Today, organizations are chartered to continually increase the level of service provided while adhering to compliance requirements and effectively managing risk and reducing costs.
Unfortunately, the importance of effective IT Asset Management is usually only realized after a failed compliance audit or a service outage.
Decisions made at each stage of the IT Asset Management (ITAM) Lifecycle carry business, financial and technological risks and challenges. Implementation of a successful IT Asset Management Program requires consideration of the people, process and technical capability needed for end-to-end Lifecycle support.
Businesses often lack the resources and knowledge required to plan, implement, and execute a pragmatic approach to IT Asset Management (ITAM), particularly while taking into account the four primary stages of an ITAM Lifecycle:
Each of these stages has a significant impact on the cost efficiency, risk mitigation, and overall effectiveness of IT Asset Management Lifecycle. Effectively developing, implementing and managing through these stages across the ITAM Lifecycle requires understanding and utilization of best practice methodologies. This can put significant demands on resources, often delaying or preventing development of a robust IT Asset Management Program. Many times, achievement of goals in process-improvement, cost-savings, risk-reduction and governance programs are delayed, or never accomplished. With the right knowledge, skills and experience at hand for strategy and execution, success is highly attainable.
Once implemented, Cask helps organizations leverage their IT investments to realize cost savings, increase accountability, ensure compliance and reduce risks.