Assets are frequently tracked in a slew of various places by a slew of different people. Nothing belongs to a single individual, and no single instrument collects and centralizes data. Naturally, this leads to confusion and inaccuracy. There are even businesses that hire individuals solely to maintain track of IT assets. IT Asset management delivers an order to IT teams, management, and, ultimately, entire companies by providing a single source of truth.


15+ IT Asset Management Software

1. SolarWinds Service Desk

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Rating: 4.6/5

Price: FREE

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2. BMC Helix Discovery

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Rating: 4.6/5

Price: FREE

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3. LogMeIn Central

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Rating: 4.5/5

Price: $80/month

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4. Lansweeper

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Rating: 5/5

Price: FREE

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5. Oomnitza

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Rating: 4.8/5

Price: Custom

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6. Device42

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Rating: 5/5

Price: FREE

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7. Cherwell IT Asset Management

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Rating: 4.5/5

Price: Custom

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8. Alloy Navigator

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Rating: 4.5/5

Price: $19/month

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9. Vanta

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Rating: 5/5

Price: Custom

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10. Genuity

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Rating: 4.9/5

Price: $29.99/month

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11. Ivanti Unified Endpoint Manager

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Rating: 4.7/5

Price: Custom

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12. BackBox

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Rating: 5/5

Price: Custom

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13. Nlyte

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Rating: 4.7/5

Price: Custom

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14. PDQ Inventory

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Rating: 5/5

Price: $2000/year

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15. Spiceworks

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Rating: 4.9/5

Price: Custom

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16. Servicenow

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Rating: 4.7/5

Price: Custom

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What Is an IT Asset Management Software?

IT asset management is often known as IT inventory management. It usually entails obtaining detailed hardware and software inventory data, which is then utilized to make purchasing and asset use choices. Having an accurate IT asset inventory allows businesses to use their assets better and avoid wasteful asset purchases by repurposing existing assets. It also enables companies to reduce the risks and expenses associated with mistakenly launching new IT initiatives on obsolete infrastructure foundations. As a result, IT asset management is crucial in assisting IT teams in ensuring that the organization’s resources are used efficiently to fulfil the needs of users and business operations.

Benefits

IT asset management is a critical competence for every firm to manage its IT assets successfully. ITAM, if done correctly, will save you time, money, and effort. Here are some of its benefits:

  • Takes command of your IT infrastructure
  • Software assets that are deployed efficiently
  • Hardware asset management that works
  • A shorter mean time to re-establish service

Features

The number of different devices utilized by businesses has been steadily increasing since its inception. Employees in many departments use desktops, laptops, printers, handheld devices, etc., necessitating a growth of the IT department’s tasks. In addition, multiple persons utilizing devices makes tracking the custody of assets more challenging. As a result, IT asset management software is now used by all firms, from small businesses to major corporations, to manage and control their assets. Here are some features that your software should have:

  • Gives real-time asset information: serial number, model, and manufacturer
  • Offers contractual information for the asset, such as lease and software agreements
  • Allows fixed asset depreciation to be tracked

Top 10 IT Asset Management Software

1. SolarWinds Service Desk

SolarWinds is a SaaS-based company that designs and develops network monitoring, security, and configuration management software. They generate $932 million in revenue and employ 3,251 people.

2. BMC Helix Discovery

BMC provides enterprises with solutions for cloud computing, data analytics, IT optimization, business automation, and operational intelligence. They generate $2 billion in revenue and employ 6,000 people.

3. LogMeIn Central

LogMeIn provides businesses with cloud-based remote connectivity services such as collaboration, IT management, and customer engagement. They generate $1 billion in revenue and employ 3,500 people.

4. Lansweeper

Lansweeper is a Belgian-based IT asset management software company that provides businesses with inventory management, data analysis, and related services. They generate $29 million in revenue and employ 120 people.

5. Oomnitza

Oomnitza is a cloud-based asset tracking software for businesses that enables them to manage their information technology infrastructure. They generate $5 million in revenue and employ 28 people.

6. Device42

Device42 creates enterprise-level data centre, server room inventory, and network management software. They generate $12 million in revenue and employ 65 people.

7. Cherwell IT Asset Management

Cherwell is a software-as-a-service company specialising in IT service and asset management for the healthcare, finance, education, and government sectors. They generate $105 million in revenue and employ 500 people.

8. Alloy Navigator

Alloy provides enterprise and small business network management solutions. They generate $9 million in revenue and employ 20 people.

9. Vanta

Vanta is a compliance management solution that enables businesses to streamline processes associated with preparing control audit reports for service organizations. They generate $9 million in revenue and employ 50 people.

10. Genuity

Genuity develops tools that assist businesses and IT leaders navigate the information technology market, optimise their technology spending, and increase their bottom line. They generate $6 million in revenue and employ 36 people.

FAQs

What is the role of an IT asset manager?

The IT Asset Manager is in charge of its software and technology-related hardware daily and long-term strategic level. To ensure compliance with vendor contracts, this includes planning, monitoring, and recording software licensing and hardware assets.

Why do you think you’d be an excellent asset manager?

Because asset managers have a wide range of tasks to perform daily, they get to meet various people from various companies in which they may be interested in investing because it’s critical in asset management to keep up with a wide range of current and global happenings.

What does it mean to have asset management skills?

Employers value strong asset management abilities. They make it possible for you to evaluate risks and manage multiple investment portfolios at the same time. Asset management skills aren’t natural abilities that everybody can develop. They’ve had a lot of education and training.

IT asset management software improves visibility into existing inventory, provides more robust monitoring of hardware configurations, simplifies IT operations, and extends equipment life. These advantages can help your business save money while increasing employee performance and accountability. Regardless of the size of your business, IT asset management can help you streamline operations and support expansion.


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