Automating the hardware asset lifecycle is crucial for maximizing IT investments and improving organizational efficiency. Traditional methods like using spreadsheets fall short in tracking and managing assets effectively. Hardware Asset Management (HAM) optimizes IT investments by automating asset tracking, enhancing data accuracy, reducing costs, and improving decision-making. HAM integrates with business systems to streamline workflows across seven stages: Request, Fulfill, Inventory, Deploy, Monitor, Service, and Retire. This automation minimizes manual tasks, ensures better resource utilization, and supports strategic goals. Using platforms like ServiceNow, organizations can achieve comprehensive asset visibility, lower risks, and higher returns on existing IT investments.

Join for free to read