Every efficient and effective IT organization is one from the foundation of IT Asset Management which serves as a basis for so many organizations. It is that set of business practices that includes all the important elements of hardware and software that are only found in the business world. In this piece, we will look at how and why you should make your ITAM processes run effectively. We shall also talk about IT Asset software, the salary, resume, and job description of an IT Asset manager. Let’s go!
What Is The Meaning Of IT Assets?
IT asset management is a set of business practices that explains and helps to join the inventory flow, financial, and responsibilities of risk management to manage the affairs of the overall lifecycle of the IT assets including both the strategic and tactical plans of an organization.
In essence, It is a business practice used in joining both the IT and non-IT assets, using tools of IT asset management software. These tools play an important role in IT asset management because it helps employees to be more productive with their time. In addition, IT asset management has both long and short-term benefits and these benefits are:
- Make things easier for every network administrator to solve and troubleshoot problems
- Helps with compliance and auditing
- Brings visibility to networks that are not flexible
- Provide corporate security policy enforcement and continuous productivity improvement to every user.
What Are Examples Of IT Assets?
ITAM(IT Asset Management) to some people means this and to some persons a totally different thing. There are three main types of IT assets with their examples. There are;
- IT Asset
- Software asset
- Non-IT assets
#1. IT Assets
It is a physical device that can be seen and touched. Also, it is used for business activities and it falls under the responsibilities of every IT employee
Examples of IT Assets are;
- Moderns
- Printer
- Scanners
- Computer
- Hubs
- Servers
- Fax machines etc.
#2. Software Assets
It is a software application within any organization used by staff members and an IT Asset manager. These assets help different businesses control and keep good documentation of where and how the company’s software assets are able to run perfectly well for compliance with software licenses.
#3. Non-IT Assets
This device doesn’t fall under any responsibility of any IT employee. It is a physical device just like the IT Assets, used in the course of business practices. The only difference is, it doesn’t fall under the responsibilities of employees.
Examples are:
- File cabinets
- Tables
- Chairs
- Vehicles etc
What Are The Four Components Of The IT Asset?
IT Asset Management is a crucial part of every organization. There are four components of IT assets that will help you to facilitate infrastructure and monitoring of your team’s IT service management.
- Software: A software application is different and the opposite of hardware. It is the physical part of a computer. Furthermore, It is a set of commands or programs used to operate a computer system and carry out specific tasks.
- Hardware: Hardware is a tangible component of a computer that can be seen and touched. It stores and runs written commands provided by the software.
- Data: These are facts and information collected together for analysis.
- System: A system is an interconnecting network used in every organization by IT Asset managers and staff members
What Does An IT Asset Manager Do?
There are a lot of responsibilities that an IT manager performs. To be able to carry out these functions perfectly, there are skills and qualifications every IT manager must have to qualify for their job. I won’t emphasize so much on it. Here is a list of functions, what IT managers do;
- An IT manager is responsible for maintaining and regulating updates to the company software and hardware inventor
- Engage in briefing their teams and make sure they are properly assigned to their daily tasks
- Keep a good record of assets status, as well as take care of problems with devices.
- Upgrade asset
- Kee good record of the security issues
- Engage in interviewing the right people fit for the jo
- Pay good attention to staff performance and collaborate with teams to determine the trends in asset performance
- Develop new ideas and evidence of a policy for supplier
- Identify risk and create a way problems can be solved immediately
- Supervise the procurement analysts and help in developing strategies for procurement across the company for optimization
- Ensure effectiveness and efficiency of staff
What Is The Career Path For IT Asset Manager?
Many IT managers become anything they choose to be depending on their professions and the kind of choices they make. IT asset management has a lot of roles different people play in different areas of this carrier. These are:
- Sales leaders
- Vendor managers
- Contract managers
- auditors
- Financial analyst
- Securities sales agent
How to Become an IT Asset Manager
To become an asset manager, you must be a professional to avoid incompetence in your job. You don’t want to end up bringing people’s entities or organizations which they have built over the years down because of your poor managerial skills. In essence, you must know your job resume as an IT Asset manager. As an excellent Asset manager pay attention to the steps you must take to go from being just an Asset manager to becoming an excellent personnel in your field.
- Get a degree.
- Go for professional development opportunities
- To become an IT Asset manager, you must understand what your job is all about, the job description, your responsibilities, and why you want to work as one.
- Learn good tips on how to become the best.
- Make inquiries on the best universities that can give the best teachings on IT Asset management.
- Having a passion for what you do will help you determine whether becoming an IT Asset manager is worth the stress.
- Lastly, to become an IT Asset manager, develop your communication skills and other skills related to your job, this will enable you to carry out your responsibilities as stated in your job description.
- Make inquiries, and proper research, on the salary, job description, resume, and the software used by an IT Asset manager.
What Qualifications Do You Need To Be An Asset Manager?
IT Asset manager’s qualifications are the knowledge or skills that may or will make you ahead of every other candidate who does not have the potential you have. There is no severe qualification one must have to become an IT Asset manager, but having a degree is very important. What this means is that more is expected from you and your roles are open to being more professional. In essence, as an IT Asset manager, you must have the following qualifications, most of these things are included in a resume. There are:
- Educational or academic qualifications mostly degrees in management.
- Years of experience or internships in this profession
- Ability to multitask
- Ability to work under pressure
- Must have excellent budget and project management skills.
- Good project management skills
- A very strong financial background and a good understanding of everything about real estate.
- Must be able to pursue professional development opportunities.
- As an IT Asset manager, you need to understand your IT environment properly to enable you to utilize your skills effectively.
What is IT environment management?
IT Asset environment management is a set of processes that keeps every IT component effective and functional. It helps to coordinate platforms, resources, and people from different places using them.
Challenges that IT environment management addresses
- Poor communication: IT Asset environment management help to address poor communication. Sometimes, poor communication can result in misunderstandings and failure to identify important defects.
- Helps to configure the tracking tools well and make sure there are in place in other to manage their lifecycles.
- helps to address poor code qualities.
Here are the main benefits of IT environment management
- It enhances better security. It is a solid way to keep your systems and data secure
- It improves performance. It ensures that staff has a productive and positive working experience.
- It helps in reducing costs. Also, it helps experts identify any issue on time and make an amendment before they become costly to handle.
- It saves time and money
- It centralizes activities
- It monitors and analyzes program performance
- Drive accountability and delegate responsibilities
- It helps to organize compliance obligations.
IT Asset Manager Software
Several types of research have been conducted on the number of software used by an IT Asset manager but I came up with the most important ones constantly used by users and there are:
- SolarWinds
- Asset panda
- nifty
- AssetCou
- EZOfficeInventor
- InvGate Asset
- Snipe I
- Freshservice
- Atera
- NinjaOne
- Pulseway: Best for mobile users
- Asset Panda: Best for cloud-based solutions
- Ivant
- Samanage
- Reftab: Considered the best over all-encompassing customizable platforms
- SysAi
- Auvik
- SuperOps.ai
- ServiceNow: It is regarded as the best for a single unified cloud platform.
- GoCode: It is one of the IT asset software used by an IT manager. It is considered to be best for schools, IT office tracking, and construction companies.
IT Asset Manager Salary
IT Asset manager salary differs from one country to another. The salary of an IT Asset Manager in the United state of America ranges from $185,217 and higher. Literally speaking, there is no specific salary for an IT Asset manager, it basically differs from one location to another. The salary estimates are based on 534 latest salaries received from the IT Asset manager.
IT Asset Manager Job Description
Every job has its description which shows the responsibilities and duties of a staff member. These are the responsibilities, skills, and daily tasks of every IT Asset manager and their job description. There are:
- Every IT Asset requires business analysis skills to understand what the needs of the entity are.
- They are charged with the responsibility of making sure the goals of the organization and the issues they pass through every single day into account.
- They must make sure to keep track of all the records of the asset all through their lifecycle and they must ensure they are compliant with the policies of the organization.
- Communication skill is a must for every IT Asset manager.
IT Asset Manager Resume
This is the list of things that must be included in the work resume of an IT Asset manager:
- Experience and operational knowledge of accounting systems
- Ability to multitask
- Ability to work under pressure and within the work deadline
- Experience supervising activities in accounting
- Make a proper interface between finance and operation
- Assist in the closing processes of accounts every month
- Provide a good response to all ad hoc data and to all business account
- Must be able to work independently without the help of team member
- Must be able to provide excellent customer service
- Must be able to manage assets to allow for both simple and complex searches within the organizational digital asset management system
- Develop workflows
- Perform a well-detailed analysis of the IT Asset demand and suppl
- Provide software asset managers with ideas to drive tactical and strategic decision-making.
Summary
IT Asset Management which is also known as ITAM as explained in this article is a process of upgrading, maintaining, and ensuring that the assets of an organization are well accounted for and disposed of at the right time. In addition, an IT Asset management process usually involves tracking, asset identification, and maintenance.
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