Never miss a story

Get subscribed to our newsletter


×
ITAM software will save you much more than you initially expended. Pixabay

Asset management is one of the core responsibilities for owners and managers. When it comes to IT-related asset management (ITAM), there are many approaches for handling that major responsibility. These complex functions are built around several time-tested practices that work together to deal with challenges like hardware/software lifecycle processes, and measuring expenses against asset use. In order to achieve the desired outcome, company principles need to recognize the need for a three-prong strategy that involves management of services, finances, and technical functions.

If your organization’s goal is to reap the many rewards of ITAM best practices, you need to be ready to devote plenty of effort, a considerable amount of time, and enough capital to make the system work in a way that’s suitable for your company. For most entities, a workable solution comes in the form of a retail software product. The good news is that, in the end, ITAM software will save you much more than you initially expended. Here are the primary ways that any company can save time and money by using a reliable, comprehensive software program for ITAM.


Follow NewsGram on Facebook to stay updated.

Using the Right Software Versions

When it comes to IT asset management, it’s easy to forget about which version of a software package you selected on the day of installation. Asset management software can help you verify that everything in current use is authorized and installed correctly. Keep in mind that even one improperly installed program can wreak havoc with the company’s entire IT environment.

Control the Software Asset Universe

Chances are your organization uses dozens of software products for tasks large and small. It’s important to rein all of them under an umbrella of control so you can track their usage, know when important updates are scheduled, make sure they stay in compliance, and more.


Asset management software can help you verify that everything in current use is authorized and installed correctly. Pixabay

Minding the Hardware

What happens if a critical piece of hardware fails, or an important laptop stops working? Quick fixes are available but tend to be quite expensive, and take time. Why not save the money and time by planning ahead? Even a simple asset management software product can organize every piece of company hardware, make sure there are backups for emergency use, schedule repairs at the right time, and create smart budgets for future replacements.

It’s also helpful to know that hardware includes more than desktop and laptop computers. Management needs to keep an eye on mice, switches, tablets, printers, keyboards, hubs, netbooks, scanners, phones, monitors, routers, patch panels, and servers.

ALSO READ: Why Indian Businesses Require A GST Compliant Accounting Software

Smart Inventory

Smart inventory means having an accurate list of everything you own. That’s the general accounting definition. But in the world of IT, and especially when it comes to asset management software products, managers can save both time and money by carefully governing each asset the company owns. This is not about having enough inventory on hand in case of a breakdown, as noted above. It’s about making sure nothing gets lost or misappropriated. Record every license number, name, detailed description, asset number, cost, vendor details, and other relevant data about all assets.

(Disclaimer: The article is sponsored and hence, promotes some commercial links.)


Popular

File

Bangladesh over the years show that the state has failed in its duty to protect minorities

By- Salil Gewali

If humanity is hurt, God is hurt.

Religion without compassion might give way to hatred. Compassion with a "self-interest" motive is completely irreligious. But of late, some of the religions have departed from those basic human values. Love and compassion are for only those who follow their "specific" faith. Very sadly, the religions are up as trading commodities in the world of proselytization. Better preachers attract more followers. Of course, no issue if they are not vying for their religious "supremacy". But the ground reality is utterly different. The claim for exclusive supremacy has become the first commandment --- a real bone of contention among the existing religions. In the name of religion, we have polluted our minds. we have corrupted our souls. We have also gone so much astray that God must have now shut his gateway to heaven!

Keep Reading Show less
File

The Aruba villa has great interiors, an outdoor facility, amazing bedrooms, clean bathrooms and huge living space.

By- Your Service

Taking out time for family has become very difficult as people are pretty busy in daily life and find very little time to spend with their loved ones. Planning a family vacation is an excellent way through which the whole family can step away from their daily life and have fun. You can find many destinations for a family vacation, but there is no place that can beat Aruba.

Keep Reading Show less
Photo by Flickr

Milky Way galaxy as seen from Chitkul Valley

NASA's Chandra X-ray Observatory has for the first time spotted signs of a planet transiting a star outside of the Milky Way galaxy, opening up a new avenue to search for exoplanets at greater distances than ever before.

The possible exoplanet -- or planets outside of our Solar System -- candidate is located in the spiral galaxy Messier 51 (M51), also called the Whirlpool Galaxy because of its distinctive profile, NASA said in a statement.

Astronomers have, so far, found all other known exoplanets and exoplanet candidates in the Milky Way galaxy, almost all of them less than about 3,000 light-years from Earth.

An exoplanet in M51 would be about 28 million light-years away, meaning it would be thousands of times farther away than those in the Milky Way, NASA said.

"We are trying to open up a whole new arena for finding other worlds by searching for planet candidates at X-ray wavelengths, a strategy that makes it possible to discover them in other galaxies," said Rosanne Di Stefano of the Center for Astrophysics at Harvard and Smithsonian (CfA) in Cambridge, Massachusetts, who led the study.

The findings are published in the journal Nature Astronomy.

The exoplanet candidate was spotted in a binary system called M51-ULS-1, located in M51. This binary system contains a black hole or neutron star orbiting a companion star with a mass about 20 times that of the Sun. The X-ray transit they found using Chandra data lasted about three hours, during which the X-ray emission decreased to zero.

Based on this and other information, the team estimates the exoplanet candidate in M51-ULS-1 would be roughly the size of Saturn and orbit the neutron star or black hole at about twice the distance of Saturn from the Sun.

The team looked for X-ray transits in three galaxies beyond the Milky Way galaxy, using both Chandra and the European Space Agency's XMM-Newton. Their search covered 55 systems in M51, 64 systems in Messier 101 (the "Pinwheel" galaxy), and 119 systems in Messier 104 (the "Sombrero" galaxy).

However, more data would be needed to verify the interpretation as an extragalactic exoplanet. One challenge is that the planet candidate's large orbit means it would not cross in front of its binary partner again for about 70 years, thwarting any attempts for a confirming observation for decades, NASA said.

Named in honor of the late Indian-American Nobel laureate, Subrahmanyan Chandrasekhar, the Chandra X-ray Observatory is the world's most powerful X-ray telescope. It has eight times greater resolution and is able to detect sources more than 20-times fainter than any previous X-ray telescope.

Known to the world as Chandra (which means "moon" or "luminous" in Sanskrit), Chandrasekhar was widely regarded as one of the foremost astrophysicists of the twentieth century. (IANS/JB)


Keep reading... Show less