Without a comprehensive management program in place IT assets can cost far more than necessary through waste and redundancy (direct costs) and overly complex management and maintenance (indirect costs). Implementing an effective IT asset management program is a first step for companies to deal with these issues. Learn more today!
EMS-
Realized Cost Savings for CIOs- do you
know Jack?
Edited by Mark Krueger & Nancy Richards CrossTec Corporation 500 NE Spanish River Blvd. Suite 201 Boca Raton, FL 33431 (800)675-0729 / (561)391-6560 www.CrossTecSoftware.com Table of Contents: Abstract.......................................3 Management and Tracking...............................3 Asset Management Defined................................4 ITAM Detailed.....................................5 Hardware...................................5 Software.....................................5 Overview of ITAM................................6 A Successful Strategy...............................7 ITAM and Compliance Mandates.............................7 ITAM Assessment...................................8 CrossTec Solution....................................9 Hardware Inventory...............................9 Software Inventory................................9 Asset History...................................9 User Management...............................9 Reporting..................................10 Software Distribution..............................10 Applications Metering.............................10 Internet Usage Metering.............................10 Conclusion......................................10 EMS- Realized Cost Savings for CIOs
Abstract Jack be nimble, Jack be quick, Jack jumped over a candle stick.what can we learn about this nursery rhyme? If we suppose Jack is within a modern IT Department, he is feeling the heat. The need or push toward IT efficiency and compliance has CIOs jumping. CEOs are looking to force a paradigm shift within those monies allocated to IT components from the long-standing 80/20 tenet. According to Editor in Chief and VP, Rob Preston, at Information Week: "the maintenance and upgrade became the recurring cost of doing business, to the point where spending on upkeep accounts for 80% of the average IT budget, with only 20% left for the new stuff that drives new revenue 1opportunities." Jack doesn't want to get burned and may need a proverbial leg-up to get to where his CEO needs his department. 2According to Nancy Lambert, with Forrester Research , the steady increase in importance of management and monitoring of IT technologies is becoming vital for organizations- with an eye toward productivity and automation. The components which will address the various challenges faced by the CIO are manifold. IT management software is the key however, by which Jack, can accomplish the directives laid out for his department and his company's objectives toward better service delivery solutions. Like the elementary nature of the rhyme, effective IT asset management is a stepping stone toward future growth and development. IT asset management controls a company's IT assets by budgeting, planning, monitoring, incident resolution, and determining the end of an asset's life. Given today's budget restrictions, hiring freezes, downsizing, governmental compliance regulations, and increased cost-cutting pressure - monitoring IT assets forces a do more with less approach. Without a comprehensive management program in place IT assets can cost far more than necessary through waste and redundancy (direct costs) and overly complex management and maintenance (indirect costs). Implementing an effective IT asset management program is a first step for companies to deal with these issues. 1 Information Week, United Business Media Publication, Editorial, September 22, 2008. pg. 54 2 Forrester Research, Article: IT Management Software http://www.forester.com/Research/Document/0,7211,39996,00.html Management and Tracking With constant pressure to reduce costs, the growing frequency of software vendor audits, and government regulations, managing IT assets is a vital corporate function - a potential liability if not performed properly. Inadequate or inaccurate reporting no longer simply wastes money; it can open a company to legal action. Regardless of a company's size, it must comply with software licensing requirements and, as it grows, increasingly stringent government regulations.
CrossTec Corporation 3 EMS- Realized Cost Savings for CIOs
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