Advantages of an On-Premise IT Asset Management Software

The concept of IT asset management, which emerged at the end of the 20th century, has become very important in the 21st century. Among the reasons for this is the development of technology and the fact that it has become the most important player in business processes.

For years, businesses have invested heavily in technology to achieve digital transformation. This has caused the technology infrastructure of the enterprises to grow day by day and reach a complex structure. In parallel with this, corporate architecture, IT service management, IT asset management, etc. The need for business processes has increased.

What is IT Asset Management (ITAM)?

IT Asset Management is the business process for monitoring and managing the assets throughout their lifecycle for which IT is responsible. IT asset management includes the creation and management of the inventory of applications, hardware, integrations and systems within the company.

ITAM makes the IT structures of companies transparent and enables companies to have a better grasp of their existing structures. By implementing ITAM, companies can identify their unused, inefficient and duplicate assets and optimize their IT costs. It also provides data and insights to shape companies' IT investments.

IT Asset Management Processes

The IT asset management process differs from company to company. Because every company's IT structure, IT strategies and business goals are different from each other. But to summarize in general;

1. Establishing an inventory of assets,
2. Detailing the information about their assets,
3. Managing Vendor, contract and license processes,
4. Detecting of duplicate and unused assets,
5. Measuring IT values of inventories,
6. Evaluating of costs,
7. Taking action in accordance with business objectives (migrating, eliminating).

For more detailed information about IT asset management processes, you can read our "What is IT Asset Management?" blog.

Spreadsheet or Software for IT Asset Management

Of course, the first organizations to adopt ITAM did not perform these processes with a software. Organizations first started to implement IT asset management processes through spreadsheets. But the truth is that spreadsheets are not a suitable tool for real-time changes. With the increase in the IT capacity of organizations, spreadsheets began to become useless for ITAM.

IT Asset Management Software is a solution developed to enable companies to manage their complex ITAM processes more easily, effortlessly and with realistic data. ITAM software centralizes companies' ITAM processes and offers a real-time management mechanism.

Why Spreadsheets are Inefficient for IT Asset Management?

On-premise IT Asset Management Software vs Cloud IT Asset Management Software

As stated in the previous parts of the article, IT asset management does not mean the same for all companies. Every company has different expectations from an IT asset management process. These goals and expectations determine how the business should perform the ITAM process. The choice of an IT asset management software on-premise or cloud-based also depends on this.

Although on-premise IT asset management software and cloud IT asset management software have basically the same features and functions, they have various differences. These are generally:

• Security
• Data centralization
• Cost
• Data access

Advantages of On-Premise IT Asset Management Software

On-premise IT asset management software is more advantageous than cloud-based solutions in terms of security, customizability and data storage. Most companies are subject to IT security-related regulations. These regulations are heavier and more severe than the company's sector. There are various regulations all over the world regarding the IT structure of public companies and critical companies.

For this reason, these heavily regulated companies are generally prohibited from using the cloud for security reasons. Public institutions, financial companies, telecom companies, infrastructure companies and many other companies prefer on-premise IT asset management software.

On-Premise IT Asset Management Solution

Loggle is an IT asset management software and it can run as cloud and on-premise (as you wish!). Loggle provides end-to-end support for managing your IT inventory and optimizing IT costs.

Loggle's Tools

• Application Portfolio Management Tool
• Hardware Asset Management Tool
• Integration Inventory Management Tool
• IT Cost Management Tool