Benefits of Implementing IT Assets and Inventory Management Software
During 2020-2024, the IT Management software is predicted to grow at a value of over USD 353 Million, with a 7% CAGR year over year. These estimates were from the pre-COVID era, which means that the growth rates could be accelerated now. In the new normal, workforce worldwide is undergoing a seamless transition from desk-based jobs in the office to work from anywhere culture. Fueled by the pandemic’s necessity, remote working from home became a mainstay for professionals in almost every country that bore the pandemic’s brunt. With this culture becoming mainstream, there is an essential requirement for two major components for succeeding:
1. Flexible Enterprise IT Policies
2. Flexible IT Asset Management Software
Flexible enterprise IT policies are needed to ensure that employees are readily connected to the organization’s technology ecosystem from their home networks without facing any issues.
Flexible IT asset management software is needed to accommodate and manage the entire spectrum of IT assets that are now distributed between employees’ offices and homes.
Once a strategic enterprise IT policy is in place, the next important thing a business needs for enabling a seamless remote working culture is efficient IT management software. Such a platform would allow easy control and management of an organization’s IT assets. Companies often rely on outdated IT inventory management software or manual spreadsheet-based mechanisms to organize their crucial assets. These will increase overhead and lead to utter chaos when the business faces disruptions on scales as massive as the COVID-19 pandemic.
Benefits of having a Modern IT Inventory Management Software
With more companies expected to have a hybrid model of work in the future, employees may get the privilege to decide whether they want to work from the office or home. In such a mode of operation, having powerful IT management software can empower organizations to achieve agility in their operations. Let us examine the top 4 benefits that can be realized when an organization deploys a modern IT inventory management software:
1. Manage IT Hardware
An organization’s IT hardware includes components ranging from small network hardware to servers, data centers, and intelligent sensors that are used to aid work. It is vital to enable secure and seamless access to each of these assets when authorized employees need them. Also, there is a need to manage every hardware’s lifecycle from procurement to installation, deployment, maintenance, and retirement at correct intervals of time to maintain a sustainable IT environment for your staff.
2. Manage Devices
With digital being of paramount importance, every business will require employees to have some form of a computing device to be with them for official purposes. In most cases, it will be a desktop PC or laptop, or it could be smartphones with dedicated company apps for work management. Additionally, there will be a host of supporting devices such as printers, webcams, projection devices, etc. It is essential to keep a record of who has access to what to ensure that costly IT assets are not lost or misplaced.
3. Manage Software Licenses
Irrespective of the business sector that a company operates, there will be a range of software products that their employees would use to work better. It could be productivity apps, HR software, digital storage, enterprise work support apps, etc. The IT team will have a hard time administering licenses to employees who need access to different software at different times to progress in their work schedules. With robust IT Assets management software, they get the required dashboards to view, control, and administer licenses to cloud-based or on-premise software used within the workplace.
4. Manage Data
In the digital economy, data is the King, and this notion works in the operational side of businesses. When organizations deploy more software or platforms to empower their employees to work better and serve clients faster, these applications will generate a vast gamut of data daily. This data fuels in-depth analytics and yields insights on improving productivity, better allocation of IT and human resources, optimizing costs, etc. A modern IT management software can handle enterprise data as an IT asset and help companies build internal data workflows and processes to ensure that the data is put to fair use and ROI is derived faster.
A modern IT management software can help businesses realize untapped potential and value from their IT infrastructure. As we have broadly covered in this blog, enterprises of all sizes have an opportunity to make their entire business’s digital backend more flexible to support employees when they want to work from anywhere. This will significantly improve the organization’s preparedness for future disruptions similar to the COVID-19 pandemic. If your organization is on the lookout for a comprehensive enterprise management software to manage your digital landscape, get in touch with us to see why InfinCE can be the ideal solution.