IT Jargon Buster

Asset Management

Asset management involves tracking, maintaining, and optimizing a company's assets to maximize their value and efficiency. It includes both physical and digital assets, depending on the business type.

Management

What Asset Management means

Asset management involves tracking, maintaining, and optimizing a company’s assets to maximize their value and efficiency. It includes both physical and digital assets, depending on the business type. While a physical asset management system can tell you the location of a computer, it cannot answer questions like, “What operating systems are our laptops running?” and “Which devices are vulnerable to the latest threat?” An effective IT asset management (ITAM) solution can tie together physical and virtual assets and provide management with a complete picture of what, where, and how assets are being usedYou can’t protect what you don’t know about Learn more: https://en.wikipedia.org/wiki/Asset_Management

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