Insights
How to Track Assets in a Digital World?
Innovations and new emerging needs require businesses to look for solutions. If not monitored properly, an overwhelming number of procurements conducted result in more complex enterprise architecture and bloated inventories, in time. So, keeping track of the software applications, hardware, licenses and everything related to the IT structure of a company is crucial. A fluent operation can only be realized if the IT landscape of a company is result-oriented and carefully planned, coordinated, and monitored. As companies have the tendency to prefer SaaS (Software as a Service) today thanks to Digital Transformation, keeping track of completely digital procurement processes is both hard and easy, depending on the situation. It’s hard because it’s quite common to simply buy a new SaaS solution to save the day. Shadow IT, it’s generally called. Yet, it’s also easy as the paper trail is way little digitally. Considering this bilateral need, there should be a comprehensive methodology that deals with the procurements in order not to cause complexity in the IT landscape, putting business operations at risk. A bulky inventory and a complex enterprise architecture could seriously harm a business. Feel free to learn about 6 Consequences of Not Having IT Inventory Management. So, IT Asset Management should be adapted to today’s digital environment. While it was understandable to use pen and pencil or spreadsheets for tracking assets back in the day, the buying process is completely digital today, requiring new alternatives that stemmed from innovations. This calls for a modernized IT Asset Management approach.