Cloud based IT asset management (ITAM) is a system
that manages the life cycle of technology assets from
purchase to commissioning and imaging to support
and patching to retirement.
Cloud based ITAM is a SaaS system hosted in the cloud that requires no or minimal software installations.
According to Gartner, “IT asset management (ITAM) provides an accurate account of technology asset lifecycle costs and risks to maximize the business value of technology strategy, architecture, funding, contractual and sourcing decisions.” ITAM incorporates many other categories, including software asset management (SAM), mobile device management (MDM), configuration management databases (CMDB), cloud services brokerage (CSB), cloud asset management (CAM), and universal endpoint management (UEM). ITAM itself falls under the broader category of enterprise asset management, which includes technology assets and physical plant and stock such as railroad cars or HVAC units.
Cloud based IT asset management software takes all the functionality of a traditional on-premise IT asset management software and moves that functionality into the cloud, much as Salesforce shifted customer relationship management (CRM) from installed software to a cloud hosted solution. This enables greater scalability, faster onboarding and lower overhead and maintenance requirements for IT teams.
Cloud IT asset management systems fulfill crucial functions, including tracking, discovering, monitoring, managing, and securing all technology assets. Currently, this covers four types of assets – physical (laptops, monitors, smartphones), software (installed software), SaaS (cloud-based software) and cloud and virtual infrastructure (cloud servers and cloud-based virtual networks). Through these functions, cloud ITAM serves as the glue that holds together all the IT processes and enables IT teams to perform at a higher level. Cloud ITAM also provides better security, improved employee onboarding, more reliable IT purchasing forecasting, and automated IT audit and compliance processes. Hosting ITAM in the cloud enables:
Cloud IT asset management software holds numerous benefits for an enterprise, applying to
IT, HR, cybersecurity, finance, and engineering teams.
For IT teams, cloud IT asset management software automates many repetitive tasks, reduces time spent commissioning and decommissioning devices, and delivers more accurate data on the status and location of IT assets. Some specific benefits include
For HR teams, cloud IT asset management software enables an improved employee experience during onboarding. Specific benefits include:
For compliance and auditing teams, cloud ITAM can dramatically reduce time spent overall and, more specifically, on inventory and validation tasks. Specific benefits include:
For cybersecurity teams, cloud ITAM is a foundational element of security. Benefits of cloud ITAM for information security include:
Oomnitza is a modern IT asset management cloud for the enterprise that is designed for flexibility, agility and extensibility. As an agentless cloud ITAM, Oomnitza aggregates data collected by other sub-ITAM systems to create a holistic and unified single-source-of-truth or ITAM and asset data. With no agent installs required, Oomnitza is a zero modification solution that can be up and discovering, monitoring and analyzing all four primary categories of IT assets within days. Oomnitza has dozens of pre-configured connectors to key IT systems for ticketing, SSO, security, finance and compliance and HR. Oomnitza automates, streamlines and improves the productivity of many ITAM functions by automating repetitive tasks and making ITAM a more programmatic exercise. Some specific features and benefits of Oomnitza include: