximize asset value.