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Loggle is an IT Asset Management Tool that allows IT teams to monitor and manage the lifecycle and costs of all software, hardware and integration assets used within an enterprise.

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Meet Loggle

Loggle is an IT Asset Management Tool that allows IT teams to monitor and manage the lifecycle and costs of all software, hardware and integration assets used within an enterprise.

Learn More
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What is IT Asset Management Software?

What is IT Asset Management Software?

In today's digital age, businesses use modern technologies to increase productivity and improvise the process to compete in the IT-driven world. Various teams within the company start to use new technologies every day according to their business needs. Having a large number of hardware and software assets to manage within the company creates the need to have a central console to monitor and manage these assets. IT Asset Management Software is business software developed to meet this need.

IT Asset Management is the business process primarily designed to manage the lifecycle and inventory of IT assets, and monitoring and managing your hardware, software and integration assets with IT Asset Management Software is essential for business growth in many ways.

What is IT Asset Management Software?

IT Asset Management (ITAM) is a set of business applications that allows an organization to maintain an inventory of all assets owned throughout its lifecycle, from acquisition to disposal. All software and hardware elements in the business environment form an organization's asset ecosystem. IT Asset Management participates in contracting, inventory, financial and risk management responsibilities to manage the lifecycle of these assets, including tactical and strategic decision making in the IT ecosystem.

IT Asset Management Software manages a large portion of an organization's total asset footprint. With IT Asset Management Software, which is used to understand and manage how assets are used, overhead costs can be reduced by finding and removing unnecessary hardware and software samples. IT Asset Management Software supports the needs of IT teams, users and business functions and plays a critical role in ensuring the efficient use of organizational resources.

Why is IT Asset Management Software Important?

IT Asset Management Software is defined by research firm Gartner as “providing an accurate account of IT asset lifecycle costs and risks to maximize the business value of an organization's technology strategies, architecture, financing, contracting and sourcing decisions.” Based on this definition, it is concluded that IT Asset Management is not just about taking inventory of assets. IT Asset Management Software users can increase business value if they focus more on the availability and information value of IT asset data.

Provides a single source of truth.

Many times, assets within the organization are monitored by many different people in different places. As a result of this situation, asset management chaos arises. IT Asset Management Software centralizes all assets owned by the organization. This provides a single source of truth for IT teams, administrators, and the entire organization.

Improves usage and eliminates waste.

IT Asset Management Software keeps information and data always up to date. This prevents unnecessary purchases and saves on licensing and support costs. Increased control reduces risks related to security and legal policies.

Enables productivity without sacrificing security.

IT Asset Management Software allows to view and manage all assets within the organization. Thus, when there is a security threat, it can be viewed and terminated via this software. IT Asset Management Software can be protected by limiting access to sensitive data.

What are the Advantages of Using IT Asset Management Software?

As IT continues to evolve, organizations need to monitor changes in their increasingly dynamic cloud environments for secure and critical services. To meet this need, the use of IT Asset Management Software is increasing day by day. IT Asset Management Software enables collaboration, supports the service management applications owned by the organization, and provides many benefits for organizations.

  • Informed purchasing and distribution decisions

With IT Asset Management Software, organizations can understand what assets they own and what the assets are used for. Continuous and accurate IT Asset Management data helps the organization evaluate its past acquisition and distribution decisions and guides future acquisition and distribution decisions. In addition, IT Asset Management Software helps to improve deployment decisions and avoid purchasing unnecessary resources.

  • Automatic inventory management

IT Asset Management Software records all network devices and applications belonging to the organization from the moment they enter the enterprise ecosystem until they leave. Thus, organizations have the opportunity to automatically discover all the assets in their corporate ecosystem.

  • Business continuity

With asset and configuration data, IT Asset Management Software helps leaders and staff identify the effects of business impacting events and make more confident decisions to restore to users. However, IT asset and configuration data is often backed up, reducing the risk of data loss and helping to develop multi-resilient IT architectures.

  • License and subscription compatibility

Monitoring software licenses and paying for resources that are not needed is a critical issue for organizations as the asset ecosystem expands. IT Asset Management Software allows viewing all the licenses owned by the organization. In addition, IT Asset Management Software helps detect non-compliance with legal and financial risk.

  • Total cost of ownership

The cost of an IT asset far exceeds the cost of acquiring the asset. IT assets need to be supported and maintained throughout their lifecycle to create value. IT Asset Management Software has been developed to use IT assets effectively throughout their lifecycle and helps prevent duplication of assets or unnecessary purchases. As a result, it allows saving on the total cost of ownership.

  • Standardization

Non-standard assets mean providing employees with the specialized training necessary to manage them. Applying standards to IT assets makes IT staff more productive and allows users to interact with a familiar system and data.

  • Increases security.

With IT Asset Management Software, organizations can control and view all their hardware and software. This helps to predict the loss of assets, damage to them, and whether a security threat will be encountered. It also helps to keep track of software licenses. Thus, it reduces the risk of encountering legal and financial problems related to software licenses and subscriptions.

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loggle Meet Loggle

Loggle is an IT Asset Management Tool that allows IT teams to monitor and manage the lifecycle and costs of all software, hardware and integration assets used within an enterprise.

Learn More
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