What Is Hardware Asset Management?
The process of managing and controlling hardware devices and equipment of an organization is known as hardware asset management. Similar to IT Asset Management, in addition to tracking and monitoring, it involves optimizing the lifecycle of these assets - from acquisition to disposal.
Hardware asset management ensures efficient utilization of resources and cost optimization. It also ensures compliance with regulatory requirements.Â
Hardware asset management ensures efficient utilization of resources and cost optimization. It also ensures compliance with regulatory requirements.Â
The key components of hardware asset management include:
- Asset tracking and inventory management
- Maintenance and repair management
- Software and license management
- Risk assessment and security, andÂ
- Lifecycle planning and disposal strategiesÂ
Robust hardware asset management practices in the context of IT service management, helps streamline operations, reduce costs, and enhance productivity while making informed decisions regarding hardware assets.
