What is IT Asset Management?
In short, IT Asset Management is a set of business practices that includes IT assets across the company. IT Asset Management is the fusion of the company's IT assets and the necessary financial, contractual, and risk management activities required to manage these throughout their entire lifecycle while supporting tactical and strategic decision-making.
IT ASSET MANAGEMENT IS EVERYWHERE IN THE COMPANY.
All companies, regardless of what they do, are supported by technology today. Much of the work takes place at desks, where the company's employees work with desktops or laptops, connected to monitors, and communicate via the company's network and infrastructure, in which there is some installed software. The employees also work today with their smartphones, which also contain software, and are connected to the company's infrastructure, or directly to services on the internet, or in hybrid cloud solutions.
IT ASSET MANAGEMENT: THE KEY TO COMPLIANCE & SUSTAINABILITY
Complete control over IT asset management and disposal is crucial when organizations need to comply with external factors like ESG, CSRD, ECOVADIS, and NIS2. These controls significantly impact an organization's ESG strategy.
IT asset and disposal management's role in data transparency and sourcing is vital for ESG initiatives, making control over IT assets essential for ESG effectiveness. Moreover, sustainable disposal of IT assets aligns with ESG's environmental goals.
CSRD requires disclosure of non-financial information including ESG factors, which necessitates effective IT asset management for reliable data.
ECOVADIS emphasizes IT control, and efficient IT management can enhance companies' ESG image. NIS2 demands robust cybersecurity, and proper IT control contributes to compliance with its regulations and secure asset disposal.
In summary, controlling IT assets ensures compliance with ESG, CSRD, ECOVADIS, and NIS2, thereby promoting business sustainability, regulatory adherence, and enhanced reputation.