IT Asset Management Software

IT asset management software facilitates the monitoring and efficient management of IT assets over their entire life cycle. In this way, IT organizations ensure that all assets are optimally used and utilized, make better investment decisions and save time and costs by automating processes.

IT assets have a finite period of use, and to get the most value from them, they must be actively managed. This can be achieved with the IT asset management software from FNT. It provides a complete overview of all assets and supports the management and planning of both physical devices and intangible components. 

Highlights of FNT´s IT Asset Management Software

With FNT's IT asset management software, you can manage your IT assets throughout their entire lifecycle – from procurement to decommissioning. IT assets include not only all physical devices in the IT infrastructure, but also intangible components such as software instances, software licenses or virtualized functions.  

The IT asset management solution is based on complete documentation of all assets and their relationships and dependencies. Features such as comprehensive contract management, powerful planning functionality and efficient work order management support you in actively managing the asset lifecycle. This allows you to easily automate processes for managing your IT assets, reduce total cost of ownership and maximize the benefits of using each asset.   

Lifecycle management

Manage physical devices or intangible components such as virtual machines and software installations throughout their entire lifecycle.

Inventory management

Contains all functionalities required for efficient inventory and warehouse management. The deep integration into procurement processes supports the planning and ordering of components, which are then monitored from upgrading, replacement, removal to disposal.

Contract and software management

All software products, software installations, applications, and instances, together with the associated licenses, relationships, service contracts, and other information, can be planned, documented, and managed in a central system.

Planning functionality and work order management

Manage move, add, and change processes of physical assets with the integrated planning function. Automatically updates the database when planned tasks are executed to keep data up-to-date and accurate.

BI dashboarding and analytics

Includes a business intelligence (BI) component with predefined dashboards, dashlets and reports for fast and precise analysis of IT assets.

Work order management

Create, track, and manage work orders for changes to the IT infrastructure, for example when commissioning, maintaining and decommissioning assets. These can be efficiently controlled via process and order management and transferred directly to internal or external service providers.

Component library

The continuously updated component library includes more than 75,000 predefined devices in photorealistic representation. This allows assets to be visualized not only during the planning of commissioning, but also during operation. All devices also contain detailed technical information which significantly speeds up the recording and planning of new assets.

Out-of-the-box integration

Can be integrated out of the box into FNT'S IT infrastructure management solution and Configuration Management Database (CMDB). This means that each asset can be easily managed in terms of its configurations and relationships to other assets and configuration items (CIs). The result: end-to-end service asset management as a link between IT asset management and IT operations management.

Representation of the IT documentation tool from FNT for efficient IT infrastructure management on different end devices.

Advantages of FNT’s IT Asset Management Software

Better decision-making

Get a comprehensive overview of the lifecycle of all IT assets in your IT infrastructure. Use the new level of transparency to make better, more informed decisions on the use and procurement of assets and their respective technologies.

Cost and time savings

Centralize and standardize IT asset management in a single software. The automation of many manual processes saves time and increases efficiency. However, processes that cannot be automated benefit from a database that is always complete and correct. This significantly reduces the process costs of lifecycle management.

Optimal utilization of all IT assets

By effectively managing your assets throughout their entire lifecycle, you can make better use of the capacity of your IT assets and ensure more efficient use of resources.

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FAQ: IT Asset Management

What is IT Asset Management (ITAM)?

IT asset management (ITAM) is a concept for actively managing the valuable components of the IT infrastructure landscape (i.e. the IT assets) throughout its entire life cycle. This asset management begins during the procurement phase and continues through production, use and maintenance to decommissioning at the end of the life cycle. The basis for this is the complete documentation of all assets. 

IT assets can be both physical equipment (racks/IT cabinets, servers, active and passive network devices, end devices for workstation equipment) and intangible components (software instances, software licenses, virtualized functions). 

Why is IT Asset Management necessary?

The sheer volume of IT assets requires systematic management of increasingly complex and diversified IT asset landscapes. They also make IT asset management a strategic success factor and necessary to minimize risk. 

What role does IT Asset Management play in IT infrastructure management?

IT asset management plays an important role in IT infrastructure management. This is because it ensures that an organization's assets are documented, provisioned, maintained, updated and ultimately decommissioned. The main purpose of IT asset management is to consistently optimize the ROI of investments in IT infrastructure and to maximize the benefits of each asset. Optimization and maximization occur from consistent reduction of the total cost of ownership. IT asset management supports this by enabling:   

  • Better, more informed technology decisions 
  • Needs-based software licensing  Optimization of the life cycle of resources 
  • Reduced lifecycle management process costs 
  • Risk minimization, for example by identifying outdated software 
  • Better cost planning 

Further Downloads

Would you like to know more about IT Asset Management Software? Then you might be interested in the following:

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