IT asset management - Concept
IT Asset
(IT asset)
Any hardware, software or licence an organisation owns, uses or is responsible for
What's it for?
Gives an organisation something specific to track when managing the cost, security and life of its technology.
For example…
A laptop with an asset tag, assigned user and warranty end date is recorded as a hardware asset.
A laptop, Microsoft 365 licence and network switch can all be IT assets because the organisation uses and manages them as valuable technology resources.
Think of it like…
Household possessions on an insurance list: you know what you have, where it is, and what it is worth